NIIT Learning Systems Limited — Updates, 22-01-2025: Press Release

**NIIT Learning Systems Limited** reported a solid performance for Q3 FY’25, with consolidated net revenue reaching Rs. 418.9 Cr, reflecting a 5% quarter-on-quarter increase and a 7% year-on-year rise. The EBITDA stood at Rs. 94.6 Cr, yielding an EBITDA margin of 23%. Profit After Tax was Rs. 61.7 Cr, an 8% increase from the previous quarter and a 9% jump from the same period last year.

During the quarter, NIIT MTS added two significant clients, including a top U.S. bank and a global automotive firm, bringing the total client count to 92 and boosting revenue visibility to USD 391 million. The company maintained a 100% renewal rate on contracts and showcased its innovative capabilities by winning 39 Brandon Hall Group Excellence in Technology Awards.

Management emphasized the value of NIIT MTS's offerings in a challenging economic environment, indicating a positive outlook driven by strong client relationships and advancements in AI technology.