NIIT Learning Systems Limited (NIIT MTS) announced its Q3 FY25 results, reporting steady growth amid challenging market conditions. The company recorded a 7% YoY increase in revenue, reaching ₹418.9 crore, and an 8% QoQ rise in profit after tax (PAT) to ₹61.7 crore. EBITDA stood at ₹94.6 crore, with a margin of 23%.
Key Highlights:
- New Clients Added: Two major global Managed Training Services (MTS) clients, including a top 10 US bank and a global automotive firm, were onboarded, bringing the client tally to 92.
- Revenue Visibility: Stood at USD 391 million at the quarter’s end.
- Awards: Won 39 Brandon Hall Group “Excellence in Technology” awards and featured in Training Industry Inc.’s “Top 20 IT and Technical Training Companies” list for the 15th consecutive year.
Management Commentary:
- Vijay K. Thadani, Co-founder and Vice Chairman, highlighted the strong value proposition of NIIT MTS and its focus on AI-driven learning solutions, improving client wallet share and acquisitions.
- Sapnesh Lalla, CEO, emphasized resilience and innovation as drivers for the quarter’s growth, attributing success to AI investments and robust client relationships.
NIIT’s strategic efforts underscore its commitment to innovation, client expansion, and sustained profitability.
