| Contact Details |
| Corporate Office: | N I I T. 85, Sector 32 Institutional Gurgaon, HY, 122001 Phone : +91-124-4293000 Fax : +91-124-4293333
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| News |
NIIT Q1 net profit at ₹1090 crore; board approves ₹335 crore buyback Posted on 10th August 2019 |
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New Delhi: Skills and talent development company NIIT Ltd on Saturday posted a consolidated net profit of ₹1,090.4 crore for the June quarter, and said its board has approved a buyback programme of up to ₹335 crore. Net revenue declined by 2% to ₹210.3 crore during the first quarter, from ₹214.3 crore in the year-ago period. Read More |
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NIIT Ltd Q4 net profit up 18 pc to Rs 23 crore Posted on 25th May 2019 |
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New Delhi: NIIT Ltd on Saturday said its consolidated net profit rose 18 per cent to Rs 23.2 crore in the March quarter, helped by increased productivity and turnaround in its skills and careers (SNC) business. The skill development and talent development firm had posted a net profit of Rs 19.7 crore in the year-ago period. Read More |
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Hulst BV acquires additional 98,100 shares in NIIT Technologies Posted on 23rd May 2019 |
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New Delhi: Hulst BV has acquired additional 98,100 shares of NIIT Technologies from the open market, taking its shareholding in the mid-sized Indian IT firm to 32.04 per cent, a regulatory filing said on Thursday. On Wednesday, Hulst BV had acquired 1.23 lakh shares of NIIT Technologies taking its shareholding in the company to 31.88 per cent. Read More |
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Baring Private Equity Asia acquires 30 pc stake in NIIT Technologies Posted on 18th May 2019 |
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New Delhi: Baring Private Equity Asia (BPEA) has acquired 30.50 per cent stake in mid-sized software services firm NIIT Technologies Ltd for about Rs 2,627 crore, a regulatory filing said on Saturday. Last month, funds affiliated with BPEA had signed definitive agreements to purchase 30.5 per cent stake in NIIT Technologies from NIIT Ltd and other promoter entities at Rs 1,394 per share. Read More |
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Baring PE Asia may buy NIIT at up to ₹10,000 crore valuation Posted on 17th January 2019 |
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Mumbai: Baring Private Equity Asia Ltd is likely to acquire NIIT Technologies Ltd in a deal that may value the IT solutions company at ₹8,000-10,000 crore, said two people with direct knowledge of the matter. Credit Suisse has been given the mandate by NIIT to find a suitable buyer, the people said, requesting anonymity. Read More |
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