WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) services, and NIIT University (NU), a reputed ...
NIIT Technologies first quarter net profit fell by 6 percent quarter-on-quarter. Rajendra S Pawar, Chairman, NIIT expects second quarter revenues to improve.
Net profit of NIIT Technologies‘ rose 30 percent quarter-on-quarter. It rose to Rs 56 crore in the third quarter of current financial year 2012-13, but with that year-on-year the net profit declined 12.5 percent.
In an interview with CNBC-TV18, Rajendra S Pawar, Chairman of NIIT Tech said the order intake was very good this quarter and has led to a growth in topline.
Shares of NIIT Technologies, IT software services & solutions organization, fell more than 10% intraday on Thursday after promoters Rajendra S Pawar and Vijay K Thadani sold around 44.36 lakh shares, representing about 7.4% of the company‘s shares.
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.
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.