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NIIT standalone net profit declines 94.00% in the September 2020 quarter

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Capital Market

Sales decline 23.37% to Rs 86.51 crore

Net profit of NIIT declined 94.00% to Rs 13.02 crore in the quarter ended September 2020 as against Rs 217.15 crore during the previous quarter ended September 2019. Sales declined 23.37% to Rs 86.51 crore in the quarter ended September 2020 as against Rs 112.89 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales86.51112.89 -23 OPM %7.7113.31 -PBDT30.9761.81 -50 PBT25.0053.32 -53 NP13.02217.15 -94

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First Published: Oct 30 2020 | 1:57 PM IST

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