NIIT Ltd Q1FY23 consolidated net profit drops to Rs. 44.31 crores

NIIT Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 410.021 crores during the period ended June 30, 2022 as compared to Rs. 387.205 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 44.317 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 67.377 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 3.20 for the period ended June 30, 2022 as compared to Rs. 4.88 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 410.021 crs	₹387.205 crs	5.89%
Net Profit	₹44.317 crs	₹67.377 crs	-34.23%
EPS	₹3.20	₹4.88	-34.43%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 410.021 crores during the period ended June 30, 2022 as compared to Rs.316.966 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.44.317 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.51.431 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.3.20 for the period ended June 30, 2022 as compared to Rs.3.68 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 410.021 crs	₹316.966 crs	29.36%
Net Profit	₹44.317 crs	₹51.431 crs	-13.83%
EPS	₹3.20	₹3.68	-13.04%

Shares of NIIT Limited was last trading in BSE at Rs. 365.50 as compared to the previous close of Rs. 381.20. The total number of shares traded during the day was 138211 in over 4916 trades.

The stock hit an intraday high of Rs. 384.70 and intraday low of 360.00. The net turnover during the day was Rs. 51109182.00.

Source : Equity Bulls

Keywords

NIIT Q1FY23 ResultUpdate