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© Copyright 2012

NIIT Technologies declares Consolidated Annual and Quarter Results

NIIT Technologies is a leading IT solutions organization, servicing customers in North America, Europe, Asia and Australia. It offers services in Application Development and Maintenance, Enterprise Solutions including Managed Services and Business Process Outsourcing to organizations in the Financial Services, Travel & Transportation, Retail and Distribution, and Government sectors. NIIT Technologies follows global standards of development, which includes ISO 9001:2000 certification, assessment at Level 5 of both SEI-CMMi version 1.2 and ISO 27001 information security management certification. Its data centre operations are assessed at the international ISO 20000 IT management standards.

Consolidated Quarter Results (January-March 2010)

• Consolidated Revenues at Rs. 239.2 Crores, up 4% QoQ
• Operating Profits at Rs. 52.9 Crores, up 4% QoQ
• Operating Margin at 22%, increase of 7 bps QoQ
• Profit After Tax at Rs. 41.3 Crores up 17% QoQ
• Fresh order intake of USD 124 Mn

Consolidated Annual Results FY 2009-10

• 10% improvement in net profits with PAT at Rs 126.4 Crores
• Revenues declined by 7% to 913.7 Crores
• Operating Profits improved by 7% to Rs. 188.8 Crores
• Operating margins for the full year stood at 21% an increase of 266 bps over previous year

http://www.niit-tech.com/media-detail.aspx?id=177&path=7/22

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Posted by Guru's Pick on Thursday, July 01, 2010 12:46 AM
     
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