Education company NIIT Learning Systems announced Q1FY25 results: Revenue at Rs 407.2 crore, up 7% YoY and 2% QoQ EBITDA at Rs 102.4 crore up 11% YoY and 3% QoQ EBITDA margin at 25% up 99 bps YoY and 14 bps QoQ PAT at Rs 60 crore with EPS at Rs 4.4 Added 3 new MTS Customers; MTS customer tally at 89; Revenue Visibility at USD 350 million Commenting on the results, Vijay K. Thadani, Vice Chairman & Managing Director, NIIT MTS stated, “NIIT MTS continues to demonstrate remarkable resilience in a volatile and uncertain environment. The company has taken the pole position in application of GenAI for improving the effectiveness and efficiency of the L&D; function of our customers.” Sapnesh Lalla, CEO and Executive Director, NIIT MTS, shared his views on the results, "In Q1FY25, NIIT MTS continued to see resilient growth. We have accelerated new customer addition and have retained our track record of 100% renewals. We are excited about the immense opportunity that GenAI creates for our customers and are starting to see early results.” Result PDF
Education company NIIT Learning Systems announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenue at Rs 397.9 crore, up 2% QoQ EBITDA margin at 25%, up 113 bps QoQ Profit After Tax at Rs 54.4 crore; EPS of Rs 4.02 Revenue Visibility at USD 335 million at quarter end FY24 Financial Highlights: Revenue at Rs 1,553.5 crore, up 14% YoY EBITDA margin at 24%, up 106 bps YoY Profit After Tax at Rs 213.2 crore; EPS of Rs 15.82 Adds 11 new MTS customers during the year Sapnesh Lalla, CEO and Executive Director, NIIT MTS, said, “I am delighted to share that at our recent annual customer conference, our customers complemented NIIT MTS for reliability and customer centricity”. He further added, that “The Customer Advisory Board, which met during Confluence, is helping us prioritize key areas for investment, including Generative AI, learning consulting, and transversal skills.” Result PDF