ICICI Securities Ltd | Retail Equity Research NIIT Tech's (NTL) US$ revenues grew 1.7% QoQ to $116.7 million, largely in line with our expectation of 2.1% growth to $117.2 million Rupee revenues increased 2.6% QoQ to | 756.5 crore and were largely in line with our expectation of | 758.5 crore estimate At 17.1%, EBITDA margins expanded 100 bps QoQ and were above our 60 bps expansion, 16.7% estimate mainly on account of lowerthan-expected direct cost (| 481.1 crore vs. | 490 crore assumed) Reported profit of | 75.7 crore was ahead of our estimate of | 68...