NIIT Ltd's Q3FY25 Quarter Results
- 25 Jan 2025
Result Summary
- NIIT Ltd reported a 1.8% 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 13.4%.
- Its expenses for the quarter were down by 0.1% QoQ and up 17.5% YoY.
- The net profit increased 15.2% QoQ and decreased 7.1% YoY.
- The earnings per share (EPS) of NIIT Ltd stood at 1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 115.06 | 112.98 | 101.50 | 1.8% | 13.4% |
Total Expenses | 97.69 | 97.78 | 83.15 | -0.1% | 17.5% |
Profit Before Tax | 17.37 | 15.20 | 18.35 | 14.3% | -5.3% |
Tax | 3.29 | 1.82 | 3.20 | 80.8% | 2.8% |
Profit After Tax | 13.99 | 12.14 | 15.06 | 15.2% | -7.1% |
Earnings Per Share | 1.00 | 0.90 | 1.10 | 11.1% | -9.1% |
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 Ltd is a leading global provider of skills and talent development services. The company is recognized for its comprehensive learning management and training delivery solutions to corporations, institutions, and individuals across 30 countries. As a part of the education and training services industry, NIIT offers a range of services that include corporate training, vocational training, and digital transformation services. Recent developments in the company, such as strategic partnerships or expansions, are not specified in the provided data.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), NIIT Ltd reported a total income of ₹115.06 crores. This marks a sequential increase of 1.8% from the previous quarter (Q2FY25) where the total income was ₹112.98 crores. Compared to the same quarter in the previous year (Q3FY24), there is a 13.4% year-over-year increase from ₹101.50 crores. This upward trajectory in total income reflects the company's ongoing operations and market performance over the reported periods.
Profitability
NIIT Ltd's profitability metrics for Q3FY25 show a Profit Before Tax (PBT) of ₹17.37 crores, which is a significant quarter-over-quarter increase of 14.3% from ₹15.20 crores in Q2FY25. However, compared to Q3FY24, there is a slight decrease of 5.3% from ₹18.35 crores. The Profit After Tax (PAT) for Q3FY25 is ₹13.99 crores, showing a quarterly increase of 15.2% from ₹12.14 crores in Q2FY25, but a year-over-year decline of 7.1% from ₹15.06 crores in Q3FY24. The Earnings Per Share (EPS) in Q3FY25 stands at ₹1.00, representing an 11.1% increase from the previous quarter but a 9.1% decrease from the same period last year.
Operating Metrics
The total expenses for NIIT Ltd in Q3FY25 were ₹97.69 crores, slightly down by 0.1% from ₹97.78 crores in Q2FY25. When compared year-over-year, there is a noticeable increase of 17.5% from ₹83.15 crores in Q3FY24. The tax expense for Q3FY25 is ₹3.29 crores, which is an 80.8% increase from the previous quarter's ₹1.82 crores, and a 2.8% increase from ₹3.20 crores in Q3FY24. These operating metrics provide insights into the company's cost management and tax obligations over the period.
