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NIIT consolidated net profit rises 44.84% in the March 2022 quarter

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Capital Market

Sales rise 34.50% to Rs 374.98 crore

Net profit of NIIT rose 44.84% to Rs 67.38 crore in the quarter ended March 2022 as against Rs 46.52 crore during the previous quarter ended March 2021. Sales rose 34.50% to Rs 374.98 crore in the quarter ended March 2022 as against Rs 278.79 crore during the previous quarter ended March 2021.

For the full year,net profit rose 58.16% to Rs 226.20 crore in the year ended March 2022 as against Rs 143.02 crore during the previous year ended March 2021. Sales rose 45.08% to Rs 1377.48 crore in the year ended March 2022 as against Rs 949.49 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales374.98278.79 35 1377.48949.49 45 OPM %19.3123.94 -21.2416.26 - PBDT84.1776.40 10 342.21237.10 44 PBT68.5260.75 13 284.55178.16 60 NP67.3846.52 45 226.20143.02 58

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First Published: May 24 2022 | 2:39 PM IST

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