NIIT Technologies 2009-2010 Q1 Operating Profit Down By 13.5%  Arvind Thakur |
NIIT Technologies has reported a dip of 13.5% in its operating profit to Rs.39.4 crore for the Q1 of 2009-10 when compared to Rs.45.6 crore in the same period last fiscal.
The company's consolidated revenues have also decreased by 11% to Rs.218.2 crore from Rs.245.8 crore.
"Traditionally the first quarter of the year has always been a smaller quarter where revenues decline sequentially due to lower domestic business primarily with the government," said Arvind Thakur, chief executive of NIIT Technologies.
