Moneycontrol PRO

business

Margins will improve in coming quarters: NIIT Technologies

Arvind Thakur, chief executive officer, NIIT Technologies says the rupee has appreciated against the dollar, euro and the pound as a result of which the other income which were positive in last quarter has turned negative this quarter which resulted in sequential decline in net profits.

first published: May 4, 2012 05:05 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347