Results - Announcements
NIIT Ltd share price inched up 1.76% to Rs 74.78 after the company's net profit tanked by 124.47% to Rs 1.84 crore, while revenue from operations slightly gained 2.69% to Rs 98.22 crore in Q3FY26 over Q2FY26.
The market capitalization of Education industry group stocks on BSE stood at Rs 10357.15 crore, gaining 1.35%. It has eased by 7.90% over last one week and tumbled 21.64% in last one month while the market capitalization of NIIT Ltd has reduced by 11.55% and 23.57% in the same period respectively.
Profit before tax (PBT) of NIIT Ltd stood at Rs 1.23 crore in Q3 FY26, crashing by 153.71% year-on-year, and tumbling by 117.85% quarter-on-quarter. EBITDA came in at Rs 7 crore, tanking 51.39% YoY and nosediving by 72.15% sequentially.
Total expenses softened by 1.54% to Rs 107.25 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 34.83 crore, contracting 8.73% YoY.
For the TTM ended FY26, revenue from operations tick up 9.11% to Rs 390.17 crore, while net profit plunged by 87.60% to Rs 6.14 crore, compared to previous TTM. EBITDA saw a sharp decline of 7215% to Rs 79.92 crore, and PBT collapsed by 79.22% to Rs 12.24 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 12.42 crore in FY26, as against Rs 29.3 crore in FY25.
NIIT Ltd nosedived by 29.42% in last one year, underperforming the benchmark BSE Sensex which has reduced by 13.18% during the same period.