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Posted by / 21-Feb-2016 17:39

Noida, October 15th 2016, Saturday: NIIT Technologies Limited(NSE: NIITTECH), a leading global IT solutions organization, today announced its financial results for the quarter ended in Sept 30, 2016 with a sequential revenue increase of 3.3% over previous quarter to Rs 692.9 Crores.Operating Profits increased by 12.8% sequentially to Rs 114.5 Crores and Profit after Tax stood at Rs 58.9 Crores.London, UK | New Delhi, India, November 24 2016: NIIT Technologies Limited, a leading global IT solutions organization, today announced that it has been conferred with the Award for Innovation in Outsourcing by Global Sourcing Association (formerly known as National Outsourcing Association, NOA).The award recognizes NIIT Technologies’ platform “Fin Génie” providing Finance and Accounting Transformation Solution for Enterprises.

Those who attended the awards ceremony were given the inside track on the very best examples of technology in outsourcing, but also relationship and contract management, innovation, service delivery and collaboration.

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I would like to extend my appreciation to everyone who attended the event and roundly applauded all those businesses who took part.” Siddhartha Singh, Executive Vice President, NIIT Technologies commented, “This award acknowledges our commitment to create a service culture based on innovation, creativity, and a deep partnership with our clients”.

To cater to the needs of the finance leaders, NIIT Technologies has developed a technology-enabled platform “Fin Génie” that offers a comprehensive portfolio of traditional finance and accounting (F&A) services which help integrate key business processes in an organization. About NIIT Technologies NIIT Technologies is a leading global IT solutions organization servicing customers across the Americas, Europe, Asia and Australia.

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APAC contributed to 11% to total revenues, whereas India business declined by 7.2% due to lower revenues from India Government leading to revenues share of 7%.