NIITMTS Q2 : CONS NET PROFIT DOWN 20.5% AT ₹37.31 CR (YOY), DOWN 35.0% (QOQ). WEAK (ON 1ST LOOK)

Revenue up 11.1% at ₹528.58 Cr (YOY), down 6.5% (QOQ). Profit before tax down 26.4% at ₹51.01 Cr (YOY), down 34.7% (QOQ). Caution: Q2 exceptional charge ₹3.36 Cr towards strategic initiatives; prior periods had acquisition costs.

NIIT Learning Systems Ltd

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