NIIT Ltd Q1 FY24 consolidated net profit up at Rs. 2.18 crore

NIIT Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 78.316 crores during the period ended June 30, 2023 as compared to Rs. 72.790 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 2.184 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -9.369 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.16 for the period ended June 30, 2023 as compared to Rs. -0.70 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 78.316 crs	₹72.790 crs	7.59%
Net Profit	₹2.184 crs	₹-9.369 crs	123.31%
EPS	₹0.16	₹-0.70	122.86%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 78.316 crores during the period ended June 30, 2023 as compared to Rs.96.736 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.2.184 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-6.467 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.16 for the period ended June 30, 2023 as compared to Rs.-0.48 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 78.316 crs	₹96.736 crs	-19.04%
Net Profit	₹2.184 crs	₹-6.467 crs	133.77%
EPS	₹0.16	₹-0.48	133.33%

Shares of NIIT Limited was last trading in BSE at Rs. 78.29 as compared to the previous close of Rs. 79.34. The total number of shares traded during the day was 120917 in over 2339 trades.

The stock hit an intraday high of Rs. 81.52 and intraday low of 77.70. The net turnover during the day was Rs. 9503076.00.

Source : Equity Bulls

Keywords

NIIT Q1FY24 ResultUpdate