NIIT Technologies Limited Announces Unaudited Standalone Financial Results for the Third Quarter and Nine Months Ended December 31, 2012
January 15, 2013 at 04:01 am EST
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NIIT Technologies Limited announced unaudited standalone financial results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported income from operations of INR 2,865.5 million compared to INR 2,183.7 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 574.1 million compared to INR 378.5 million for the same period a year ago. Profit from ordinary activities before tax was INR 706.2 million against INR 549.1 million for the same period a year ago.Net profit for the period was INR 492.6 million compared to INR 376.2 million for the same period a year ago. Diluted EPS was INR 8.09 compared to INR 6.26 for the same period a year ago.
For the nine months, the company reported income from operations of INR 7,866.3 million compared to INR 5,854.4 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,328.5 million compared to INR 906.8 million for the same period a year ago. Profit from ordinary activities before tax was INR 1,678.5 million against INR 1,225.6 million for the same period a year ago. Net profit for the period was INR 1,215.7 million compared to INR 829.5 million for the same period a year ago. Diluted EPS was INR 20.02 compared to INR 13.79 for the same period a year ago.
Coforge Limited is an India-based information technology (IT) solution company. It is engaged in the in-application development and maintenance, managed services, cloud computing and business process outsourcing. The Company provides computer programming consultancy and related activities. Its geographical segments include Americas, Europe, Middle East, and Africa (EMEA), Asia Pacific (APAC), and India. It offers various services, such as Artificial Intelligence, Digital, Data and Analytics, Digital Process Automation, Salesforce Ecosystem, Cloud and Infrastructure Management Services, Cybersecurity Services, Business Process Solutions, Quality Engineering Services, Systems, Applications & Products in Data Processing (SAP) Services, and Metaverse. Its salesforce ecosystem includes Salesforce, and Mulesoft. Its digital process automation includes Appian, Pega, Mendix, and OutSystems. Its cloud and infrastructure management services include Cloud Services, Anyplace Workplace, and others.