Delivers Significant Acceleration of NIIT’s Revenue Growth & EBITDA
Charts Clear Path to Leadership role in the Digital Learning World
- Records Revenue at Rs. 260.4 Cr, up 12% YoY, delivering double-digit growth after 16 quarters
- EBITDA grows 36% YoY to Rs. 22.2 Cr in Q1 FY 16-17, a substantial increase from Rs. 16.4 Cr EBITDA in Q1 FY15-16
- Corporate Learning Group delivers 19% YoY revenue growth, while profitability remains steady at 12%
- Skills & Careers Group accelerates revenue to 7% YoY and EBITDA% to 4% with a 487 bps rise over Q1 FY15-16
- NIIT bagged ASSOCHAM National Brand Summit & Excellence Awards 2016 as the 'Best Innovation Brand' in the Education sector. NIIT has received the coveted award for company's continuous quest to offer path breaking industry-aligned education and training programs
- NIIT was awarded 2016 CLO LearningElite Gold Award. The annual ranking, lists the organizations that outperform the benchmark standard for implementation of learning and development (L&D) best practices for their workforces.
- During the quarter, NIIT has been selected as a 2016 Top 20 Training Outsourcing Company for the ninth year by TrainingIndustry.com.
- NIIT announced that it has been selected as a 2016 Top 20 Content Development Company for the sixth consecutive year by TrainingIndustry.com
- Department of Information Technology, Government of Meghalaya in association with NIIT felicitated students from across Meghalaya who successfully cleared NIIT's cutting-edge certification programs as part of 'Sponsored IT program of Department of Information Technology, Government of Meghalaya', over the last one year.
- The 17th National Scholarship in Nigeria was announced during Q1. For the first time scholarships were offered in futuristic cutting-edge programs in Digital Transformation under digiNxt series.
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