Q2 2026 NIIT Ltd Earnings Call Transcript
Key Points
- NIIT Ltd (BOM:500304) reported a 14% year-on-year increase in order intake, reaching INR 1,454 million.
- Revenue for Q2 was INR 1,049 million, marking a 16% year-on-year growth.
- The company has made strategic investments in AI platforms, products, and brands, which are expected to enhance competitive advantage.
- NIIT Ltd (BOM:500304) successfully integrated its recent acquisition, IMU, which contributed positively to the quarter's performance.
- The company is seeing increased demand from Indian enterprises, particularly in the automotive and BFSI sectors, contributing to revenue growth.
- The operating environment remains volatile with weak hiring trends and elongated client decision-making processes.
- There were market losses on fixed-income investments due to interest rate volatility, impacting net other income.
- Profit after tax for the quarter was relatively low at INR 40 million, resulting in an EPS of 0.5.
- The company is still in an investment phase, which is expected to keep Q3 margins in the low single digits.
- There is a noted decline in enterprise revenue from certain segments, such as a 12% year-on-year decrease in one of the product lines.
Ladies and gentlemen, good day and welcome to NIIT Limited Q2 and FY26 earnings conference call. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Vijay Thadani, Vice Chairman and Joint Managing Director. Thank you, and over to you, sir.
Thank you. Good afternoon. Good afternoon, everyone, and welcome to NIT Limited, quarter 2 FY26 earnings call. I know it's a busy time of the year and companies that you are carrying and for you to have decided to do your right to ask to listen to us we really appreciate that.
And I will therefore no straightly get into the meat of the call we have. The main agenda point is to talk about the quarterly performance and the key development. The second is also to about certain specific structuring actions that have been taken or reorganization actions that have been initiated during the quarter, and we will be talking about that.
I have with me, Mr. Jathar,
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