NIIT Limited has announced the appointment of three officials as Senior Management Persons, effective January 30, 2026. The appointments were approved by the Board of Directors at their meeting held on January 30, 2026, based on recommendations from the Nomination and Remuneration Committee, as part of organizational structure changes.

Senior Management Appointments

The company has appointed three experienced professionals to senior management positions as part of its organizational restructuring:

Leadership Profiles

Pran Kishore Koul - Commercial Services Organization Head

Pran Kishore Koul brings over 37 years of cross-functional experience across Travel & Emigration, Logistics & Supply Chain, Strategic Procurement, Facilities & Infrastructure, Projects, Contract Management, and Corporate Administration. He holds a Postgraduate degree in General Management, with professional qualifications in Tax Regulations and an MDP in Logistics Management from XLRI, Jamshedpur. Koul is also a Certified "Up Your Services" Trainer, reflecting his commitment to service excellence and capability building.

Sachin Grover - Vice President GEN AI Initiatives

Sachin Grover is a technology and learning innovation leader with over 28 years of experience in building platforms, learning & development, digital talent transformation, and enterprise trainings. Since 2015, he has been central to the inception and scale-up of StackRoute as NIIT's deep-skilling and capability development business, serving various global enterprises across engineering, cloud, data, and AI domains. He helped architect StackRoute's immersive and mastery-based learning model grounded in learning sciences, experiential pedagogy, mentorship, and outcome-based assessment.

Vijay Kumar Srinivasan - Chief Technology Officer Stackroute Labs

Vijay Kumar Srinivasan is a technology leader with over 33 years of experience across technology solutions, learning solutions, and business transformation. At NIIT, Vijay has held diverse leadership roles, including trainer, business head, instructional design head, and technology head. He played a key role in launching NIIT's first platforms, such as EncoreVista, Cloud Campus, and an online customer acquisition platform with integrated product catalog and payment gateway.

Regulatory Compliance

The appointments have been made pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company has provided detailed disclosures in compliance with SEBI master circular bearing no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 and Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The notification was signed by Arpita Bisaria Malhotra, Company Secretary & Compliance Officer, and communicated to both the National Stock Exchange of India Limited and BSE Limited on January 30, 2026.

NIIT Limited reported its Q3FY26 financial results for the quarter ended December 31, 2025, demonstrating revenue growth amid operational challenges. The education and training services company faced significant exceptional charges that impacted profitability despite maintaining business momentum.

Consolidated Financial Performance

The company's consolidated operations showed resilient top-line growth with revenue from operations reaching ₹1,013.68 million in Q3FY26, marking a 3.3% increase from ₹981.11 million in the corresponding quarter of the previous year. Total income, including other income of ₹207.38 million, stood at ₹1,221.06 million compared to ₹1,150.57 million in Q3FY25.

Impact of Exceptional Items

The quarter's profitability was significantly affected by exceptional items totaling ₹54.34 million. The largest component was a ₹46.41 million charge related to the impact of new Labour Codes notified by the Government of India on November 21, 2025. These codes consolidate twenty-nine existing labour laws and introduce uniform wage definitions, resulting in increased gratuity liability for past service costs.

Additionally, the company incurred ₹7.93 million in legal, professional, and other costs related to its ongoing scheme of amalgamation. Despite these charges, profit before exceptional items and tax reached ₹119.86 million, down from ₹173.71 million in Q3FY25.

Nine-Month Performance Overview

For the nine months ended December 31, 2025, NIIT demonstrated stronger year-to-date performance with consolidated revenue from operations of ₹2,904.30 million, representing a 7.1% increase from ₹2,712.98 million in the corresponding period last year.

The year-to-date results were impacted by exceptional items of ₹99.12 million, including the Labour Code impact, amalgamation costs, acquisition-related expenses of ₹17.40 million, and exit-related personnel costs of ₹27.38 million.

Standalone Results and Strategic Developments

On a standalone basis, NIIT reported revenue from operations of ₹303.33 million for Q3FY26, compared to ₹317.34 million in Q3FY25. The standalone entity recorded a net loss of ₹14.58 million for the quarter, primarily due to exceptional items of ₹50.53 million.

The company continues to progress with its scheme of amalgamation involving NIIT Institute of Finance Banking and Insurance Training Limited and RPS Consulting Private Limited. The scheme, approved by the Board on October 9, 2025, is pending approval from the National Company Law Tribunal, with the next hearing scheduled for March 26, 2026.

Business Expansion and Outlook

NIIT's strategic expansion includes the acquisition of 70% equity shareholding in iamneo Edutech Private Limited on April 17, 2025, for a consideration of ₹608.90 million. The acquisition strengthens the company's position in the education technology sector, with plans to acquire the remaining 30% stake over the next five years.

The company operates in a single segment of Education & Training Services, with operations evaluated as a whole by the Chief Executive Officer and Chief Financial Officer who serve as Chief Operating Decision Makers. The trading window for dealing in company securities will open for all designated persons and their immediate relatives from February 2, 2026.