NIIT Q3 results: PAT witnesses 7% YoY decline; revenue surges 15%

NIIT, a global leader in skills and talent development, on January 24, announced its financial results for the third quarter of fiscal year 2025 (Q3 FY25), ending December 31, 2024, reporting a 7% YoY decline in its profit after tax (PAT).

The company’s PAT was reported at Rs 13.4 crore for the said quarter, against Rs 14.4 crore reported in the year-ago period. However, on a quarter-on-quarter (QoQ) basis, the profit grew by 13%.

Further, the company demonstrated robust top-line growth, with net revenue reaching Rs 98.1 crore, a 15% increase compared to the Rs 85.2 crore reported in the same quarter of the previous fiscal year.


Meanwhile, NIIT’s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also showed substantial improvement, reaching Rs 9.2 crore, an 18% increase year-on-year from Rs 7.8 crore in Q3 FY24 and a whopping 344% growth QoQ.

"Despite a challenging environment, the business has responded well with consistent double digit YoY growth over the last four consecutive quarters. This has been driven by swift actions that the company took to expand its client base including GCCs, Tier II GSIs, large private sector banks and leading Indian enterprises. The hiring environment remains volatile, and the business will continue to adapt to changing circumstances,” said Vijay K Thadani, Vice Chairman & Managing Director of NIIT.

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The company reported that it achieved an all round growth across Technology, BFSI and other programs. The growth in the technology vertical was driven by advanced programs in enterprise architecture, delivery excellence, and GenAI, while the collaborations with leading private sector banks to deliver innovative training solutions aided volumes in BFSI & other programs.

NIIT share price history

Over the past year, the shares of NIIT have delivered a gain of 34.14%, while in the last six months, it has risen by 31.45%. However, in the past month, it has declined by 9.92%, and the year-to-date (YTD) performance shows a decrease of 16.36%.

Around 2 pm on Friday, NIIT shares were trading approximately 2% lower at Rs 164.10 on the BSE.

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