NIIT Limited — Updates, 24-01-2025: Press Release

NIIT Limited reported a robust performance in Q3 FY’25, with net revenue reaching ₹981 million, reflecting a 15% increase year-on-year and an 8% rise quarter-on-quarter. EBITDA surged to ₹92 million, up significantly from ₹21 million last quarter, and profit after tax (PAT) rose 13% QoQ to ₹134 million, underscoring the company's financial health amidst a challenging environment.

Strategically, NIIT's growth was driven by its Technology vertical, bolstered by collaborations with major private sector banks and advancements in generative AI and enterprise programs. Notable initiatives include StackRoute's successful BAL&NCE events aimed at talent development in the GenAI era and new partnerships focused on Data Science and AI training.

Investors should view these developments positively, as consistent double-digit growth sets a strong foundation for NIIT's future, particularly in an evolving digital skills landscape. The company is well-positioned to capitalize on rising demands in technology and skilling, enhancing its market competitiveness.