NIIT Learning Systems Ltd's Q3FY25 Quarter Results
- 23 Jan 2025
Result Summary
- NIIT Learning Systems Ltd reported a 4.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 7.7%.
- Its expenses for the quarter were up by 3.4% QoQ and 7.1% YoY.
- The net profit increased 8.2% QoQ and increased 8.8% YoY.
- The earnings per share (EPS) of NIIT Learning Systems Ltd stood at 4.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 429.18 | 410.08 | 398.55 | 4.7% | 7.7% |
Total Expenses | 343.68 | 332.30 | 320.98 | 3.4% | 7.1% |
Profit Before Tax | 81.28 | 74.54 | 77.56 | 9.0% | 4.8% |
Tax | 19.55 | 17.51 | 20.81 | 11.7% | -6.1% |
Profit After Tax | 61.73 | 57.04 | 56.75 | 8.2% | 8.8% |
Earnings Per Share | 4.40 | 4.00 | 4.00 | 10.0% | 10.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
NIIT Learning Systems Ltd is a prominent player in the education and training industry, specializing in providing comprehensive learning solutions. The company is known for offering a wide range of services, including corporate training, skills development programs, and digital learning platforms. These services cater to both individuals and organizations, aiming to enhance professional skills and career advancement opportunities. While specific recent developments in 2023 are not provided, NIIT Learning Systems Ltd generally focuses on leveraging technology to create effective learning experiences and expanding its global presence through strategic partnerships and ventures.
Revenue
For the third quarter of the fiscal year 2025, NIIT Learning Systems Ltd reported a total income of ₹429.18 crores, marking a quarter-over-quarter (QoQ) increase of 4.7% from the ₹410.08 crores recorded in the previous quarter (Q2FY25) and a year-over-year (YoY) rise of 7.7% compared to ₹398.55 crores in the same quarter of the previous year (Q3FY24). This growth in total income indicates a positive trajectory in the company's revenue generation over both quarterly and annual periods. These figures reflect the company's ability to maintain and enhance its revenue streams despite dynamic market conditions.
Profitability
NIIT Learning Systems Ltd's profitability for Q3FY25 demonstrates a solid financial performance. The Profit Before Tax (PBT) for the quarter was ₹81.28 crores, showing a QoQ increase of 9.0% from ₹74.54 crores in Q2FY25 and a YoY growth of 4.8% from ₹77.56 crores in Q3FY24. The company paid taxes amounting to ₹19.55 crores, which represented an 11.7% increase from the previous quarter, although there was a YoY decrease of 6.1% from Q3FY24's tax expenses. Consequently, the Profit After Tax (PAT) stood at ₹61.73 crores, reflecting an 8.2% QoQ rise from ₹57.04 crores and an 8.8% YoY increase from ₹56.75 crores. The Earnings Per Share (EPS) also showed improvement, increasing by 10.0% QoQ and YoY, reaching ₹4.40 from ₹4.00.
Operating Metrics
The company's total expenses for Q3FY25 were reported at ₹343.68 crores, which corresponds to a 3.4% QoQ rise from ₹332.30 crores in Q2FY25 and a YoY increase of 7.1% from ₹320.98 crores in Q3FY24. This increase in expenses is consistent with the company's expansion efforts and operational scaling. Despite the rise in expenses, the company managed to maintain profitability, as evidenced by the growth in both PBT and PAT. The comparison of financial metrics over different periods indicates the company's operational efficiency and its capability to manage costs while achieving revenue growth.
