NIIT Technologies Q1 FY'16 PAT up 35.5%
Operating Profits grew 34.5% over same period last year to 104.2 Crores and Profit after Tax expanded 35.5% to 58.5 Crores.
“The quarter witnessed robust 8.9% sequential growth in international geographies which helped maintain operating margins at 16.3% despite wage hikes” said Arvind Thakur, CEO and Joint MD, NIIT Technologies Ltd.
Business in the US grew 7.7% sequentially contributing to 45% of overall revenues during the quarter. EMEA grew by 4.7% contributing to 35% of the mix, and the revenue share from APAC and India stood at 20%, the company said.
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