NIIT's Q1 FY 2025-26 Quarterly Results

Result Summary

• NIIT Ltd reported a 16.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 8.7%.
• Its expenses for the quarter were up by 27.2% QoQ and 12.8% YoY.
• The net profit decreased 63.2% QoQ and decreased 48.9% YoY.
• The earnings per share (EPS) of NIIT Ltd stood at 0.3 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

NIIT Ltd is a global leader in skills and talent development, offering training and educational services across a range of industries. As a key player in the education and training industry, NIIT provides solutions for individuals and organizations to enhance their skills and productivity. The company is known for its IT training and education services, which cater to various sectors, including technology, banking, financial services, and insurance. NIIT has established a strong presence in several countries, focusing on bridging the skills gap and enhancing employability through innovative training programs. Recent developments may include strategic partnerships or expansions, although specific recent events were not detailed in the provided information.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), NIIT Ltd reported a total income of ₹107.83 crores. This marks a quarter-over-quarter (QoQ) increase of 16.9%, up from ₹92.21 crores in the fourth quarter of FY25 (Q4FY25). Compared to the same quarter in the previous fiscal year (Q1FY25), where total income was ₹99.23 crores, there is a year-over-year (YoY) growth of 8.7%. The increase in revenue on both a quarterly and annual basis reflects a positive trend in the company's financial performance in terms of income generation.

Profitability

NIIT Ltd's profitability metrics for Q1FY26 reveal a noticeable decline compared to the previous quarter and the same quarter last year. The profit before tax for Q1FY26 was ₹5.00 crores, representing a significant QoQ decrease of 61.2% from ₹12.88 crores in Q4FY25. On a YoY basis, profit before tax decreased by 48.7%, down from ₹9.75 crores in Q1FY25. The profit after tax for Q1FY26 stood at ₹4.19 crores, a drop of 63.2% QoQ from ₹11.39 crores in Q4FY25 and a YoY decline of 48.9% from ₹8.20 crores in Q1FY25. Earnings per share also decreased to ₹0.30 in Q1FY26 from ₹0.80 in Q4FY25 and ₹0.60 in Q1FY25, reflecting declines of 62.5% QoQ and 50.0% YoY.

Operating Metrics

The total expenses for NIIT Ltd in Q1FY26 amounted to ₹100.90 crores, which denotes a substantial increase of 27.2% QoQ from ₹79.34 crores in Q4FY25. Compared to Q1FY25, where expenses were ₹89.47 crores, there was a YoY increase of 12.8%. This rise in expenses has contributed to the decreased profitability figures observed in the quarter. Additionally, the tax provision for Q1FY26 was ₹0.76 crores, declining by 45.7% QoQ from ₹1.40 crores in Q4FY25, and by 48.6% YoY from ₹1.48 crores in Q1FY25. These operational metrics highlight a period of increased expenditure alongside a reduced tax burden, which could be affecting the overall profitability outcomes for the company.