Stock Report

NIIT Ltd consolidated Q2FY23 PAT lower at Rs. 39.55 crores



Posted On : 2022-10-28 13:53:16( TIMEZONE : IST )

NIIT Ltd consolidated Q2FY23 PAT lower at Rs. 39.55 crores

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

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 406.918 crores during the period ended September 30, 2022 as compared to Rs. 410.021 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 39.556 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 44.317 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 2.88 for the period ended September 30, 2022 as compared to Rs. 3.20 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 406.918 crs ₹410.021 crs Up Tick / Down Tick-0.76%
Net Profit ₹39.556 crs ₹44.317 crs Up Tick / Down Tick-10.74%
EPS ₹2.88 ₹3.20 Up Tick / Down Tick-10.00%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 406.918 crores during the period ended September 30, 2022 as compared to Rs.330.701 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.39.556 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.52.426 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.2.88 for the period ended September 30, 2022 as compared to Rs.3.84 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 406.918 crs ₹330.701 crs Up Tick / Down Tick23.05%
Net Profit ₹39.556 crs ₹52.426 crs Up Tick / Down Tick-24.55%
EPS ₹2.88 ₹3.84 Up Tick / Down Tick-25.00%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.816.939 crores during the 6 Months period ended September 30, 2022 as compared to Rs.647.667 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.83.873 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.103.857 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.6.08 for the 6 Months period ended September 30, 2022 as compared to Rs.7.53 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹816.939 crs ₹647.667 crs Up Tick / Down Tick26.14%
Net Profit ₹83.873 crs ₹103.857 crs Up Tick / Down Tick-19.24%
EPS ₹6.08 ₹7.53 Up Tick / Down Tick-19.26%

Shares of NIIT Limited was last trading in BSE at Rs. 281.45 as compared to the previous close of Rs. 279.80. The total number of shares traded during the day was 48280 in over 2874 trades.

The stock hit an intraday high of Rs. 288.20 and intraday low of 279.50. The net turnover during the day was Rs. 13681153.00.

Source : Equity Bulls

Keywords

NIIT Q2FY23 H1FY23 ResultUpdate