NIIT Technologies standalone net profit rises 185.49% in the March 2017 quarter

Sales rise 25.66% to Rs 458.50 crore

Net profit of NIIT Technologies rose 185.49% to Rs 86.56 crore in the quarter ended March 2017 as against Rs 30.32 crore during the previous quarter ended March 2016. Sales rose 25.66% to Rs 458.50 crore in the quarter ended March 2017 as against Rs 364.86 crore during the previous quarter ended March 2016.

For the full year,net profit declined 13.96% to Rs 164.90 crore in the year ended March 2017 as against Rs 191.65 crore during the previous year ended March 2016. Sales rose 7.47% to Rs 1595.15 crore in the year ended March 2017 as against Rs 1484.22 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales458.50364.86 26 1595.151484.22 7 OPM %23.8413.54 -17.4817.83 - PBDT116.5453.99 116 309.77303.42 2 PBT93.9331.74 196 218.89221.94 -1 NP86.5630.32 185 164.90191.65 -14

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