NIIT records 56% profit

By agencies   |   Thursday, 20 July 2006, 07:00 Hrs
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NEW DELHI: NIIT Technologies posted their quarterly earnings with a 56 percent increase in the profit after tax at $4.95 million for June as against 3.18 million in the corresponding period last fiscal.

With the company's fresh order intake standing at $38 million, the consolidated revenues for the quarter ended June 30 grew 40 percent at $43.4 million as against $30.9 million in the same period in previous year.

Rajendra S. Pawar, Chairman said that the additional revenues from Room Solutions supplemented the healthy 27 percent year-on-year organic growth witnessed in the quarter.

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