NIIT Limited — Board Meeting, 08-08-2025: Outcome of Board Meeting
08-08-2025 | 01:52 pm
08-08-2025 | 01:52 pm
NIIT has announced a board meeting on August 8, 2025, approving the financial results for the quarter and half-year ending June 30, 2025.
For the quarter, consolidated revenue from operations stood at Rs. 84.12 Cr. Profit after tax attributable to owners was Rs. 4.38 Cr, with Basic EPS at Rs. 0.32.
The company made two key strategic moves: acquiring 70% stake in iamneo Edutech for Rs. 60.89 Cr, and making NIIT Institute of Finance Banking and Insurance Training a wholly-owned subsidiary by acquiring the remaining shares for Rs. 6.27 Cr. These acquisitions impacted quarterly results as exceptional items.
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