NIIT Earnings Call Transcript: Key Takeaways
Revenue fell 6% YoY due to sharp spending pullbacks by Global System Integrator (GSI) clients, masking 17% growth in the banking segment.
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Revenue fell 6% YoY due to sharp spending pullbacks by Global System Integrator (GSI) clients, masking 17% growth in the banking segment.
NIIT's board recommended Price Waterhouse as statutory auditor for five years from the 2027 AGM. Shareholder approval is pending; the incumbent continues until then.
Q2 FY27 revenue INR 982 Mn, down 6% YoY, up 3% QoQ. EBITDA INR 27 Mn; PAT loss INR 22 Mn. AI revenue 12.4% of total.
NIIT Limited released its Q2 FY27 results press release, reporting revenue growth and EBITDA doubling year-on-year. AI offerings reached 12.4% of revenue, and a new CEO was appointed.
NIIT Ltd reported revenue from operations of ₹98.2 Cr (-6.4% YoY) and a net loss of ₹1.8 Cr for Q2 FY27.
NIIT Limited scheduled a board meeting for October 27, 2026, to consider and approve its unaudited standalone and consolidated financial results for the quarter ended September 30, 2026.
The Income Tax Department has filed an appeal against NIIT Ltd before the ITAT regarding tax disallowances for AY 2018-19. The potential tax effect is estimated at ₹1.72 Crore.
NIIT Limited's CEO Pankaj Prabhakar Jathar resigned effective October 14, 2026. Anish Kumar Sarkar has been appointed as the new CEO effective the same date.
NIIT Ltd filed its quarterly shareholding pattern for the quarter ended September 30, 2026, as required by Regulation 31 of SEBI LODR.
NIIT Limited has elevated Dr. Vishnupriya Raghavan to Senior Vice President and Business Head of Technology Learning Solutions. She will lead initiatives in AI-led workforce transformation and digital fluency.
NIIT and SPJIMR launched a Professional Certificate in FinTech Operations for BFSI professionals. The 164-hour hybrid program covers digital finance, AI tools, and regulatory frameworks.
NIIT Limited held its 43rd Annual General Meeting on September 9, 2026. Business items included financial statements, dividend declaration, and director appointments.
NIIT Ltd's promoter trusts (Pawar Family Trust and Thadani Family Trust) purchased shares, while a designated person sold shares via open market transactions.
Pawar Family Trust and Thadani Family Trust acquired shares of NIIT Ltd from the open market, increasing their combined promoter stake by 0.34% for ₹4.93 Crore.
Pawar Family Trust and Thadani Family Trust, part of the promoter group, acquired shares from the open market. This increases promoter stake by a total 0.08%.
NIIT Limited launched five new professional programs in Artificial Intelligence through NIIT Digital. These industry-aligned courses cover AI Engineering, Full-Stack Development, Data Analytics, and Digital Marketing.
NIIT Ltd has announced the resignation of Mr. Harsh Kundra, Senior Vice President - Technology, effective from close of business hours on August 26, 2026.
NIIT Limited allotted 1,51,641 equity shares on August 18, 2026, under its ESOP-2005 plan. The company is seeking listing and trading approvals for these new shares.
NIIT Limited has released its Business Responsibility and Sustainability Report for the financial year 2025-26, detailing its environmental, social, and governance disclosures.
NIIT Limited will hold its 43rd Annual General Meeting on September 9, 2026. The company fixed August 20, 2026, as the record date for a Rs. 1 dividend.
NIIT Limited has granted 1,064,000 stock options to eligible employees under its ESOP 2005 plan. This is a standard ESOP grant intimation.
Mr. Udai Singh has completed his tenure as a Senior Management Personnel of NIIT Limited, effective from the close of business hours on July 31, 2026.
NIIT Ltd has submitted its quarterly shareholding pattern for the period ended June 30, 2026. The filing is in compliance with standard SEBI regulatory requirements.
NIIT Limited has allotted 1,88,340 equity shares to employees under its ESOP-2005 plan. This routine issuance increases the total paid-up capital of the company.
NIIT is pivoting toward high-margin AI-led training and BFSI diversification to counter sluggish IT fresher hiring. Management maintains an optimistic stance despite high investment-cycle costs and volatile tech hiring environments.
NIIT Ltd reported Q1 FY27 Revenue of INR 957 Mn, up 14% YoY, driven by Technology programs and Consumer GTM. PAT grew 85% YoY to INR 81 Mn.
NIIT Limited announced its Q1 FY2027 financial results. Net revenue for the quarter was Rs. 957 million, and profit after tax was Rs. 81 million.
NIIT Ltd reported revenue from operations of ₹95.7 Cr (+13.8% YoY) and net profit of ₹7.5 Cr (+78.6% YoY) for Q1 FY27.
NIIT Ltd notified a board meeting on July 21, 2026 to approve its unaudited Q2‑2026 financial results. The meeting details are filed with BSE.
NIIT Limited integrated StackRoute and RPS Consulting to launch its Enterprise Tech offering, delivering AI, cloud and cybersecurity skilling at scale. The service targets enterprise workforce transformation.