The National Company Law Tribunal (NCLT) in Chandigarh has given approval for NIIT's consolidation plan, merging NIIT Ltd, NIIT Institute of Finance Banking & Insurance, and RPS Consulting. The scheme will become effective once the certified order is received, with an official start date set for April 1, 2026.
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NIIT reported a loss in Q4 earnings, but CEO Vijay K Thadani emphasizes the company's underlying financial strength. In a recent interview, he discussed the financials and influencing factors behind the results.
NIIT experienced a significant shift in Q4 FY26, reporting a loss of Rs 4.4 crore compared to a profit of Rs 13.1 crore in the previous year. Despite this decline, there was a 15.6% increase in revenue, reaching Rs 99.7 crore year-over-year (YoY). However, the overall FY26 profit plummeted by 88.5%, and revenue saw a drop of 9%.
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, 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.