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NIIT Learning Systems Results: Latest Quarterly Results & Analysis

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NIIT Learning Systems Ltd. 05 Nov 2025 14:13 PM

Q2FY26 Quarterly Result Announced for NIIT Learning Systems Ltd.

Education company NIIT Learning Systems announced Q2FY26 results

  • Net Revenue: Rs 475.7 crore compared to Rs 397.4 crore during Q2FY25, change 20%.
  • EBITDA: Rs 96.6 crore compared to Rs 93.6 crore during Q2FY25, change 3%.
  • EBITDA Margin: 20.3% for Q2FY26.
  • PAT: Rs 47.0 crore compared to Rs 57.0 crore.

Vijay K. Thadani, Co-founder, Vice Chairman & Managing Director, NIIT MTS, said: “The results reaffirm our pole position in AI for learning and development, with AIenabled revenue contributing about 10% of our business this quarter. We continue to make significant investments in capabilities and go-to-market, to power industry leading growth.”

Sapnesh Lalla, CEO & Executive Director, NIIT MTS, said: “In a volatile macro environment, we delivered a solid quarter with broad-based execution, new logo additions, and expanding revenue visibility. Our AI-first strategy is now visible in production deployments, and we are scaling these programs to drive learner outcomes.”

”The acquisition of MST Group strengthens our DACH presence and adds high-quality clients and near-shore capability to our platform.”

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Education company NIIT Learning Systems announced Q1FY26 results

  • Revenue at Rs 451.4 crore, up 11% YoY and 5% QoQ.
  • EBITDA at Rs 95.1 crore, EBITDA margin at 21%, up 112 bps QoQ.
  • Added 2 new MTS clients taking the tally to 95; Revenue Visibility at USD 388 million.
  • Acquired Germany based MST Group in July 2025.

Vijay K. Thadani, Co-founder NIIT & Vice Chairman & Managing Director, said: “NIIT MTS continues to demonstrate remarkable resilience by delivering strong sequential growth with a healthy margin in a volatile and uncertain environment. The addition of MST Group to NIIT MTS’ family marks a major next step in our global expansion strategy.”

Sapnesh Lalla, CEO & Executive Director, NIIT MTS, said: “NIIT MTS continues to maintain its track record of 100% contract renewal. Key customers and leading industry analysts acknowledge our pole position in AI in learning. The addition of MST Group creates an opportunity for the company’s growth in the DACH region.”

Result PDF

Education company NIIT Learning Systems announced Q4FY25 & FY25 results

Q4FY25 Financial Highlights: 

  • Revenue at Rs 429.7 crore up 8% YoY
  • EBITDA at Rs 85.7 crore Margin at 20%
  • Adds 3 new MTS contracts, Revenue Visibility at USD 390 million

FY25 Financial Highlights: 

  • Revenue at Rs 1653.3 crore up 6% YoY
  • EBITDA at Rs 376.3 crore Margin at 22.8%
  • Profit After Tax at Rs 227.5 crore; EPS of Rs 16.75
  • Adds 10 new MTS contracts during the year
  • The Board recommended a final dividend of Rs Three per equity share.

Sapnesh Lalla, CEO and Executive Director, NIIT MTS, said, “We delivered industry-leading growth and profitability in a quarter that was marked by heightened uncertainty and volatility. We saw continued momentum in new customer acquisition and wallet share expansion across most customer segments.”

Commenting on the results, Vijay K. Thadani, Co-founder NIIT and Vice Chairman & Managing Director, NIIT MTS stated, “It is heartening to note that our customers are starting to adopt our GenAI based L&D solutions at scale. In line with our AI first approach, we will continue to make disproportionate investments to strengthen our unique position as a strategic leader in Managed Learning Services.”

Result PDF

Education company NIIT Learning Systems announced Q3FY25 results

  • Consolidated Net Revenue of Rs 418.9 crore, up 5% QoQ and 7% YoY.
  • EBITDA was Rs 94.6 crore while EBITDA Margin stood at 23%.
  • Profit After Tax was Rs 61.7 crore, up 8% QoQ and up 9% YoY.
  • EPS for the quarter was Rs 4.54.

Vijay K. Thadani, Co-founder NIIT and Vice Chairman & Managing Director, said: “In a tough economic environment, NIIT MTS’ strong value proposition is resonating with clients and prospects, resulting in wallet share improvement and new client acquisition. Clients are starting to take advantage of NIIT MTS’ innovative use of AI and technology in learning.”

Sapnesh Lalla, CEO and Executive Director, NIIT MTS, said: “Our Q3FY25 performance demonstrates NIIT MTS's resilience and ability to navigate challenging market conditions. The recovery in growth this quarter reflects the strength of our client relationships and the value we deliver. Securing a spot in the Training Industry, Inc.’s top 20 IT and Technical Training Companies and multiple industry awards on innovative use of AI is a testament to our investments in use of AI acroreoss the L&D value stream."

Result PDF

Education company NIIT Learning Systems announced Q2FY25 results

  • Revenue at Rs 397.4 crore, up 4% YoY.
  • EBITDA at Rs 93.6 crore, EBITDA margin at 24%.
  • PAT at Rs 57 crore, up 22% YoY, EPS at Rs 4.2.
  • Two new MTS customers taking tally to 91; Revenue visibility improved to USD 368 million.

Vijay K. Thadani, Vice Chairman & Managing Director, NIIT MTS said: “In Q2FY25, NIIT MTS has continued to showcase its resilience and adaptability, delivering year-on-year growth and robust profitability. We added two marquee MTS clients and maintained a 100% renewal record. Our strategic focus on innovative solutions, including GenAI-powered platforms, have been key drivers of strong customer addition and retention.”

Sapnesh Lalla, CEO and Executive Director, NIIT MTS, said: “Our Q2FY25 performance reflects strong customer trust and enduring partnerships. Despite tighter industry budgets, we continued with industry-leading growth, customer addition and retention. The positive reception to our AI-driven solutions reinforces our leadership in this space. Our work continues to receive industry recognition such as 63 Brandon Hall awards. These awards are testament to the pioneering work we do for our customers."

Result PDF

Education company NIIT Learning Systems announced Q1FY25 results:

  • Revenue at Rs 407.2 crore, up 7% YoY and 2% QoQ
  • EBITDA at Rs 102.4 crore up 11% YoY and 3% QoQ
  • EBITDA margin at 25% up 99 bps YoY and 14 bps QoQ
  • PAT at Rs 60 crore with EPS at Rs 4.4
  • Added 3 new MTS Customers; MTS customer tally at 89; Revenue Visibility at USD 350 million

Commenting on the results, Vijay K. Thadani, Vice Chairman & Managing Director, NIIT MTS stated, “NIIT MTS continues to demonstrate remarkable resilience in a volatile and uncertain environment. The company has taken the pole position in application of GenAI for improving the effectiveness and efficiency of the L&D function of our customers.”

Sapnesh Lalla, CEO and Executive Director, NIIT MTS, shared his views on the results, "In Q1FY25, NIIT MTS continued to see resilient growth. We have accelerated new customer addition and have retained our track record of 100% renewals. We are excited about the immense opportunity that GenAI creates for our customers and are starting to see early results.”

Result PDF

Education company NIIT Learning Systems announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenue at Rs 397.9 crore, up 2% QoQ
  • EBITDA margin at 25%, up 113 bps QoQ
  • Profit After Tax at Rs 54.4 crore; EPS of Rs 4.02
  • Revenue Visibility at USD 335 million at quarter end

FY24 Financial Highlights:

  • Revenue at Rs 1,553.5 crore, up 14% YoY
  • EBITDA margin at 24%, up 106 bps YoY
  • Profit After Tax at Rs 213.2 crore; EPS of Rs 15.82
  • Adds 11 new MTS customers during the year

Sapnesh Lalla, CEO and Executive Director, NIIT MTS, said, “I am delighted to share that at our recent annual customer conference, our customers complemented NIIT MTS for reliability and customer centricity”. He further added, that “The Customer Advisory Board, which met during Confluence, is helping us prioritize key areas for investment, including Generative AI, learning consulting, and transversal skills.”

Result PDF

Education company NIIT Learning Systems announced Q2FY24 results:


1. Financial Performance
- NIIT Learning Systems reported a consolidated net revenue of Rs 381.9 crore for Q2FY24, a growth of 27% YoY.
- The company's EBITDA for Q2FY24 was Rs 91 crore, reflecting a YoY increase of 58%.
- EBITDA margin stood at 23.8%, showing a YoY improvement of 464 basis points.
- Profit After Tax for the quarter was Rs 46.9 crore, resulting in an earnings per share of Rs 3.5.

2. Dividend Declaration
- The Board of Directors approved the declaration of an interim dividend of Rs 2.50 per share.
- The record date for the dividend is set as November 10, 2023.

3. Business Growth
- NIIT MTS added four new MTS customers during the quarter.
- The company achieved 100% renewals with four existing customers.
- As of the end of the quarter, NIIT MTS has 85 active MTS customers with a revenue visibility of USD 350 million.

4. Industry Awards and Recognitions
- NIIT MTS earned 56 Brandon Hall Excellence in HCM awards in partnership with customers, including 33 gold awards, 10 silver awards, and 13 bronze awards.
- NIIT MTS was named to Training Industry, Inc.'s 2023 Top 20 Learning Services companies list for the sixteenth consecutive year and the Top 20 Experiential Learning Technologies companies list for the third consecutive year.

Vijay K Thadani, Co-founder NIIT and Vice Chairman & Managing Director, NIIT Learning Systems, "Disruptive technologies like Al present a massive opportunity for learning to become significantly more impactful and will enable organizations to transform their talent and achieve competitive advantage. By investing early in these transformative technologies, NIIT MTS is uniquely positioned to become more valuable to its growing list of customers."

Sapnesh Lalla, Executive Director & CEO, NIIT Learning Systems, "In a tough economic environment, our value proposition is continuing to resonate with a larger set of customers. We continue to make investments, expand our customer set, and grow our capabilities, uniquely positioning NIIT MTS for acceleration and growth as the environment starts to stabilize."

 

 

Result PDF

Education firm NIIT Learning Systems announced Q1FY24 results:

  • Q1FY24 revenue at Rs 382.3 crore, up 22% YoY
  • EBITDA at Rs 92.4 crore, with EBITDA margin of 24%
  • Profit after tax of Rs 55.2 crore
  • EPS at Rs 4.1
  • Adds 4 New MTS customers during Q1FY24; revenue visibility at $360 million

On the occasion of the listing of the company Rajendra Singh Pawar, Co-founder NIIT and Chairperson NIIT Learning Systems, said, “We are proud and thrilled to present our newly listed entity — ‘NIIT Learning Systems Limited’. The Managed Training Services Business has grown to be ranked in the Top 5, globally in the Learning Outsourcing space. The global corporate training market is currently underpenetrated, and the company has an opportunity to become a leader in this space.”

Commenting on the results, Vijay K. Thadani, Co-founder NIIT and Vice Chairman & Managing Director, NIIT Learning Systems said, “Despite the challenging macroeconomic environment and prevailing uncertainty, the business continues to attract new customers as well as maintain its track record of 100% renewals. This would provide a strong platform for growth as we see a reversion to normal consumption levels"

 

 

Result PDF

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