NIIT Technologies on Wednesday reported a net profit of Rs. 40.1 crore for the second quarter ended September 30, 2014 which is 36 per cent down compared with Rs. 62.4 crore in the corresponding period last year.
Highlights:
· Consolidated revenues grew 1.9% sequentially to 588.3 Crores
· Operating Profits grew 6.1% sequentially to 82.2 crores
· USD 103 mn of fresh orders
· 5 new customers added
· Launched +ADVANTAGEsuite, next generation platform for Commercial Insurance
· Board approved the appointment of Ms. Holly Morris as Non-Executive Additional Director
Highlights:
· Consolidated revenues grew 1.9% sequentially to 588.3 Crores
· Operating Profits grew 6.1% sequentially to 82.2 crores
· USD 103 mn of fresh orders
· 5 new customers added
· Launched +ADVANTAGEsuite, next generation platform for Commercial Insurance
· Board approved the appointment of Ms. Holly Morris as Non-Executive Additional Director
JULY-SEP FY’15 Quarter Performance at a glance
|
|||
Qtr ended
Sep 30, 2013 Cr |
Qtr ended
Sep 30, 2014 Cr |
Growth
YoY |
|
Consolidated Revenues
|
587.3
|
588.3
|
0.2%
|
Operating Profit
|
88.6
|
82.2
|
-7.2%
|
Profit After Tax
|
62.4
|
40.1
|
-35.7%
|
