NIIT Limited Reports 16% Revenue Growth in Q2, Driven by Strong Order Intake
NIIT Limited's Q2 results show robust growth with revenue reaching INR 1,049.00 million, up 16% YoY and 25% QoQ. Order intake grew to INR 1,454.00 million, increasing 14% YoY. EBITDA turned positive at INR 13.00 million. The company saw growth across segments, with Technology Programs leading at 31% YoY growth. NIIT announced plans to merge subsidiaries RPS Consulting and IFBI. Despite market challenges, NIIT maintains its full-year revenue growth guidance at 15-20% YoY.

*this image is generated using AI for illustrative purposes only.
NIIT Limited , a global skills and talent development company, has reported a robust performance for the second quarter, with significant growth in revenue and order intake despite a volatile market environment.
Financial Highlights
- Revenue for Q2 stood at INR 1,049.00 million, up 16% year-on-year (YoY) and 25% quarter-on-quarter (QoQ).
- Order intake reached INR 1,454.00 million, growing 14% YoY and 37% QoQ.
- EBITDA turned marginally positive at INR 13.00 million, compared to negative INR 63.00 million in the previous quarter.
- Profit after tax for the quarter was INR 14.00 million, resulting in an earnings per share (EPS) of INR 0.10.
Business Performance
NIIT's performance was marked by strong growth across its business segments:
| Segment | Revenue (INR million) | YoY Growth | QoQ Growth |
|---|---|---|---|
| Enterprise | 703.00 | 10% | 22% |
| Consumer | 347.00 | 29% | 30% |
| Technology Programs | 761.00 | 31% | 30% |
| BFSI and Others | 288.00 | -12% | 14% |
The company's organic revenue growth, excluding the recently acquired iamneo, was 3.5% YoY and 19% QoQ.
Strategic Developments
NIIT has announced a scheme to merge its subsidiaries, RPS Consulting and IFBI, into the parent company. This move aims to simplify operations and enhance organizational agility.
The company's first full quarter of consolidation with iamneo, an AI-powered deep-skilling SaaS platform, has shown promising results. iamneo is expected to catalyze growth, open higher education channels, and enhance NIIT's AI-first deep-skilling SaaS offerings.
Market Outlook and Guidance
Despite a challenging environment with mixed hiring trends across Tech and BFSI sectors, NIIT has maintained its growth trajectory. The company has provided the following guidance:
- Q3 revenue growth expected at 15-18% YoY
- Q3 margins projected to be in low single digits
- Full-year revenue growth guidance maintained at 15-20% YoY
Management Commentary
Vijay Thadani, Managing Director and Vice Chairman of NIIT Limited, stated, "We have stayed the course on our planned acceleration in investment across platform, product, people, partnership, and brand to position NIIT for durable growth. Our order intake has strengthened for the second consecutive year, and we are seeing sustained consumption in the tech segment, as well as demand from India enterprises."
Pankaj Jathar, CEO of NIIT Limited, added, "We are building capabilities in emerging areas such as EV and cybersecurity. Our focus on AI-powered learning solutions and strategic partnerships continues to drive our growth in both enterprise and consumer segments."
NIIT Limited remains committed to its strategic objectives, leveraging its strong brand, differentiated deep-skilling methodology, and AI-powered platform to capitalize on the substantial long-term opportunities in the skills and talent development market.
Historical Stock Returns for NIIT
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.75% | -2.07% | -3.72% | -23.58% | -35.05% | +241.56% |








































