ALPHA TRIBE

Biocon LimitedOthers, 09-08-2025: Copy of Newspaper Publication

09-08-2025 | 02:37 pm

NIIT Limited reported Q1 consolidated total income from operations at Rs 84.12 Cr and a net profit after tax of Rs 4.19 Cr. Consolidated basic EPS stood at Rs 0.32. The company also announced a strategic acquisition of 70% equity in Tamneo Edutech for Rs 60.89 Cr, which includes a primary investment of Rs 10.00 Cr. This acquisition impacts the comparability of current results with previous periods, as it integrates Tamneo's performance from mid-April. The remaining 30% will be acquired over the next five years, signaling growth plans in the edutech sector for the company's future operations.

No comments yet. Be the first to comment!

All announcements from Biocon Limited