NIIT net profit up two-fold at Rs 1.2 crore in Q3 NEW DELHI: IT - TopicsExpress

NIIT net profit up two-fold at Rs 1.2 crore in Q3 NEW DELHI: IT training solutions firm NIIT reported over two-fold growth in its consolidated net profit at Rs 1.2 crore for the third quarter ended December 31, 2013. The Gurgaon-based firm had posted a net profit of Rs 50 lakh in the year-ago period. Consolidated revenues, however, rose marginally to Rs 233.6 crore in the October-December quarter this fiscal from Rs 232.7 crore in the same quarter of 2012-13 fiscal. Commenting on the performance, NIIT Ltd Chairman Rajendra S Pawar said: The margin growth of 279 bps points to the underlying revival in business. Despite Q3 being a seasonally weak quarter, the performance is good. Total placements during the third quarter stood at 8,117 students. NIIT has been able to take advantage of the developing opportunities in the US market to record a 31% y-o-y increase in order intake in its CLS business, NIIT CEO Vijay K Thadani said. Corporate Learning Solutions (CLS) recorded net revenues of Rs 105.9 crore, up 34% y-o-y. It added three new contracts in the third quarter taking the Pending Order book for CLS to Rs 257 crore executable over the next 12 months. Career Building Solutions (CBS) recorded net revenue of Rs 91.7 crore during the quarter. Cloud campus initiative has now expanded to cover 92 courses across 210 centres with a cumulative enrollment of over 53,000 students. Our non-IT courses have also done well in the third quarter, while banking services course posted a decent growth, Thandani said. The company has also started new courses keeping in view the growth in adoption of disruptive technologies. NIIT extended its portfolio by introducing a programme in Business Analytics during the quarter, which has been receiving a good response from the industry. Going ahead, Pawar said, the market shows signs of growth and it is favourable for players like NIIT. The swing in growth is indicative of the underlying revival, he added. Shares of NIIT today fell by 3.17% to settle at Rs 27.50 apiece on the BSE from its previous close. For any queries related to Software Product and Animation please log on to : locustechsoft #locustechsoft

In the past 24 hours, EVERYTHING has changed... All because of the

……………………..JUST KEEP

My friend is selling his starlet 93 reconditioned 4efte if any one

OPEN HEAVENS DEVOTIONAL Friday October 24, 2014 Theme:

If youre a man close to, or over 35, you are probably starting to

Dogodilo se na današnji dan - 2. jul 1566. - Umro je

Levi’s Men’s Ace Cargo Twill Pant Levi Men Ace Cargo Twill

I could have posted the article from Conservative Tribune but then

So .. I pop over to the shops at lunch on a mission to try a few

Godzilla (2014) - Making The Music - Alexandre Desplat Making The

colon cleanse smoothie ,colon cleanse smoothie Green Coffee Bean

My favorite part about last nights tag bible study was: War of the

Thoughts in Worship Message Magazines Online Devotional for

I tried to be like Grace Kelly But all her looks were too sad So

I thought that members of your craft group might be interested to

SACARRONCHA RECHAZO I La noticia de que los expresidentes de

I sure hope the guys who currently run our military arent like the

Dear Friends, Thank you all for the participation in Captains

I tires and worries me when our political leaders defend Islam

Review Apple MacBook Pro MD313LL A 13 3-Inch Laptop OLD VERSION On

TOP TEN MOST EXPENSIVE FOOTBALL CONTRACTS10. Robinho - three

Cheeky Cherokee Costume - Teen Medium Reviews. If you are

Man Freaks Out and Is Arrested After Learning the Women He Was