NIIT Q2 : CONS PAT TURNAROUND TO LOSS AT ₹2.19 CR (YOY), LOSS VS PROFIT (QOQ). WEAK (ON 1ST LOOK)

Revenue down 6.4% at ₹98.22 Cr (YOY), up 2.7% (QOQ). PBT before exceptional items loss ₹0.79 Cr v profit ₹4.90 Cr (YOY), profit ₹8.52 Cr (QOQ). Total PAT loss ₹1.84 Cr v profit ₹0.65 Cr (YOY), profit ₹7.52 Cr (QOQ). Exceptional items net ₹0.35 Cr v ₹1.52 Cr (QOQ), mainly legacy tax litigation costs.

NIIT Ltd

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