IT Training Services firm NIIT Announced Q1FY23 Result :
- Q1 Revenue at Rs. 404.8 Cr, up 34% YoY, 8% QoQ.
- EBITDA at Rs 74 Cr, up 5% YoY, with 18.3% EBITDA Margin
- Profit After Tax of Rs. 44.3 Cr; EPS at Rs 3.3
- Corporate Learning Group (CLG) revenue grows 18% YoY; Adds 4 MTS customers and records revenue visibility of $ 304 Mn
Commenting on the results, Vijay K Thadani, Vice Chairman & Managing Director, NIIT Limited said, “In face of increasing global uncertainty and rapid macro-economic changes, NIIT continued its growth momentum resulting in a strong revenue growth of 8% QoQ and 34% YoY.”