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NIIT Tech Declares 85% Dividend For FY13

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

NIIT Technologies Ltd. said its board had recommended a dividend of 85 percent or Rs.8.50 per equity share of Rs.10 each for the fiscal year 2013.

For the fiscal year, the company reported a stand-alone net profit of Rs.167.86 crore, up by 48 percent from the Rs.113.12 crore in 2012. Net income from operations totaled Rs.1,108.30 crore, higher by 34 percent than the Rs.827.46 crore a year-ago.

On a consolidated basis, its fiscal year net profit attributable to the group stood at Rs.213.21 crore, up by eight percent from the Rs.197.24 crore a year ago. Net income from operations was Rs.2,021.36 crore, compared with Rs.1,576.48 crore last year, an increase of 28 percent.

At the BSE, NIIT Technologies closed Friday's trading at Rs.260.70, up 0.06 percent from the previous close.

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