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niit ltd annual report |
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Re: niit ltd annual report
By all accounts, FY16 was a year of fair growth for NIIT Ltd. which grew across its 3 key businesses including the Corporate Learning Group, Skills & Careers Group, and School Learning Group. Company continued to strengthen its Platforms of Growth, and Liquidity, Profitability and Capital Efficiency. While its net revenues grew at 5% during FY 16, touching Rs. 10,069 million during FY 16, PAT was pegged at Rs 672 million. Its performance during the year was driven by Corporate Learning, and in particular, its rock steady, high-growth, high momentum, Managed Training Services portfolio. The business contributed Rs. 5,679 million to Company’s turnover, which accounted for 56% of revenues. FY16 was an important year for the company as it entered its second phase of business transformation—Re-energization—following the completion of the Restructuring phases in FY15. NIIT Ltd Annual Report 2015 - 2016 niit.com/authoring/Consolidated%20Results/Annual%20Report15-16.pdf |
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