NIIT Acquisition

Earnings Call

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.

Other Announcement

NIIT Other Announcement

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.

Earnings Call

NIIT Investor Presentation: Key Takeaways

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.

Results Update

NIIT Results Update

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.

Financial Results

NIIT Q2 FY27 Results: Net Loss of ₹1.8 Cr

NIIT Ltd reported revenue from operations of ₹98.2 Cr (-6.4% YoY) and a net loss of ₹1.8 Cr for Q2 FY27.

Key figure

Net loss ₹1.8 Cr

Board Meeting Date

NIIT Board Meeting Date

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.

AcquisitionGP Petroleums Ltd GULFPETRO

GP Petroleums Acquisition Worth ₹44.27 Cr

GP Petroleums signed a share purchase agreement for a 22.45% stake in Incubit Pipavav Terminal, up to Rs.44.27 Crore. Payment is spread over one year in tranches.

Value

₹44.27 Cr

Execution

One year, payable in one or more tranches

AcquisitionCupid Ltd CUPID

Cupid Acquisition Worth ₹137.9 Cr

Cupid Limited will acquire Baazar Style Retail Ltd for Rs. 137.87 Crore in cash, paid on exercise of warrant conversion into equity shares. The deal gives Cupid a retail channel to scale its FMCG portfolio.

Value

₹137.9 Cr

Execution

As per timelines under SEBI (ICDR) Regulations, 2018

AcquisitionEIH Associated Hotels Ltd EIHAHOTELS

EIH Associated Hotels Acquisition Worth ₹0.46 Cr

EIH Associated Hotels will invest up to 26% in solar SPV Avaada Indsolar for up to Rs 0.46 crore. It secures renewable power for its hotels.

Value

₹0.46 Cr

Execution

Completion by March 2027

solar capacity

1.0 MWac

AcquisitionAlivus Life Sciences Ltd ALIVUS

Alivus Life Sciences Acquisition

Alivus Life Sciences signed a Shareholders' Agreement with IQGEN-X Pharma and its continuing shareholders. It governs inter se rights after the company's 76% IQGEN-X stake purchase.

AcquisitionWarren Tea Ltd WARRENTEA

Warren Tea Acquisition

Warren Tea Limited disclosed that NCLT Kolkata sanctioned its amalgamation with Maple Hotels & Resorts Limited on 5 November 2026. The scheme takes effect once the certified order is filed with the Registrar of Companies.

AcquisitionMatrimony.com Ltd MATRIMONY

Matrimony.com Acquisition Worth ₹8 Cr

Matrimony.com will acquire 50% additional control of Astro-Vision Futuretech for Rs 8 Crore cash. The deal, tranched over three months, raises its stake to about 76%.

Value

₹8.00 Cr

Execution

3 months