Education firm NIIT Learning Systems announced Q1FY24 results: Q1FY24 revenue at Rs 382.3 crore, up 22% YoY EBITDA at Rs 92.4 crore, with EBITDA margin of 24% Profit after tax of Rs 55.2 crore EPS at Rs 4.1 Adds 4 New MTS customers during Q1FY24; revenue visibility at $360 million On the occasion of the listing of the company Rajendra Singh Pawar, Co-founder NIIT and Chairperson NIIT Learning Systems, said, “We are proud and thrilled to present our newly listed entity — ‘NIIT Learning Systems Limited’. The Managed Training Services Business has grown to be ranked in the Top 5, globally in the Learning Outsourcing space. The global corporate training market is currently underpenetrated, and the company has an opportunity to become a leader in this space.” Commenting on the results, Vijay K. Thadani, Co-founder NIIT and Vice Chairman & Managing Director, NIIT Learning Systems said, “Despite the challenging macroeconomic environment and prevailing uncertainty, the business continues to attract new customers as well as maintain its track record of 100% renewals. This would provide a strong platform for growth as we see a reversion to normal consumption levels" Result PDF