Stock Report

NIIT Ltd posts consolidated net profit of Rs. 55.03 crores in Q3FY23



Posted On : 2023-01-31 13:57:43( TIMEZONE : IST )

NIIT Ltd posts consolidated net profit of Rs. 55.03 crores in Q3FY23

NIIT Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 469.946 crores during the period ended December 31, 2022 as compared to Rs. 406.918 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 55.039 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 39.556 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 4.02 for the period ended December 31, 2022 as compared to Rs. 2.88 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹469.946 crs ₹406.918 crs Up Tick / Down Tick15.49%
Net Profit ₹55.039 crs ₹39.556 crs Up Tick / Down Tick39.14%
EPS ₹4.02 ₹2.88 Up Tick / Down Tick39.58%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.469.946 crores during the period ended December 31, 2022 as compared to Rs.394.320 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.55.039 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.54.962 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.4.02 for the period ended December 31, 2022 as compared to Rs.4 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹469.946 crs ₹394.320 crs Up Tick / Down Tick19.18%
Net Profit ₹55.039 crs ₹54.962 crs Up Tick / Down Tick0.14%
EPS ₹4.02 ₹4 Up Tick / Down Tick0.50%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1286.885 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1041.987 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.138.912 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.158.819 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.10.09 for the 9 Months period ended December 31, 2022 as compared to Rs.11.54 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹1286.885 crs ₹1041.987 crs Up Tick / Down Tick23.50%
Net Profit ₹138.912 crs ₹158.819 crs Up Tick / Down Tick-12.53%
EPS ₹10.09 ₹11.54 Up Tick / Down Tick-12.56%

Shares of NIIT Limited was last trading in BSE at Rs. 303.10 as compared to the previous close of Rs. 303.50. The total number of shares traded during the day was 13689 in over 908 trades.

The stock hit an intraday high of Rs. 308.45 and intraday low of 302.45. The net turnover during the day was Rs. 4177483.00.

Source : Equity Bulls

Keywords

NIIT Q3FY23 9MFY23 ResultUpdate