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NIIT Technologies standalone net profit rises 11142.86% in the March 2016 quarter

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Capital Market

Sales decline 2.94% to Rs 352.42 crore

Net profit of NIIT Technologies rose 11142.86% to Rs 31.48 crore in the quarter ended March 2016 as against Rs 0.28 crore during the previous quarter ended March 2015. Sales declined 2.94% to Rs 352.42 crore in the quarter ended March 2016 as against Rs 363.10 crore during the previous quarter ended March 2015.

For the full year,net profit rose 31.45% to Rs 194.01 crore in the year ended March 2016 as against Rs 147.59 crore during the previous year ended March 2015. Sales rose 9.04% to Rs 1467.81 crore in the year ended March 2016 as against Rs 1346.09 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales352.42363.10 -3 1467.811346.09 9 OPM %14.9612.00 -18.3717.01 - PBDT56.0846.05 22 307.34247.90 24 PBT33.4929.36 14 224.50181.38 24 NP31.480.28 11143 194.01147.59 31

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First Published: May 06 2016 | 3:10 PM IST

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