NIIT Q4 Results: Profit jumps 18% YoY, led by tech and BFSI growth; declares dividend

7 hours ago

HomeMarket NewsNIIT Q4 Results: Profit jumps 18% YoY, led by tech and BFSI growth; declares dividend

NIIT Ltd reported an 18% year-on-year rise in net profit for Q4 FY25, alongside 16% revenue growth. The board recommended a ₹1 dividend and highlighted strong expansion in talent programmes.

 Profit jumps 18% YoY, led by tech and BFSI growth; declares dividend

NIIT Ltd reported an 18% year-on-year rise in consolidated net profit to ₹13.1 crore in the March quarter, driven by strong demand across its technology and BFSI skilling programmes.

Revenue for the quarter grew 16% to ₹86 crore from ₹74.3 crore a year ago. However, the company reported an EBITDA loss of ₹1.5 crore compared to a ₹0.5 crore profit in the same period last year.

“We are currently in an investment phase, which is why our EBITDA appears understated,” the company told CNBC-TV18, adding that FY26 will also be a year of investments and EBITDA margins are expected to remain similar to FY25.

The company’s board has recommended a final dividend of ₹1 per equity share for FY25. For the full year, NIIT reported a profit of ₹46.1 crore, up 20% YoY, while revenue rose 18% to ₹357.6 crore.

“Despite a volatile business environment, we have recorded double-digit YoY revenue growth for the fifth consecutive quarter with all-round growth across Technology and BFSI programmes,” said Pankaj Jathar, CEO, NIIT Limited.

Chairman Rajendra S Pawar added, “Our investments in new technologies, scalable platforms, and outcome-based learning are aimed at shaping a resilient workforce.”

Also Read: Cipla Q4 Results: Revenue up 9%, FY25 margin guidance surpassed

The company also expanded its portfolio by acquiring a 70% stake in iamneo, an AI-powered deep skilling SaaS platform.

“The acquisition of iamneo and our move to integrate GenAI across flagship programmes are part of our strategy of future readiness,” said Vice Chairman Vijay K Thadani.

NIIT shares slipped to an intraday low of ₹134.75 post results, down 1.28% from the previous day’s close. At the time of writing, the stock was trading flat at ₹136.45.

First Published: 

May 13, 2025 2:15 PM

IST

Read Full Article at Source