NIIT Ltd share price gained 1.42% to Rs 75.84 after the company's net profit plunged by 124.47% to Rs 1.84 crore, while revenue from operations slightly gained 2.69% to Rs 98.22 crore in Q3FY26 over Q2FY26.
The market capitalization of Education industry group stocks on BSE stood at Rs 10175.1 crore, gaining 1.35%. It has eased by 3.84% over last one week and collapsed sharply by 19.41% in last one month while the market capitalization of NIIT Ltd has softened by 7.51% and 19.95% in the same period respectively.
Profit before tax (PBT) of NIIT Ltd stood at Rs 1.23 crore in Q3 FY26, crashing by 153.71% year-on-year, and tumbling by 117.85% quarter-on-quarter. EBITDA came in at Rs 7 crore, nosediving by 51.39% YoY and plunging by 72.15% sequentially.
Total expenses slightly declined by 1.54% to Rs 107.25 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 34.83 crore, declining 8.73% YoY.
For the TTM ended FY26, revenue from operations grew marginally by 9.11% to Rs 390.17 crore, while net profit witnessed a sharp fall of 87.60% to Rs 6.14 crore, compared to previous TTM. EBITDA saw a sharp decline of 7215% to Rs 79.92 crore, and PBT tumbled by 79.22% to Rs 12.24 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 12.42 crore in FY26, as against Rs 29.3 crore in FY25.
NIIT Ltd nosedived by 28.42% in last one year, underperforming the benchmark BSE Sensex which has slipped by 13.19% during the same period.