IT training services firm NIIT Ltd today reported a growth of 0.76% in consolidated net profit to Rs 13.1 crore for the quarter ended June, 2011.
The company had registered a net profit of Rs 13 crore in the same period of the previous fiscal, NIIT Ltd said in a statement.
Revenues rose to Rs 321.2 crore in the first quarter of 2011, compared to Rs 278 crore in the corresponding year-ago period.
However, on a standalone basis, the company posted a net loss of Rs 10 crore for the April-June quarter, as against a profit of Rs 97 lakh in the same quarter of the previous fiscal.
Shares of NIIT Ltd were trading at Rs 56.55 on the BSE, down 2.67% from their previous close.
