NIIT consolidated net profit rises 7784.75% in the March 2021 quarter

Sales rise 30.47% to Rs 275.51 crore

Net profit of NIIT rose 7784.75% to Rs 46.52 crore in the quarter ended March 2021 as against Rs 0.59 crore during the previous quarter ended March 2020. Sales rose 30.47% to Rs 275.51 crore in the quarter ended March 2021 as against Rs 211.17 crore during the previous quarter ended March 2020.

For the full year,net profit declined 89.23% to Rs 143.02 crore in the year ended March 2021 as against Rs 1327.46 crore during the previous year ended March 2020. Sales rose 6.78% to Rs 949.49 crore in the year ended March 2021 as against Rs 889.18 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales275.51211.17 30 949.49889.18 7 OPM %23.29-2.13 -16.265.70 - PBDT72.7416.97 329 237.10150.87 57 PBT57.01-1.23 LP 178.1691.07 96 NP46.520.59 7785 143.021327.46 -89

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