NIIT Technologies has posted a marginal 0.8 per cent increase in consolidated net profit to Rs 41.2 crore for the quarter ended June 30, 2011.
The company had reported a net profit of Rs 40.8 crore for Q1 (April-June) of the 2010-11 financial year.
Total revenues were up 12.8 per cent to Rs 328.8 crore from to Rs 291.4 crore.
“Growth during the quarter was a result of significant expansion in business from international geographies, which grew sequentially by 10 per cent,” NIIT Technologies CEO, Mr Arvind Thakur, said.
During Q1 of fiscal 2011-12, the company made a net addition of 459 employees, taking its total headcount to 6,265. NIIT Technologies said the net addition of employees during the quarter is the highest that the company has ever made in any quarter.