NIIT Learning Systems Limited — Investor Meet, 28-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

NIIT Learning Systems Limited reported a revenue of INR 3,974 million for Q2 FY '25, growing 4% year-on-year but declining 2% quarter-on-quarter. EBITDA was INR 936 million, with a 24% margin. The company expects 7% growth for the year, down from previous guidance of 12-14%, citing lower customer spending and challenges in management consulting and professional services. Despite current pressures, they anticipate stronger performance in FY '26 driven by ongoing customer additions and a solid deal pipeline.