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NIIT Tech net flat at Rs 28 cr

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BS Reporter Mumbai

NIIT Technologies' net profit remained flat in the June quarter of financial year 2011. The company posted a standalone net profit of Rs 28.82 crore in Q1 of FY 2011 as compared to Rs 29.58 crore it posted in the corresponding quarter of FY 2010.

However, the company's net sales went up 43 per cent at Rs 186.50 crore as compared to Rs 130.13 crore it posted in the corresponding quarter of previous financial year.

NIIT's stock was trading at Rs 186, nearly two per cent higher than Monday's close.

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First Published: Jul 20 2010 | 1:54 PM IST

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