NIIT Limited Reports 14% Revenue Growth and 85% Surge in Net Profit for Q1 FY27

Skills and talent development corporation NIIT Limited (NSE: NIITLTD, BSE: 500355) announced its financial results for the first quarter ended June 30, 2026 (Q1 FY27).

The company demonstrated solid top-line performance and operational efficiency gains, driven by accelerating enterprise demand for Artificial Intelligence (AI) upskilling and a strong expansion in its consumer learning division.

Consolidated Q1 FY27 Financial Highlights

(All monetary values in ₹ Million, unless otherwise specified)

Revenue from Operations: Grew 14% Y-o-Y to ₹956.53 million (reported as ₹957 million in operational metrics), compared to ₹841.17 million in Q1 FY26.

Total Income: Expanded to ₹1,176.87 million from ₹1,078.26 million in Q1 FY26, boosted by ₹220.34 million in other income.

EBITDA Improvement: Operating EBITDA narrowed to ₹(14) million, marking an improvement of ₹48 million compared to ₹(63) million in Q1 FY26.

Profit Before Tax (PBT): Swung back into profitability at ₹69.95 million from a PBT loss of ₹16.64 million in the preceding quarter (Q4 FY26) and up 39.8% Y-o-Y compared to ₹50.03 million in Q1 FY26.

Net Profit After Tax (PAT): Reported at ₹81 million (attributable PAT from continuing operations at ₹76.21 million), representing an 85% Y-o-Y surge compared to ₹44 million (₹42.43 million continuing operations) in Q1 FY26.

Basic & Diluted EPS: Stood at ₹0.59 and ₹0.58 per equity share (face value ₹2/- each), respectively, for continuing and discontinued operations combined, up from ₹0.32 in Q1 FY26.

Operational & Business Segment Performance

Revenue Breakdown by Segment & Program

Enterprise Business: Contributed 65% of total revenue, recording an 8% Y-o-Y growth.

Consumer Business: Accounting for 35% of the portfolio, the division delivered 27% Y-o-Y growth.

Technology Programs: Generated ₹680 million (representing 71% of overall revenue), up 16% Y-o-Y. Growth was spearheaded by AI learning solutions customized for Global Capability Centers (GCCs) and IT services providers in India.

BFSI & Other Programs: Contributed the remaining 29% at ₹277 million, recovering 9% Y-o-Y due to improved fresher hiring initiatives by partner banks.

AI-Led Revenue: Direct revenue generated from AI-driven and GenAI coursework accounted for 9% of total revenue.

Order Intake: Fresh order intake for the quarter stood at ₹953 million.

Expense Summary

Total expenses for Q1 FY27 reached ₹1,091.70 million, up from ₹1,008.97 million in Q1 FY26:

Employee Benefits Expense: ₹381.56 million (vs. ₹363.95 million in Q1 FY26).

Professional & Technical Outsourcing Expenses: ₹358.97 million (vs. ₹294.78 million in Q1 FY26).

Other Expenses: ₹195.95 million (vs. ₹232.76 million in Q1 FY26).

Depreciation & Amortization: ₹95.96 million.

Purchase of Stock-in-Trade: ₹63.08 million.

Finance Costs: ₹2.38 million.

Exceptional Items (Net): Recorded a net charge of ₹15.22 million.

Strategic Initiatives & Strategic Highlights

GenAI Consumer Programs: Expanded the consumer learning ecosystem by introducing six new specialized GenAI programs covering practical AI application, automation, content creation, and no-code development for professionals, marketers, and students.

World Digital Architect Conclave (WDAC) 2026: Hosted the 4th global edition of WDAC centered around "Architecting for Tomorrow's Experiences in an AI-First World," featuring 177 attendees from 57 enterprise companies.

Thought Leadership & Research: Released the India Skills Gap Report 2026 in collaboration with YouGov (surveying over 3,500 professionals, CXOs, and academics), establishing the industry shift toward skills-first hiring, continuous upskilling, and cybersecurity certifications.

Enterprise Leadership & OEM Partnerships: Launched a High-Potential Leadership Acceleration Program with a leading consumer durables firm and expanded engagements with automotive OEMs for digital sales enablement, software-defined vehicle capabilities, and product readiness.

Vijay K Thadani, Vice Chairman & Managing Director, NIIT Limited, said, "We have started FY'27 with strong growth across businesses and a significant improvement in operating performance. The integration of RPS Consulting and IFBI into NIIT further strengthens our Enterprise and Consumer portfolios and enhances our ability to address the growing demand for AI-led capability building among enterprises. This performance reflects the early benefits of our investments in products, platform and go-to-market capabilities and gives us confidence in the growth opportunities ahead."

Pankaj Jathar, CEO, NIIT Limited, said, "Over the past 12 to 18 months, we have invested in building AIfirst learning solutions for our customers. We are encouraged by the growing adoption of these solutions across customer segments. Our offerings in AI fluency, Agentic AI Development, Forward Deployed Engineering, AI-enabled DevOps, AI audit and validation, etc. are generating strong interest and gaining traction in the market."

"The pace of technological change is making continuous learning essential. NIIT remains committed to building AI-ready talent and advancing its mission as a talent builder to the nation," said Rajendra S Pawar, Chairman and Co-Founder, NIIT Group.

Shares of NIIT Limited was last trading in BSE at Rs. 98.45 as compared to the previous close of Rs. 97.35. The total number of shares traded during the day was 26673 in over 238 trades.

The stock hit an intraday high of Rs. 99.55 and intraday low of 96.05. The net turnover during the day was Rs. 2600990.00.

Source : Equity Bulls

Keywords

NIIT INE161A01038 Q1FY27 Q1FY2027 ResultUpdate