Highlights:
- Records Profit After Tax of Rs. 52.4 Cr, up 101% YoY
- Q2 Revenue at Rs. 314.2 Cr, up 44% YoY
- EBITDA margin at 23.5%, up 780 bps YoY
- Corporate Learning Group (CLG) records revenue growth of 40% YoY and EBITDA margin of 29%
- CLG signs 6 new MTS contracts; ends the quarter with 63 MTS customers and revenue visibility at $ 294 Mn
- Skills and Careers Group (SN records accelerated growth of 70% YoY and 11% QoQ on the back of growing demand for TPaaS and StackRoute offerings
Speaking on the company's performance during the quarter, Vijay K Thadani, Vice Chairman & Managing Director, NIIT Limited said, "NIIT delivered robust revenue growth of 44% YoY with improved margins. The Corporate Learning business continues to strengthen its market position and has added a record 6 new MTS contracts during the quarter. Our key initiatives in India TPaaS and StackRoute-delivered strong volume growth."
