NIIT Tech Q2 profit up 14% to Rs. 67 cr
18 Oct 2017 9:49 PM IST
New Delhi: NIIT Technologies on Wednesday posted 14.4 per cent increase in consolidated profit after tax at Rs 67.2 crore for the second quarter ended September 30.
The company had registered PAT of Rs 58.9 crore in the same period a year ago.
The total revenue of the company increased by about 7 per cent to Rs 745.4 crore in the reported quarter from Rs 696.7 crore in the corresponding quarter of previous fiscal.
"Robust sequential growth during the quarter came on the back of strong growth in the US, APAC (Asia Pacific) and India," NIIT Technologies CEO and Joint MD Arvind Thakur said in a statement.
NIIT Technologies recorded 5.5 per cent growth in revenues from the US sequentially during the quarter and now contributes to 50 per cent of the revenue mix, the statement said.
Revenues from travel and transportation represent 27 per cent of NIIT Technologies' overall revenues.
Next Story
