After reporting a consolidated net profit of Rs 26 crore for the fourth quarter of FY12, up 30% from a year ago period, NIIT is hopeful of maintaining its good performance.
Speaking to CNBC-TV18, Vijay Thadani, CEO of the company said the quarter has been fairly decent in terms of volume growth.
In an interview with CNBC-TV18, Rajendra S Pawar, Chairman of NIIT Technology talks about the company's second quarter result. He also outlines the company’s growth trajectory further ahead.
Speaking to CNBC-TV18, Vijay Thadani, chief executive officer of NIIT said the aim of selling its US subsidiary was to increase focus on management training services and other platforms of growth.
Reporting a rise in revenues of 16% in the first quarter results for FY12, NIIT is looking forward to a better second half backing on new initiatives. “The second half of this year should see an uptick due to the combination of many services that have begun kicking in,” says Rajendra S Pawar, chairman of NIIT.
Vijay Thadani, CEO of NIIT, in an interview with CNBC-TV18's Latha Venkatesh and Gautam Broker, said that the company has decided to look after the complete training requirements globally instead of having an in-house training function.
The individual learning business of NIIT is the most established part of their establishment. Rajendra S Pawar, chairman of NIIT in an interview on CNBC-TV18 sees the individual learning business further improving their double digit numbers by going higher. “We are also looking at new avenues in this space,” he adds.