BSECompany Update11h ago · 27 Oct 2026, 04:44 pm
Press Release for Unaudited Financial Results for the quarter ended September 30, 2026
NIIT Ltd · 500304
✦ AI Summary▲ PositiveResults
NIIT Ltd reported Q2 FY'27 results with revenue at Rs 982 mn, up 3% QoQ, and EBITDA at Rs 27 million, up 100% YoY. The company's AI offerings contributed 12.4% of revenue, and BFSI & Industry Performance Solutions grew 16% QoQ and 11% YoY.
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NIIT Ltd - 500304 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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October 27, 2026
The Manager The Manager
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Mumbai - 400 001 Bandra (E), Mumbai - 400 051
Subject: Press Release for Unaudited Financial Results for the quarter ended September
30, 2026
Scrip Code: BSE – 500304; NSE – NIITLTD
Dear Sir,
Please find enclosed a copy of the press release for Unaudited Financial Results of the Company
for the quarter ended September 30, 2026.
This is for your information and records.
Thanking you,
Yours sincerely,
For NIIT Limited
Arpita B Malhotra
Company Secretary &
Compliance Officer
Encls : a/a
Press Release
NIIT Limited announces Q2 FY’27 (July-September 2026) results
• Revenue at Rs 982 mn, up 3% QoQ
• BFSI & Industry Performance Solutions grow 16% QoQ and 11% YoY
• AI offerings continue to see strong adoption, contributing 12.4% of revenue vs 9% last quarter
• EBITDA at Rs 27 million, up 100% YoY
Consolidated Financials for Q2 FY’27
(In Rs. Mn) Quarter ended Quarter ended QoQ Quarter ended YoY
September 30, June 30, 2026 change September 30, change
2026 2025
Revenue 982 957 3% 1,049 (6%)
EBITDA 27 (14) +41 13 100%
New Delhi, October 27, 2026: NIIT Limited (Ticker Symbol: NIITLTD), a leading skills and talent
development corporation, reported its financial results for the second quarter of fiscal year 2027, ended
September 30, 2026.
In Q2, the company recorded revenue of Rs 982 million, up 3% QoQ. The contribution of AI offerings to
overall revenue grew to 12.4%, compared with 9% last quarter. NIIT’s AI-enabled BFSI & Industry
Performance Solutions grew 16% QoQ and 11% YoY and contributed Rs 321 million, while Technology
programs contributed Rs 661 million.
During the quarter, NIIT partnered with two of the largest banks to establish dedicated Wealth and Sales
Academies, aimed at upskilling wealth relationship managers and sales associates. The initiatives focus on
strengthening role-specific capabilities and enhancing frontline effectiveness using AI Coaches.
The company reported EBITDA of Rs 27 million in Q2, up 100% YoY. This reflects focused cost optimisation
and simplification initiatives, even as the company continued to invest in sales capacity and new AI
offerings.
During the quarter, NIIT Limited appointed Anish Sarkar as Chief Executive Officer, effective October 14,
2026. Anish brings more than two decades of experience in business building, transformation and M&A-
led growth across consulting and operational leadership roles.
Anish Sarkar, Chief Executive Officer, NIIT Limited, said, “As I step into this role, our focus is on building
upon NIIT’s strong learning heritage while capturing the enormous demand for AI-led talent
transformation across industries in India. We will continue to deepen our customer partnerships,
strengthen our enterprise and consumer offerings, and deliver the advanced learning solutions that
individuals and organisations need to master the future of work.”
Vijay K Thadani, Vice Chairman & Managing Director, NIIT Limited, said, “AI is driving a significant push
for talent transformation across our clients. Our investments in expanding our AI offerings, strengthening
our go-to-market capabilities and broadening our industry partnerships are helping us address evolving
customer needs.”
Press Release
Other Highlights
• NIIT Ltd. appointed Bimaljeet Singh Bhasin as Chief Growth Officer to drive the company’s growth
strategy, strengthen its market presence and identify new business opportunities. Bimaljeet brings
over 25 years of leadership experience in building and scaling businesses across technology,
education and talent development. In his new role, he will focus on accelerating growth across
NIIT’s businesses, strengthening strategic partnerships and supporting the company’s acquisition-
led growth strategy.
• The company expanded its consumer learning portfolio with the launch of five new AI
Professional Programs. These programs cover AI engineering, AI-powered full-stack development,
machine learning, data analytics, and digital marketing. They combine mentor-led sessions, hands-
on projects and real-world case studies to build practical skills for emerging AI-led careers.
• NIIT partnered with S.P. Jain Institute of Management & Research (SPJIMR) to launch a Professional
Certificate in FinTech Operations. The program equips students and early-career professionals with
role-ready skills in digital banking, payments, KYC/AML, credit operations and compliance,
preparing them for opportunities in India’s digital finance ecosystem.
• NIIT expanded its engagements across consumer technology and automotive through sales
capability development initiatives for a leading global smartphone brand and leading four-wheeler
and two-wheeler manufacturers. The smartphone engagement is designed to reach 11,000 users
through premium sales content, Train-the-Trainer programs and digital sales training. The
automotive engagements focus on strengthening dealership sales effectiveness, product
knowledge and customer engagement, including an initiative covering over 1,500 salespeople
across a leading four-wheeler OEM’s western India dealership network.
• NIIT continued to broaden its enterprise learning engagements across industries, including
building materials, apparel and premium fashion retail. The initiatives span product knowledge
content development for a leading tiles and building solutions brand, localisation of visual
merchandising content into six languages for a leading apparel and innerwear brand, and
negotiation skills development for a global luxury fashion brand.
• NIIT expanded its presence in the electric and new-energy automotive ecosystem through
engagements with two industry players to deliver learning solutions and AI-powered digital sales
enablement Coaches. The initiatives focus on strengthening workforce capabilities, product and
sales readiness, and technology-led customer engagement.
• Workshops on Generative AI for leaders and functional teams gained momentum across BFSI
organisations during the quarter, reflecting growing interest in building AI awareness and practical
capabilities across the sector.
• NIIT strengthened its position as a thought leader in enterprise architecture and agentic AI through
flagship engagements during the quarter. The fourth edition of the World Digital Architect
Conclave, held on July 3, 2026, in Bangalore, brought together senior enterprise architects and
technology leaders from leading organisations.
Press Release
About NIIT Limited:
NIIT Ltd. is a leading skills and talent development corporation, set up in 1981 to help the nascent IT industry
overcome its human resource challenges. A pioneer in the IT and business skilling domain, NIIT continues to lead the
training and curriculum development in newer technologies such as AI, ML, Data Science, etc. Over the years, the
company has expanded its capabilities to offer a comprehensive range of technical and soft skills development
programs for individuals and enterprises across industries. Today, NIIT is focused on becoming India's preferred
skilling partner for outcome-oriented AI, digital, technical and soft skills programs.
NIIT Ltd. operates through its key businesses: NIIT Digital, which offers industry-relevant learning programs for
students and working professionals; Enterprise Tech Learning Solutions, which addresses the technology skilling,
upskilling and reskilling needs of enterprises; and BFSI & Industry Performance Solutions, which provides specialised
learning and talent development solutions for the banking, financial services, insurance and other industry sectors.
NIIT's capabilities are further strengthened by iamneo, an AI-powered, SaaS-based learning and assessment platform
serving universities and enterprises. iamneo offers solutions for hands-on technology skilling, coding assessments,
personalised learning, campus employability, recruitment
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