Margin stress eclipses NIIT’s top-line growth as quarterly profit plunges

For Q2, NIIT Ltd reported net profit of ₹1.37 crore, down 88 percent year on year, while revenue rose 15.6 percent to ₹197 crore. Restructuring charges, softer enterprise training demand, and a slower ramp in new programs compressed margins despite healthy pipeline commentary. Management expects stabilization as cost actions flow through and digital skills contracts scale. Street projections now hinge on conversion of pending proposals over the next two quarters and tighter expense control to restore double-digit operating margins.