Please find outcome of Board meeting held on May 14, 2026
NIITLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NIIT Ltd reported audited consolidated results for FY2025-26 with revenue from operations growing 9.1% to Rs 3,901.71 million from Rs 3,575.83 million. However, profit after tax dropped sharply to Rs 59.31 million from Rs 480.16 million in the previous year. The significant decline was primarily due to exceptional items totaling Rs 109.54 million, including Rs 46.41 million for new Labour Code implementation, Rs 27.38 million in exit-related personnel costs, Rs 9.61 million for amalgamation costs, Rs 6.21 million for legacy tax litigation, and Rs 9.61 million for acquisition-related expenses. EPS declined to Rs 0.39 from Rs 3.52 in FY25. The Board also recommended a dividend of Rs 1 per equity share and announced a pending amalgamation with NIIT Institute of Finance Banking and Insurance Training Limited and RPS Consulting Private Limited awaiting NCLT approval. Statutory auditors S R Batliboi & Associates LLP issued unmodified audit opinions.
The sharp 87.7% decline in PAT despite revenue growth highlights significant margin compression due to one-time exceptional items. The stock may face near-term pressure as earnings quality deteriorates, though the dividend offer provides some support to shareholders.