NIIT has announced a 15% year-on-year increase in their Q4 revenue, reaching INR 997 million compared to INR 863 million last year.
NIIT Limited
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NIIT, in its latest quarterly report, reported a significant drop in profits, with a net loss of 44 crores, a stark contrast to last year's profit of 131 crores. This shift indicates a notable decline in the company's profitability by approximately 175 crores year-over-year.
NIIT Ltd saw a 16% year-on-year increase in Q4 revenue to Rs.997 million, with technology programs accounting for 70%. For the fiscal year 2026, total revenue increased by 9%. Despite posting a profit after tax (PAT) of Rs.53 million, the company remains near EBITDA breakeven, hinting at a focus on growth over immediate profits in the tech sector.
NIIT Learning's Q4 earnings show a significant improvement, with profit increasing by 57.1% year-over-year. The revenue also rose by 22.1%, demonstrating strong growth for the company in this quarter.