NIIT Technologies Q1 net profit at Rs 4 crore;stock down

MUMBAI: NIIT Technologies reported net profit of Rs 41.2 crore for the quarter ended June 2011 against Rs 40.8 crore in the same period a year ago. Consolidated revenues stood at Rs 328.80 crore in June 2011 quarter against Rs 291.40 crore in the corresponding quarter last fiscal.

The stock was at Rs 200, down 3.22 per cent on the BSE. It touched a high of Rs 210.55 and low of Rs 192.75 in trade so far.