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NIIT Ltd

By Amrita Bhatia , 1 February 2026
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NIIT Reports Sharp Q3 Profit Decline Despite Modest Revenue Growth

NIIT posted a steep decline in profitability for the third quarter, with profit after tax falling 70.5 percent year-on-year, even as revenue edged up by 3.3 percent. The contrasting performance highlights margin pressure driven by higher costs, investments in growth initiatives, and a challenging demand environment. While the topline expansion reflects steady traction in select learning and corporate training segments, profitability was weighed down by operating expenses and transitional factors.

Tags

  • IT
  • Education
  • Company Results
By Amrita Bhatia , 8 July 2025
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NIIT Appoints Harsh Kundra as Head of Technology to Accelerate Digital Learning Transformation

NIIT Ltd, a global leader in skills and talent development, has announced the appointment of Harsh Kundra as Head of Technology for its digital division, NIIT Digital. Kundra, with over a decade of expertise in product engineering, digital transformation, and enterprise architecture, brings a wealth of experience from leadership roles at prominent organizations such as LEAD School, Jabong, Meritnation, and Hindustan Times. His appointment is expected to bolster NIIT’s strategic vision of advancing outcome-driven learning solutions tailored for the evolving future of work.

Tags

  • Education
  • Company News
By Kirti Srinivasan , 22 April 2025
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NIIT Ltd Moves to Fully Acquire IFBI, Strengthening Position in Financial Services Education

In a strategic consolidation effort, NIIT Ltd has initiated a move to acquire complete ownership of its subsidiary, NIIT Institute of Finance Banking and Insurance Training Ltd (IFBI). The decision, approved by the company’s board, involves the purchase of 19.5 lakh equity shares currently held by ICICI Bank and individual shareholders. The acquisition, valued between Rs. 4.7 crore and Rs. 6.5 crore, is slated for completion by September 30, 2025.

Tags

  • Education
  • Finance
By Vinod Pathak , 19 April 2025
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NIIT Deepens EdTech Capabilities with Majority Stake Acquisition in iamneo for Rs 61.3 Crore

In a move aimed at bolstering its technological training portfolio, NIIT Ltd. has acquired a 70% equity stake in iamneo, a cutting-edge skilling and digital learning solutions provider. The acquisition, valued at approximately Rs 61.3 crore, aligns with NIIT’s strategic expansion into AI-powered, scalable training solutions tailored for next-generation tech talent. The transaction includes a Rs 10 crore primary investment and sets the stage for full ownership, contingent on future performance milestones.

Tags

  • Technology Sector
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