NIIT Ltd declared results below our expectations with revenue growth of 6% yoy and core operational PAT of Rs38mn (we expected 8.3% yoy growth and, core PAT of Rs85mn). Traction in Corporate Learning continued with 28% yoy growth - backed organic growth of ~12% yoy and inorganic addition of ~Rs176mn from the integration of Eagle Productivity business it acquired in the quarter. We expect momentum in this segment...