NIIT Limited — Board Meeting, 13-05-2025: Outcome of Board Meeting

NIIT Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. Consolidated revenue rose 18% YoY to Rs 357.58 Cr, with profit after tax up 24% at Rs 49.51 Cr. The company declared a final dividend of Rs 1 per share. Strategically, NIIT acquired a 70% stake in iamneo Edutech for Rs 61.3 Cr, now its subsidiary, and moved to fully own NIIT Institute of Finance Banking and Insurance Training Ltd by buying out ICICI Bank and others. Margins improved despite these investments, reflecting solid operational strength.