NIIT Learning Systems Limited (NIIT MTS), a global leader in managed learning services, has achieved a significant milestone by being named to Training Industry's Top 20 Experiential Learning Technologies Companies list. This marks the fifth consecutive year that NIIT MTS has received this prestigious recognition, solidifying its position as a key player in the corporate training marketplace.

Recognition Criteria

The selection for the Training Industry Top 20 Experiential Learning Technologies Companies List was based on several critical factors:

• Scope and quality of features, capabilities, and analytics
• Market presence, brand visibility, innovation, and impact
• Strength of client portfolio and customer relationships
• Business performance and growth trajectory

Innovative Learning Technologies

Training Industry highlighted that the companies on this list are at the forefront of redefining immersive and engaging learning experiences. These organizations leverage cutting-edge technologies such as:

• Augmented and virtual reality (AR/VR)
• Digital environments
• Serious games
• Advanced gamification

These technologies not only capture learner attention and improve retention but also help organizations reduce risk, manage costs, and enhance quality outcomes.

NIIT MTS's Approach to Experiential Learning

DJ Chadha, Chief Customer Officer of NIIT MTS, expressed pride in the recognition and emphasized the company's approach to experiential learning:

"At NIIT, we go beyond delivering engaging simulations, designing immersive learning that transforms learner experience, and drives measurable business outcomes. By combining award-winning instructional design methodologies with powerful technology stack, and customized digital reality roadmaps, we make immersive learning scalable, accessible, and business-aligned for our enterprise customers."

Company Performance

NIIT Learning Systems Limited, established in 1981, has demonstrated strong performance in the managed learning services sector:

• Serves clients in over 30 countries
• Boasts a Net Promoter Score of 9/10
• Maintains a 100% renewal rate

These metrics underscore the company's commitment to customer satisfaction and its ability to deliver value in talent and L&D partnerships.

Industry Impact

Jalen Banks, market research analyst at Training Industry, Inc., commented on the significance of the Top 20 list:

"This year's Top 20 Experiential Learning Technologies list highlights a group of providers that are redefining immersive and engaging learning experiences. These companies leverage tools such as augmented and virtual reality (AR/VR), digital environments, serious games and advanced gamification to not only capture learner attention and improve retention, but also to help organizations reduce risk, manage costs and enhance quality outcomes."

NIIT Learning Systems Limited's consistent presence on this list for five consecutive years demonstrates its ongoing innovation and leadership in the field of experiential learning technologies, positioning it as a trusted partner for companies seeking to transform their learning ecosystems and increase the business value and impact of learning.

NIIT Learning Systems Limited (NLSL) has reported a robust performance for the quarter ended June 30, with significant revenue growth and strategic expansion through acquisition. The company's financial results and recent developments highlight its resilience in a challenging global economic environment.

Financial Performance

NLSL reported revenue of INR 4,514.00 million, representing an 11% year-over-year growth and a 5% quarter-over-quarter increase. In constant currency terms, the growth stood at 8% year-over-year and 5% quarter-over-quarter.

The company's EBITDA reached INR 951.00 million, with a margin of 21%. While this represents a 7% year-over-year decline, it shows a strong 11% quarter-over-quarter improvement. The EBITDA margin expanded by 112 basis points compared to the previous quarter.

Strategic Acquisition

NLSL completed the acquisition of MST Group, a leading provider of managed learning services based in Munich, Germany. The acquisition, valued at EUR 22.37 million, was executed through NLSL's wholly-owned subsidiary, NIIT Ireland Limited. This strategic move is expected to strengthen NLSL's presence in the DACH region and expand its capabilities across Europe.

Key highlights of the MST Group acquisition include:

• Addition of seven new Global 1,000 clients to NLSL's portfolio
• Expansion of NLSL's managed learning services client base to over 100 globally
• Enhancement of capabilities in the automotive, industrial, and energy sectors
• Establishment of a nearshore hub in Hungary for multilingual service delivery

Business Highlights

NLSL continued to demonstrate strong customer traction during the quarter:

• Added two new MTS (Managed Training Services) customers
• Renewed three contracts, maintaining a 100% renewal track record
• Total MTS customer count reached 95 by the end of Q1

The company made significant progress in building out its AI capabilities, implementing enterprise-grade AI solutions for key clients.

Market Environment and Outlook

Despite challenging macroeconomic conditions leading to longer decision cycles and increased focus on cost optimization, NLSL remains optimistic about its growth prospects. The company provided guidance for the fiscal year:

• Organic growth expected to be 10%+ in constant currency
• Full-year EBITDA margin guidance of 20-21%
• The MST acquisition is expected to contribute an additional 3-4 percentage points to growth

Sapnesh Lalla, CEO of NIIT Learning Systems, commented on the results, stating, "Despite this challenging environment, the business delivered an 11% year-on-year growth and 5% quarter-on-quarter growth. This echoes the trust and faith that our customers put in NIIT to be able to service their critical needs."

NLSL continues to invest in new capabilities and go-to-market strategies, with a particular focus on generative AI across multiple work streams. The company aims to leverage these investments to deliver measurable learning outcomes for clients and transform how learning is delivered.

As NIIT Learning Systems navigates through the current market uncertainties, its strategic initiatives and robust performance position it well to capitalize on the evolving needs of the global learning and development market.