Skills and talent development company NIIT Ltd on Saturday posted a consolidated net profit of Rs 1,090.4 crore for the June quarter, and said its board has approved a buyback programme of up to Rs 335 crore.
Its net revenue declined by 2 per cent to Rs 210.3 crore in the quarter under review from Rs 214.3 crore in the year-ago period.
NIIT Ltd, which had registered a net profit of Rs 17.9 crore in the April-June 2018 quarter, said profit after tax for the June 2019 quarter includes one-time income on account of divestment of NIIT Ltd's shareholding in