Vijay Thadani, CEO, NIIT says they are downsizing the government part of their school business but private school business is growing. The non-government business is now 59 percent versus 51 percent earlier.
Even though revenues have dropped, Vijay Thadani, CEO of NIIT says three out of four businesses have done exceptionally well.
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.
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.