Board Approval and Timing

The Board of Directors approved both Consolidated and Standalone Unaudited Financial Results along with Limited Review Reports of Statutory Auditors in its meeting held on July 23, 2026, which commenced at 14:09 p.m. and concluded at 15:42 p.m.

Trading Window Closure

The Trading Window for dealing in the company's securities was closed for designated persons and will reopen with effect from July 26, 2026.

Consolidated Financial Results (₹ in Millions)

Income Statement

Revenue from operations: ₹5,650.81 (Q1 FY27) vs ₹4,513.54 (Q1 FY26) vs ₹5,252.19 (Q4 FY26)

Other income: ₹165.59 (Q1 FY27) vs ₹130.74 (Q1 FY26) vs ₹41.33 (Q4 FY26)

Total income: ₹5,816.40 (Q1 FY27) vs ₹4,644.28 (Q1 FY26) vs ₹5,293.52 (Q4 FY26)

Expenses

Employee benefits expense: ₹2,467.88

Professional & technical outsourcing expenses: ₹1,683.01

Finance costs: ₹88.37

Depreciation and amortization: ₹214.60

Other expenses: ₹517.91

Total expenses: ₹5,024.22

Profitability

Profit before exceptional items and tax: ₹792.18 (Q1 FY27) vs ₹793.02 (Q1 FY26) vs ₹654.02 (Q4 FY26)

Exceptional items (net): (₹11.21) (Q1 FY27) vs (₹62.81) (Q1 FY26) vs ₹286.32 (Q4 FY26)

Profit before tax: ₹780.97 (Q1 FY27) vs ₹730.21 (Q1 FY26) vs ₹940.34 (Q4 FY26)

Tax expense: ₹206.86 (Current tax: ₹197.62, Deferred tax: ₹9.24)

Profit after tax: ₹574.11 (Q1 FY27) vs ₹493.03 (Q1 FY26) vs ₹771.13 (Q4 FY26)

Comprehensive Income

Total comprehensive income: ₹638.34 (Q1 FY27) vs ₹760.08 (Q1 FY26) vs ₹1,027.70 (Q4 FY26)

Per Share Data (Face value of ₹2 each)

Basic EPS: ₹4.17 (Q1 FY27) vs ₹3.62 (Q1 FY26) vs ₹5.61 (Q4 FY26)

Diluted EPS: ₹4.10 (Q1 FY27) vs ₹3.51 (Q1 FY26) vs ₹5.48 (Q4 FY26)

Standalone Financial Results (₹ in Millions)

Income Statement

Revenue from operations: ₹1,385.34 (Q1 FY27) vs ₹1,311.69 (Q1 FY26) vs ₹1,238.84 (Q4 FY26)

Other income: ₹279.47 (Q1 FY27) vs ₹238.44 (Q1 FY26) vs ₹177.19 (Q4 FY26)

Total income: ₹1,664.81 (Q1 FY27) vs ₹1,550.13 (Q1 FY26) vs ₹1,416.03 (Q4 FY26)

Expenses

Employee benefits expense: ₹581.19

Professional & technical outsourcing expenses: ₹407.57

Finance costs: ₹5.88

Depreciation and amortization: ₹114.20

Other expenses: ₹172.24

Total expenses: ₹1,288.05

Profitability

Profit before exceptional items and tax: ₹376.76 (Q1 FY27) vs ₹269.99 (Q1 FY26) vs ₹181.41 (Q4 FY26)

Profit before tax: ₹376.76

Tax expense: ₹93.49 (Current tax: ₹83.27, Deferred tax: ₹10.22)

Profit after tax: ₹283.27 (Q1 FY27) vs ₹202.42 (Q1 FY26) vs ₹136.33 (Q4 FY26)

Comprehensive Income

Total comprehensive income: ₹318.03 (Q1 FY27) vs ₹185.67 (Q1 FY26) vs ₹99.92 (Q4 FY26)

Per Share Data (Face value of ₹2 each)

Basic EPS: ₹2.06 (Q1 FY27) vs ₹1.48 (Q1 FY26) vs ₹0.99 (Q4 FY26)

Diluted EPS: ₹2.03 (Q1 FY27) vs ₹1.44 (Q1 FY26) vs ₹0.97 (Q4 FY26)

Capital Structure

Paid-up equity share capital: ₹275.63 million (Consolidated and Standalone)

Face value: ₹2 per share, fully paid

ESOP Activity

During the quarter, under NLSL Employee Stock Option Plans (NLSL ESOP 2023-0 and ESOP 2024), 294,004 equity shares were issued. As of June 30, 2026, 9,981,588 options remained outstanding.

Exceptional Items

Consolidated

St. Charles Consulting Group acquisition: Reassessment led to reversal of USD 4.99 million (₹454.53 million) obligation in previous quarter

MST Group acquisition: Expenses of ₹4.88 million (current quarter), ₹20.08 million (previous quarter), ₹146.91 million (FY26)

SweetRush Group acquisition: Expenses of ₹6.33 million (current quarter), ₹56.54 million (previous quarter), ₹106.58 million (FY26)

Standalone

Labour Codes impact: Increase in gratuity liability attributable to past service costs amounting to ₹135.28 million disclosed under Exceptional Items for year ended March 31, 2026

Business Segment

The Group/Company is engaged in providing Education & Training Services in a single segment. Chief Executive Officer and Chief Financial Officer are considered as Chief Operating Decision Makers.

Subsidiary Updates

Merger approved: Board of NIIT USA Inc., USA and Stackroute Learning Inc., USA approved merger of SLI with and into NIIT USA on July 17, 2026 with immediate effect.

Acquisition Impacts

MST Group: NIIT (Ireland) Limited acquired 100% equity stake in MST Investment Holding GmbH and subsidiaries on July 09, 2025

SweetRush Group: NIIT (USA), Inc acquired 100% equity stake in SweetRush Inc. along with one subsidiary on January 09, 2026

Due to these acquisitions, results for current quarter are not comparable with corresponding quarter ended June 30, 2025 and quarter ended March 31, 2026.

Auditor Review

The financial results were reviewed by S.R. Batliboi & Associates LLP, Chartered Accountants (ICAI Firm registration number: 101049W/E300004).

Subsidiary Coverage

The consolidated results include:

  • 6 subsidiaries reviewed by their respective independent auditors (total revenues: ₹1,998.59 million, net PAT: ₹107.02 million)
  • 1 step-down subsidiary located outside India following IFRS
  • 4 subsidiaries with unaudited results (total revenues: ₹19.44 million, net loss: ₹0.76 million)