Niit Technologies Limited Reports Earnings Results for the Third Quarter Ended December 31, 2018
January 18, 2019 at 08:48 am
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NIIT Technologies Limited announced earnings results for the third quarter ended December 31, 2018. For the third quarter, the company announced total revenue was INR 9,733 million compared to INR 7,633 million a year ago. Net income was INR 1,002 million compared to INR 756 million a year ago. Basic earnings per share was INR 16.27 compared to INR 12.31 a year ago. Diluted earnings per share was INR 16.09 compared to INR 12.23 a year ago. For the nine months, total revenue was INR 27,502 million compared to INR 22,269 million a year ago. Net income was INR 2,978 million compared to INR 1,941 million a year ago. Basic earnings per share was INR 48.4 compared to INR 31.61 a year ago. Diluted earnings per share was INR 47.82 compared to INR 31.45 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.