New Delhi, July 28: NIIT has posted a 21 per cent growth in net profit at Rs 13.1 crore during the first quarter ended June 30.

Operating profit grew 11 per cent to Rs 14.3 crore, which helped the operating margin rise to 13.4 per cent from 12.3 per cent in 2004-05.

Global revenues grew 12 per cent to Rs 169.5 crore on a year-on-year basis. Consolidated net revenues of NIIT and its subsidiaries too went up 10 per cent to touch Rs 106.4 crore.

“Business volumes and operating efficiencies have improved in all segments, leading to a 21 per cent growth in net profit,” said chairman Rajendra S. Pawar.

Global revenues of Rs 169.5 crore show that 53 per cent of NIIT’s total revenues came from overseas operations while India accounted for 47 per cent.

Revenues from the individual learning segment contributed 52 per cent to overall revenues.