NIIT Limited Announces Q2 (July - September 2021) Consolidated Results

Skills and Careers Group (SNC) records accelerated growth of 70 per cent YoY and 11 per cent QoQ on the back of growing demand for TPaaS and StackRoute offerings

NIIT Limited, a global leader in skills and talent development, today reported its results for the second quarter ending September 30, 2021. During the quarter, the company recorded Net Revenue of Rs. 314.2 Cr. up 44% YoY. EBITDA was Rs. 73.9 Cr. up 115% YoY and the EBITDA margin stood at 23.5%, up 780 bps. Profit After Tax was recorded at Rs. 52.4 Cr, up 101% YoY. The results were taken on record at the meeting of the Board of Directors held today.

NIIT received 51 Brandon Hall Group Human Capital Management Excellence awards, including 30 Gold, 12 Silver, and 9 Bronze honours won in collaboration with customers. Candidates, who are learning leaders from client enterprises, received seven Chief Learning Officer Learning in Practice awards, including four gold awards, one silver award, and two bronze awards. At the Quantic India 3rd Annual BFSI Excellence Awards 2021, NIIT IFBI received the 'Training & Education Excellence Award.'

Commenting on the quarter performance, Sapnesh Lalla, CEO and Executive Director, NIIT Ltd. said, “Both the Corporate Learning Group (CLG)  and the Skills and Careers Group (SNC) continued to accelerate and grow during the quarter. As the war for talent intensifies, our core value proposition of providing training interventions that deliver outcomes at scale, continues to resonate with our customers.”

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NIIT Limited Announcement Q2 Consolidated Results

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