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NIIT Learning Systems Ltd consolidated Q3 FY2023-24 net profit higher at Rs. 56.75 crores



Posted On : 2024-01-31 23:41:06( TIMEZONE : IST )

NIIT Learning Systems Ltd consolidated Q3 FY2023-24 net profit higher at Rs. 56.75 crores

NIIT Learning Systems Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 398.547 crores during the period ended December 31, 2023 as compared to Rs. 389.336 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 56.752 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 46.881 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 4.04 for the period ended December 31, 2023 as compared to Rs. 3.34 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 398.547 crs ₹389.336 crs Up Tick / Down Tick2.37%
Net Profit ₹56.752 crs ₹46.881 crs Up Tick / Down Tick21.06%
EPS ₹4.04 ₹3.34 Up Tick / Down Tick20.96%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 398.547 crores during the period ended December 31, 2023 as compared to Rs.366.736 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.56.752 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.46.038 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.4.04 for the period ended December 31, 2023 as compared to Rs.3.36 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 398.547 crs ₹366.736 crs Up Tick / Down Tick8.67%
Net Profit ₹56.752 crs ₹46.038 crs Up Tick / Down Tick23.27%
EPS ₹4.04 ₹3.36 Up Tick / Down Tick20.24%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1177.604 crores during the 9 Months period ended December 31, 2023 as compared to Rs.987.678 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.158.805 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.138.302 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.11.34 for the 9 Months period ended December 31, 2023 as compared to Rs.10.04 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹1177.604 crs ₹987.678 crs Up Tick / Down Tick19.23%
Net Profit ₹158.805 crs ₹138.302 crs Up Tick / Down Tick14.82%
EPS ₹11.34 ₹10.04 Up Tick / Down Tick12.95%

Shares of NIIT Learning Systems Limited was last trading in BSE at Rs. 472.20 as compared to the previous close of Rs. 420.90. The total number of shares traded during the day was 69150 in over 3552 trades.

The stock hit an intraday high of Rs. 481.00 and intraday low of 420.75. The net turnover during the day was Rs. 31658897.00.

Source : Equity Bulls

Keywords

NIITLearningSystems Q3FY24 9MFY24 ResultUpdate