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NIIT Technologies reports strong Q1 2010 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.

Financial Hihglights

•Consolidated Revenues at Rs. 291.4 Crore, up 21.8% QoQ
•Operating Profits at Rs. 54.1 Crores, up 37.3% YoY
•Operating Margin at 18.6%, increase of 51 bps YoY
•Profit After Tax at Rs. 40.8 Crores up 131.6% YoY

http://www.niit-tech.com/media-detail.aspx?id=188&path=7/22
 

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Posted by Guru's Pick on Sunday, September 26, 2010 8:51 AM
     
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