NIIT Technologies reports 5.9% sequential increase in profit

NIIT Technologies reported a sequential increase of 5.9% in profit after tax at Rs 62.4 cr for the quarter ended December 31, 2016. Profit after tax was down 10% on a year on year basis for Q3FY17, while consolidated revenues were up 2% Year-on-year to Rs 693.8 cr, up 0.1% sequentially.