Biocon Limited — Others, 09-08-2025: Copy of Newspaper Publication
09-08-2025 | 02:37 pm
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!
