NIIT Tech Q4 net profit rises 22.5% to Rs 105.5 cr, revenue up Rs 972.2 cr

NIIT Technologies has also been very vocal about its strategy to hire senior-level talent from top-tier technology services firms under Singh

In spite of a tax payment made to the Australian government, lower spending by the Indian government on account of elections, and other one-time charges, NIIT Technologies said its annual results were among the best in the history of the mid-tier information technology (IT) firm. 

NIIT Technologies reported Rs 972.2 crore in revenue in Q4 ended March 31, an annual growth of 23.2 per cent, while net profit was Rs 105.5 crore, a rise of 22.5 per cent over last year. 

Operating margin, however, fell 42 basis points (bps) annually on account of a voluntary tax disclosure made by NIIT Technologies in