NIIT Technologies Limited announced consolidated and standalone earnings results for the third quarter and first nine months ended December 31, 2017. For the quarter, on consolidated basis, the company announced consolidated revenue of INR 7,565 million compared to INR 6,938 million a year ago. Operating profit was INR 1,295 million compared to INR 1,162 million a year ago. Profit attributable to owners of the company was INR 756 million compared to INR 624 million a year ago. Profit before tax was INR 989 million compared to INR 900 million a year ago. Earnings per share, diluted were INR 12.23 compared to INR 10.16 for the same period a year ago. The CapEx spend during the quarter was INR 127 million.

For the first nine months, on consolidated basis, the company announced revenue from operations of INR 20,574 million compared to INR 28,021 million a year ago. Profit before exceptional items and tax was INR 2,776 million compared to INR 2,529 million a year ago. Profit before tax was INR 2,776 million compared to INR 2,168 million a year ago. Profit attributable to owners of the company was INR 1,941 million compared to INR 1,500 million a year ago. Earnings per share, diluted were INR 31.45 compared to INR 24.41 for the same period a year ago.

For the quarter, on standalone basis, the company announced revenue from operations of INR 4,122 million compared to INR 3,830 million a year ago. Profit before exceptional items and tax was INR 508 million compared to INR 357 million a year ago. Profit before tax was INR 508 million compared to INR 357 million a year ago. Profit for the period from continuing operations was INR 395 million compared to INR 282 million a year ago. Earnings per share, diluted were INR 6.39 compared to INR 4.61 for the same period a year ago.

For the first nine months, on standalone basis, the company announced revenue from operations of INR 12,357 million compared to INR 11,367 million a year ago. Profit before exceptional items and tax was INR 2,321 million compared to INR 1,261 million a year ago. Profit before tax was INR 2,321 million compared to INR 890 million a year ago. Profit for the period from continuing operations was INR 1,901 million compared to INR 785 million a year ago. Earnings per share, diluted were INR 30.80 compared to INR 12.76 for the same period a year ago.

The company expects to hit operating margins of 18% for the fourth quarter of fiscal 2018.

The company expects tax rate to be 24% for fiscal 2019.