NIIT Limited has informed the Exchange regarding Board meeting held on August 08, 2025.
NIITLTD · price
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Awaiting price reaction for this filing.
NIIT Limited reported its Q1 FY26 (quarter ended June 30, 2025) results, with consolidated revenue from operations at Rs. 841.17 Million, up marginally from Rs. 824.75 Million in the same quarter last year. Total income rose to Rs. 1,078.26 Million (vs. Rs. 992.29 Million) helped by higher other income. However, profit after tax (including discontinued operations) fell sharply to Rs. 41.92 Million from Rs. 81.95 Million a year ago, pulled down by Rs. 19.26 Million in exceptional items and higher employee and outsourcing costs. Basic EPS dropped to Rs. 0.32 from Rs. 0.57. The company completed two acquisitions during the quarter – 70% in iamneo Edutech for Rs. 608.90 Million and the remaining stake in NIIT IFBI for Rs. 62.67 Million – making it a wholly owned subsidiary. Auditor S.R. Batliboi & Associates gave an unqualified limited review report.
Short-term sentiment is likely negative as profit nearly halved year-on-year, mainly due to acquisition-related exceptional charges and cost pressure. However, the iamneo and IFBI acquisitions expand the education technology footprint, which may support growth in coming quarters. The trading window reopens on August 11, 2025.