HomeNewsBusinessEarningsAcquired co's margins better than ours: NIIT Tech

Acquired co's margins better than ours: NIIT Tech

Arvind Thakur, chief executive officer, NIIT Tech, says the company has acquired 51 percent stake in Incessant Technologies for USD 17 million and expects it to be margin and EPS accretive.

May 05, 2015 / 22:41 IST
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IT company NIIT Tech reported a net profit of Rs 48.2 crore (QoQ) for Q4. In an interview to CNBC-TV18, Arvind Thakur, chief executive officer, says the company is focusing on digital business.

Thakur says the company has acquired 51 percent stake in Incessant Technologies for USD 17 million and expects it to be margin and EPS accretive.

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first published: May 5, 2015 04:08 pm

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