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NEWSROOM | PRESS RELEASE | NIIT TECHNOLOGIES Q3 FY’20 REVENUE UP 16% YONY, PAT UP 34% YONY

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

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

For media queries please contact:

Santanu Bhattacharya
PR & Communications, Coforge
Coforge Ltd.
Santanu.B@coforge.com

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Coforge is an AI-native engineering services leader, where AI is the very foundation of how we design, build, and deliver intelligent solutions for our clients. We use AI and hyperspecialized industry expertise to engineer autonomous enterprises. We combine AI agents with our AI-enabled workforce, including specialized FDEs in hybrid pod-based delivery units. With a deep focus on trusted AI, our solutions are secure, governed, and enterprise-grade. We are outcome-led by design. Moving beyond AI experimentation, we deliver measurable business outcomes – lower operating costs, faster cycle times, higher conversion rates, and sustained margin growth.