NIIT Technologies Q3 FY’20 Revenue up 16% YonY, PAT up 34% YonY

Order intake during the quarter increases to US$ 218 mn
Board recommends second interim dividend of Rs 10 per share

Gurugram, January 29th 2020, Wednesday: NIIT Technologies Limited  (NSE: NIIT Technologies), a leading global IT solutions organization, today announced its financial results for Q3 FY2019-20. The Company has reported consolidated revenue of Rs 1073.4 crore and net profit of Rs 123.3 crore for Q3 FY’20.

Q3 Highlights:

• Revenues grew 16.1% YonY and 3.4% QonQ
• Profit after taxes were up 33.8% YonY and 3.2% QonQ
• Order intake of US$ 218 mn, marking the 11th consecutive quarter of sequential increase in order intake
• The Board recommends an interim dividend of Rs 10 per share, the second during the current financial year. The record date for this payout will be February 10, 2020.