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Article: NIIT Q1 net up 10 pc at Rs 17 cr.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- July 24, 2008
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NIIT Q1 net up 10 pc at Rs 17 cr
Mumbai, July 24 (PTI) IT learning solutions provider NIIT today announced a consolidated net profit of Rs 17 crore for the first quarter ended June 30, a 10.38 per cent growth over the corresponding period a year ago.
The company had net profit of Rs 15.4 crore in the same quarter in FY'08, NIIT said in a filing to Bombay Stock Exchange.
The net revenue rose to Rs 259.5 crore in the latest quarter, from Rs 225.4 crore in the year-ago period.
During the quarter, NIIT recorded a 25 per cent growth in global system-wide revenue at Rs 366.4 crore.
"Our drive to develop global talent has been ...