NIIT standalone net profit declines 55.77% in the March 2018 quarter

Sales rise 5.02% to Rs 97.88 crore

Net profit of NIIT declined 55.77% to Rs 4.29 crore in the quarter ended March 2018 as against Rs 9.70 crore during the previous quarter ended March 2017. Sales rose 5.02% to Rs 97.88 crore in the quarter ended March 2018 as against Rs 93.20 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 5.15 crore in the year ended March 2018 as against net loss of Rs 3.53 crore during the previous year ended March 2017. Sales declined 0.40% to Rs 361.87 crore in the year ended March 2018 as against Rs 363.32 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales97.8893.20 5 361.87363.32 0 OPM %12.887.98 -2.88-0.28 - PBDT20.7011.93 74 42.0517.26 144 PBT14.996.20 142 18.23-6.89 LP NP4.299.70 -56 5.15-3.53 LP

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