NIIT Learning Systems Limited — Board Meeting, 06-08-2025: Outcome of Board Meeting
06-08-2025 | 01:21 pm
06-08-2025 | 01:21 pm
NIIT Learning Systems' board approved its consolidated financial results for the quarter ended June 30, 2025. Revenue from operations was ₹451.35 Cr, with a net profit of ₹49.30 Cr. A significant strategic update is the acquisition of MST Group by the company's overseas subsidiary for €22.37 million, completed early July. This acquisition, aimed at expanding global reach, led to ₹6.28 Cr in related expenses being recognized as an exceptional item this quarter. Investors should note this strategic growth initiative.
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