NIIT Technologies clocks 14 per cent net growth on better BFSI business

NIIT Technologies reported nearly 14 per cent growth in net profit to Rs 67.2 crore during the July-September quarter on revenues of Rs 737.2 crore.

The company saw a better performance on the back of higher growth in banking, financial services and insurance (BFSI) segment, which accounted for 42 per cent revenue.

During the corresponding period last year, NIIT Tech reported net profit of Rs 58.9 crore on revenues of Rs 692.9 crore.

"Growth has come on the back of BFSI revenue and it saw sequential growth of 5.6 per cent against overall company growth of 4 per cent. BFSI has seen growth