NIIT Expects Corporate Business To Pick Up From Q2 Onwards
  • WebDesk BTVI
  • Aug 13 2019

Skills and talent development company NIIT has posted a consolidated net profit of Rs 1,090.4 crore for the June quarter, on one-time income on account of divestment of NIIT's shareholding in NIIT Technologies. The company's board has also approved a buyback programme of up to Rs 335 crore. Sapnesh Lalla, CEO at NIIT, said the company acquired five new customers and will continue to accelerate customer acquisition. Lalla expects corporate business to pick up from Q2 onwards. Here's more.