IT solutions organisation, NIIT Technologies has posted a consolidated profit after tax of Rs 36.7 crore, up 7 per cent over the same period last year.
The consolidated revenues of the company grew 13 per cent to Rs 258.7 crore from its revenues in the corresponding quarter in the last year.
The company has incurred a revenue loss of Rs 8.5 crore as result of hedging against the currency movement. Further, NIIT Technologies entered into a multi-million pound alliance with UK's British Airways to enable support and testing of business critical applications across business areas.
The company also partnered Cathay Pacific Airlines to develop cargo handling solution at their new Cargo Terminal at the Hong Kong international airport.
NIIT Technologies added 5 new customers during the second quarter in the travel space and one each in insurance, retail and the government.
A total of $75 million worth of fresh business was booked during the quarter garnering an increase in intake of 74 per cent over the previous quarter.
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In all the total number of people engaged at the end of the quarter was 4,667.
There was an increase in capacity utilisation to 81 per cent.