• Global System-wide Revenue up 19% YoY at Rs 555 Cr
• EBITDA up 22% YoY at Rs 49 Cr
• School Learning Solutions Net Revenue up 175% YoY
• Board approves raising of Rs 230 Cr through equity and convertible warrants

NIIT Limited : Consolidated Financials at a Glance (in Rs Cr)
	Qtr ended Sept 30,‘08	Qtr ended Sept 30,‘09	Growth YoY
Global System-wide Revenue	468.0	555.6	19%
Net Revenue	309.5	359.8	16%
EBITDA	40.6	49.6	22%
Profit After Tax	29.7	26.2	(12%)

For the quarter ending September 30, 2009, NIIT Limited, the leading Global Talent Corporation recorded global system-wide revenue of Rs 555.6 Cr, an increase of 19% YoY and net revenue of Rs. 359.8 Cr, an increase of 16% YoY. The company recorded an EBITDA of Rs 49.6 Cr up 22% YoY. PAT of Rs 26.2 Cr was impacted by higher depreciation in company operations and forex volatility in share of associates’ profits.

The results were taken on record at the meeting of the Board of Directors of NIIT Limited here today.

Individual Learning Solutions recorded 17% YoY growth in Global System-wide revenue, YoY. In this quarter, India enrolments increased by 8% YoY driven by the introduction of full range of programs in the Infrastructure Management Services (IMS) domain and ERP training for Small and Medium Businesses. Enrolments in the IMS courses saw a 43% growth during the quarter. Placements continued to be robust taking the growth to 45% year todate.

In international markets, NIIT further strengthened its position with the announcement of its university tie-up in Nigeria, successful commencement of training programs in South Africa, launch of additional PPP centres in China and the scholarship drive in Nigeria and Vietnam. In the 10th NIIT Nigeria Scholarship about 200,000 students registered for the test, an increase of 100% over last year.

NIIT and IBM entered into an alliance to offer training programs on IBM’s Career Education in IBM Software framework. Starting with curriculum for the Rational suite of software testing and quality assurance, the partnership will be extended in successive phases across other IBM technologies.

NIIT received the Dataquest Top IT Training Company Award 2009 for the 17th year in succession. NIIT, USA, has been honored by TechAmerica Southeast with a 2009 Spirit of Endeavor award for Leadership in Technology Education.

In Corporate Learning Solutions, NIIT recorded a strong performance with 16% growth in e-learning products.

NIIT, USA, has been awarded the Gold for Excellence in E-Learning in the 2009 Learning in Practice Awards from Chief Learning Officer Magazine.

Corporate Learning Solutions recorded strong growth in EBITDA margin, an increase of 492 basis points YoY reflecting the benefit of cost containment actions.

During the quarter, NIIT received the prestigious CIO 100 Award 2009, presented by CIO Magazine, for the pioneering work done on revamping its website: www.niit.com and the Polycom Intelligent Enterprise Award at the Technology Senate 2009 for its Synchronous Learning Technology

School Learning Solutions recorded 76% growth in EBITDA on a higher revenue base.

NIIT swept the Digital Learning category in eIndia 2009 awards, winning: ICT Enabled School of the Year Award (The Scindia School), Civil society / Development agency Initiative of the year (Hole in the Wall Education), Government / Policy Initiative of the year (Implementation of Shared Computing in Govt. schools, Andhra Pradesh)

NIIT Nigeria IT Scholarship - completes 10 years of empowering students

A record 200,000 Students enroll for the largest IT scholarship test of the decade

NIIT conducted the 10th NIIT Nigeria IT Scholarship 2009 to reward meritorious students enrolling for computer programs at NIIT. The scholarship attracts meritorious students in the IT industry of Nigeria and helps them financially to gain access to world-class IT education. Into its 10th year now, the scholarship has become one of the most awaited events in the annual events calendar of the country.

The Scholarship helps students get skilled for a Global career through training in technology offerings from Oracle, Microsoft, Sun, Cisco and CompTIA. The trainings will be held at more than 35 NIIT locations across Nigeria. This year also marked the 10th Anniversary of NIIT’s presence in Nigeria, with more than 200,000 students registering for the scholarship test held on July 18, 2009, twice over the number last year.

The Scholarships will assist a large number of Nigerian youth to take up IT, and will significantly increase the number of certified professionals in Nigeria.

This year NIIT has strengthened its product portfolio by adding new programmes in all four domains of IT namely; Software Development, Networking, Database Certification and Multimedia Applications. Several new programmes like Microsoft .Net Developer, Sun Java Web Component Developer, Sun Certified Mobile Application Developer, Microsoft Certified IT Professional and Certificate in Linux and Oracle 11g Database Administrator have been introduced at the higher end of technology. NIIT is also offering short term modular programmes for school leavers.

For the first time in Nigeria, students participating in the scholarship had an opportunity to interact with global leaders in Technology through the first NIIT Technology Partner Conclave held on 22nd, 23rd and 25th July at Lagos, Abuja and Benin/Lagos respectively

Innovative ICT enabled Learning Solutions by NIIT hold centre stage at eINDIA 2009 - India’s largest ICT event

Sweeps the Digital Learning category, winning three awards

- ICT Enabled School of the Year Award – The Scindia School, Gwalior, Madhya Pradesh
- Civil society / Development agency Initiative of the year - Hole in the Wall Education
- Government / Policy Initiative of the year - Implementation of Shared Computing Technology in 5000 Govt. schools of Andhra Pradesh

ICT learning solutions by NIIT received commendation at eINDIA 2009 summit- India’s largest ICT event, for making significant contributions to the society. The Awards were announced at eINDIA 2009 summit, held on 25-27 August, 2009 in Hyderabad. The event brought together ICT experts, practitioners, business leaders and stakeholders of the region onto one platform, through keynote addresses, paper presentations, thematic workshops and exhibitions.

The innovative learning solutions of NIIT received three recognitions out of the total four in the Digital Learning India 2009 Awards category. Scindia School, Gwalior, Madhya Pradesh received the ICT Enabled School of the year Award while the Andhra Pradesh Government project for implementation of shared computing technology in 5000 Government schools in the state received the Government/ Policy Initiative of the year Award. NIIT’s prominent project, Hole-in-the-Wall, an initiative to promote Minimally Invasive Education (MIE) amongst the under privileged children, received the Civil Society and Development agency initiative of the year.

eINDIA 2009 Awards felicitates the most innovative initiatives in the domain of ICTs for Development. It seeks to spread awareness about the role of ICTs in addressing social concerns by identifying and felicitating projects that exemplify the kind of implementation that can be easily replicated and at the same time proves efficient and sustainable, especially projects implemented in India and the South Asian region.

The Nominees were evaluated on the basis of economic cost and sustainability, stakeholder support and other inclusiveness indicators; the impact on livelihoods and society in general; demonstrable effects on the project target groups; Community initiatives and ownership and the measure of replication and the extent of collaboration.

NIIT adjudged Award Finalist for the 2009 Microsoft Worldwide Partner Conference Awards for Learning Solutions

NIIT was selected as a 2009 Microsoft Worldwide Partner Conference Awards finalist in Learning Solutions, Innovative Partner of the Year.

Awards were presented in a number of categories, with winners chosen from a pool of nearly 2,000 entrants worldwide. NIIT’s ‘Integrated Program for Developing Skills and Certification on.NET – GNIIT’ was selected by Microsoft as one of the two finalists for Partner of the Year, in the category, Learning Solutions Innovative Partner of the Year.

The Learning Solutions, Innovative Partner of the Year award recognizes partners’ commitment and ability to deliver high-quality innovative learning services to meet customer needs. It also validates the effect of technical training, skills assessment, student mentoring, and Microsoft Certified Professional (MCP) exam preparation on customer satisfaction, and the application of Microsoft technology to solve business problems.

Commenting on the award, Mr. G Raghavan, President, Global Individual Learning Solutions, NIIT said, “At NIIT, it has been our constant endeavour to address the skills gap in IT industry by enhancing employability of the workforce and making them Industry Ready.”

The Microsoft Worldwide Partner Conference Awards recognizes Microsoft partners that have developed and delivered exceptional Microsoft-based solutions over the past year. NIIT’s alliance with Microsoft for this integrated program addresses the need for skilled and ready manpower on growing areas like Application Development and Infrastructure Management. Around 30, 000 students have been trained as part of this program and over 18, 000 students have acquired MS Certification, in the last 12 months.