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NIIT Tech Q1 net profit at Rs 24.4 cr

Published on Tue, Jul 22, 2008 at 13:33 , Updated at Tue, Jul 22, 2008 at 14:21
Source : CNBC-TV18

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NIIT Technologies has announced its first quarter numbers. It has reported standalone net profit of Rs 24.4 crore for quarter ended June 2008 as against Rs 54.6 crore in previous quarter.

Standalone net sales increased marginally at Rs 124.3 crore from Rs 123.9 crore QoQ.

Particulars Jun-08 Mar-08 Dec-07 Sep-07
Net Sales / Interest Earned / Operating Income 124.26 123.88 118.37 117.48
Other Income 4.9 33.21 5.6 6.87
Total Income 129.16 157.09 123.97 124.35
Expenditure -93.05 -95.74 -86.12 -84.73
Operating Profit 36.11 61.35 37.85 39.62
Interest -0.19 -0.3 -0.28 -0.29
Profit Before Depreciation and Tax 35.92 61.05 37.57 39.33
Depreciation -8.35 -6.57 -5.84 -5.81
Profit before Tax 27.57 54.48 31.73 33.52
Tax -3.13 0.08 -3.19 -2.39
Net Profit 24.44 54.56 28.54 31.13
Equity Capital 58.71 58.7 58.69 58.68

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its an attempt to create panic deliberately.niit tech is a very investor friendly company which has distributed 65p...

in NIIT Tech - itguru at 12-Oct-08 12:03

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British Airways is a large customer of NIIT TECH. BA has only revised the deal. They are sending all on-shore peopl...

in NIIT Tech - Guest at 10-Oct-08 11:54

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