Q3 (October – December 2012) Insight@NIIT:Vol.18 Investor Communication Contents




NIIT Limited announces Q3 (Oct - Dec 2012) Consolidated Results FY 2012-13








Rajendra S Pawar
NIIT Limited

A Growth of 33% in fresh career enrolments for banking programs reflects the opportunities in the BFSI segment.









Vijay K. Thadani
NIIT Limited

MTS (Managed Training Services) continued to gain acceptance during the quarter by growing at 18%. It now contributes 70% to our Corporate Learning Solutions business, which now has a revenue visibility of USD 134 Mn.












P Rajendran
NIIT Limited

The success of NIIT MindChampions’ Academy (MCA) is a reflection of growing acknowledgement of Chess as a powerful tool to develop young minds. We continue to extend MCA as part of our innovative offerings for schools.

Quarter 3 highlights on a continuing business basis

  • Records Net Revenue at Rs 232.7 Cr
  • Corporate Learning Solutions grows 14% YoY, led by 6 MTS orders
  • School Learning Solutions grows 35% YoY
  • Fresh Career Enrolments for Banking programs grow 33% YoY
  • Strengthens IT Training offerings; Inks MoU with NASSCOM with a vision to provide industry-aligned training to over 1 lakh students in the next three years

NIIT Limited: Q3 (Oct - Dec, 2012) Consolidated Financials at a glance for Quarter ended December 31, 2012 (in Rs. Cr)

System wide Revenue
Net Revenue
Profit After Tax

(In view of the divestment in Element K during FY 2011- 12, the following table represents the YoY comparison on a Continuing business basis)

NIIT Limited : Q3 (Oct - Dec 2012) Consolidated financials on a continuing business basis for quarter ended December 31, 2012*

  Quarter ended December 31, 2011 (in Rs. Cr)

Quarter ended December 31, 2012 (in Rs. Cr)

Net Revenue
239.0 232.7
(16.9) 0.5

#excluding financials of Element K

NIIT Limited reported a Net Revenue of Rs. 232.7 Cr with a PAT of Rs 0.5 Cr for the third quarter ending December 31, 2012.

Career Building Solutions (CBS) recorded net revenue of Rs. 103.4 Cr during the quarter. Despite a challenged quarter, NIIT graduate’s job-readiness and acceptance by the industry continued to be favourable with 8,879 students getting placed during Q3. At the same time, the short-term technology courses registered a growth of 9%.

Into its fourth decade of leadership in Global Talent Development, NIIT extended its portfolio to provide training for Commerce graduates and Digital Marketing professionals during the quarter. NIIT rolled out the Diploma in Applied Financial Management for B.Com students and entered into a tie-up with Digital Marketing Institute (Ireland) to create a globally competitive resource pool for the fast evolving digital marketing industry in India.

NIIT strengthened its IT training portfolio during the quarter, by entering into a MoU with NASSCOM to enhance skill development of graduates through its in-campus training initiative, across colleges in the country.

NIIT reinforced its talent development initiatives in the International arena, by signing MoU with Vietnam’s 3rd largest, University of Da-Nang for its in-campus training initiative, NIIT-Inside.

During the quarter NIIT Imperia launched two new programs- Advanced Program in Strategy for Leaders and Advanced Program in Human Resource Management from IIM, Lucknow.

NIIT completed the intensive training programs for the second batch of Tax Return Preparers for Department of Income Tax in which 3,685 candidates got certified during this quarter.

Corporate Learning Solutions (CLS) recorded net revenues of Rs. 79.2 Cr., up 14% YoY on a continuing business basis and added 3 new global customers during the quarter.

School Learning Solutions registered net revenue of Rs. 49.8 Cr. during the quarter, up 35% YoY. 137 new schools with Nguru solutions were added in Q3 and Non Government schools revenue grew by 13% YoY.

NIIT MindChampions Academy (MCA) - a joint initiative by NIIT and World Chess Champion Viswanathan Anand to initiate young minds into the World of Chess in schools - crossed the milestone of impacting over 1.65 million children across 16,500 schools since inception, during the quarter.

NIIT’s vocational skills training initiative - NIIT Yuva Jyoti, established in partnership with National Skill Development Corporation (NSDC) added new centres this quarter, taking the total number of centres to 26 with over 3,500 enrolments since commencement.

Awards and acknowledgements during Q3:

  1. Received the Brandon Hall Excellence in Learning 2012 Silver Award in the Best in Competencies and Skill Development category jointly with Shell for Shell Standard Primavera Education.
  2. Awarded the silver in Chief Learning Officer Learning in Practice 2012 awards for the Excellence in E-Learning category for MetLife Virtual Induction Program.


NASSCOM and NIIT partner to enhance skill development and quality capacity of graduates


Som Mittal’s
President, NASSCOM

This initiative of NASSCOM with NIIT is aimed at scaling quality capacity of our graduates. We believe our initiative will go a long way in contributing towards achieving the scale that is required by the industry.







Rajendra S Pawar
NIIT Limited

NIIT’s training expertise together with NASSCOM’s industry insights will empower college students across India.

- Vision to train over 1 lakh students over three years

NIIT signed a Memorandum of Understanding (MoU) with the NASSCOM Sector Skills Council (SSC), for three years, to offer enhanced training programs to students through its training campuses all across the country. The strategic alliance will offer first-of-its-kind training programs that have been designed, developed and endorsed by the industry through two initiatives- FSIT (Foundation Skills in IT) - for engineering graduates and Global Business Foundation Skills (GBFS) - for graduates of all streams.

While FSIT aims to develop foundation skills in IT, GBFS has been specifically designed to meet the needs of the BPO/KPO and the LPO industry. NIIT will leverage its on-campus delivery model - NIIT Careers@Campus, designed to enhance employability skill sets of engineering graduates in particular and the overall employability of all graduates in general.

The training program has been designed by IT-ITeS Sector Skills Council NASSCOM and the achievement levels are certified through the NAC and NAC-Tech assessments. The collaboration between NASSCOM’s IT-ITeS Sector Skills Council (SSC) and NIIT aims to train over 1 lakh students over three years, starting with 30,000 students in the first year.


NIIT and Digital Marketing Institute (Ireland) partner to redefine digital marketing education in India

G Raghavan
Chief Executive, Career Building Solutions, NIIT Limited

In line with our vision to offer cutting-edge career focused training programs in the emerging areas of the knowledge society, we are delighted to partner with DMI to offer globally recognized programs in digital marketing.


Ian Dodson, Global
President & CEO, Digital Marketing Institute

NIIT has the expertise on the ground in India to help us to deliver our programmes to the highest professional standards for many years to come.



Dr. Subho Ray
President, IAMAI

This partnership between NIIT and DMI will go a long way in helping India emerge as a leader in the digital marketing arena.”

- Aim to create a globally competitive resource pool for the fast evolving digital marketing industry in India
- Launch first of its kind globally recognized “Professional Diploma in Digital Marketing” for the Indian market
- Internet and Mobile Association of India (IAMAI) welcomes the initiative as a significant milestone for the industry

NIIT entered into a strategic alliance with Digital Marketing Institute (DMI), Ireland, the global leaders in training professionals in digital marketing, to offer digital marketing education and professional certification in India. To this end “Professional Diploma in Digital Marketing”– a flagship program that offers comprehensive professional certification and is recognized globally by the industry, has been introduced for the first time in India.

Professional Diploma in Digital Marketing is validated by the Industry Advisory Council which consists of global leaders in IT, Media, Finance and Communications, such as Google, Facebook, LinkedIn, Intel, Microsoft, BT, Publicis, and many practitioners from noted digital advertising agencies.

The program has been developed in cooperation with many of the leading digital companies in the world and is recognised in over 25 countries including Europe, UK, USA, South Africa and the Middle East. As part of the alliance, DMI will run specialist training programs with NIIT faculty. Over 150 professional subject matter experts were involved in developing the curriculum.

As per industry estimates, global digital media spend will exceed $104 billion in 2013 and is growing at a rate of over 10% annually. The rate of growth in Asia is nearly 25% year on year. India is the third biggest user of the internet in the world.

The program will give an overview of Search Engine Optimisation, Pay-Per-Click Marketing, Affiliate Marketing, Email Marketing, Social Media Marketing, Digital Display Advertising, Mobile Marketing, Web Analytics, E Commerce, and Planning Digital Marketing Campaigns.


NIIT MindChampions’ Academy - Chess Master 2012, National Level Winner Felicitated by World Chess Champion Viswanathan Anand

Viswanathan Anand
World Chess Champion & NIIT MindChampion

It is heartening to note that young children are taking up chess enthusiastically and mastering the strategies of the game.



Hemant Sethi
President, School Learning Solutions NIIT Limited

NIIT MCA now touches more than 1.65 million students from over 17000 schools across India.


• Master Sree Govind Ganesh, Class 5 student of Chinmaya Vidyalaya, Kochi, adjudged as National Champion
• Over 2 Lakh Students Across India Competed for the Coveted Chess Master 2012 Title
• Anand launches NIIT MindChampions’ Academy at Global Indian International School, Indore, to nurture young minds through Chess

The National level winner of the NIIT MindChampions’ Academy (MCA) was felicitated by World Chess Champion and NIIT MindChampion Viswanathan Anand at the grand finale of Chess Master 2012 in Indore. Also present on the occasion were Hemant Sethi, President, School Learning Solutions, NIIT Ltd. and Rajeev Katyal, Country Director, Global Indian International School (GIIS).

Master Sree Govind Ganesh, Class 5 student of Chinmaya Vidyalaya, Kochi, was adjudged as the National level winner of the NIIT MindChampions’ Academy - Chess Master 2012. During the day, Grandmaster Viswanathan Anand launched NIIT MindChampions’ Academy at Global Indian International School, Indore.

This year MCA has witnessed widespread participation of over 2 Lakh students from 8,000 schools across the country for the Chess Master 2012. The mega Chess tournament was entirely conducted online, inspiring students from metros to the remotest towns across the country, to play the game of Chess online.

Master Sree Govind Ganesh, National Winner, Chess Master 2012, commented, “Exchanging Chess moves with Viswanathan Anand was a long cherished dream, and I would like to thank NIIT MindChampions’ Academy for making it come true. Chess has helped increase my concentration and improved my performance in academics, especially in Maths and Science. “

NIIT MindChampions’ Academy encourages students to take up the game of Chess, enabling development of young minds. The phenomenal success of MindChampions’ Academy has reiterated the fact that Chess has been a rewarding experience for students, helping them approach the academic problems in a more tactical and logical manner and improve their analytical skills.


World Chess Champion Viswanathan Anand emphasises the importance of employability skills for undergraduates

Viswanathan Anand
World Chess Champion & NIIT MindChampion

I am pleased to see students of SSM College, Komarapalayam, benefit from NIIT Careers@Campus programs, which prepare students to be job ready from day one.



Chockalingam Murugan,
President, Institutional Alliances Business, NIIT Limited

Careers@Campus is an initiative to bring employability enhancing skill sets to the doorsteps of college students in campuses.

• Applauds NIIT Careers@Campus programs for bringing industry-aligned curriculum to undergraduates through in-campus training modules
• Congratulates SSM College, Komarapalayam, for completing one year of launching NIIT Careers@Campus programs

NIIT Limited celebrated one year of successfully running its innovative Careers@Campus programs at SSM College, Komarapalayam, at an event attended by World Chess Champion and NIIT MindChampion Viswanathan Anand.

Anand applauded the industry-aligned programs, which aim to make students industry ready by the time they graduate. Also present on the occasion were Cavalier Dr. M S Mathivaanan, Chairman, SSM College of Engineering; Indarjith Mathivaanan, Vice-Chairman, SSM College of Engineering; J C D Prabhakar, MLA and President, All India Chess Federation; D V Sundar Vice President, International Chess Organisation and Abel Daniel, Vice President, Institutional Alliances, NIIT Ltd.

NIIT’s Careers@Campus is an initiative to offer employability enhancing programs to undergraduate students in their own college campus. These programs, mapped to the college calendar, will be delivered through innovative in-campus training modules. The initiative will enhance employability of students through results driven training and will provide them an opportunity to learn from expert trainers.

NIIT’s continuous engagements and placement alliances with the employer organizations ensure that the programs offered under NIIT’s Careers@Campus programs are aligned to industry requirements.

The Employability Enhancement programmes, mapped to industry requirements, are aimed at bridging the gap between academic education and industry needs. Students undertaking the programme will undergo training in critical soft skills like Communication skills, Personal development, Presentation skills etc.


World Chess Champion Viswanathan Anand launches NIIT MindChampions’ Academy at National High School for Boys in Kolkata

Viswanathan Anand
World Chess Champion & NIIT MindChampion

MCA brings to students advantages of technology training combined with the benefits of Chess.



Hemant Sethi
President, School Learning Solutions NIIT Limited

We have innovatively integrated Chess in the curriculum and used technology to enhance learning experience.

- To nurture & develop young minds by introducing them to Chess

Continuing with the objective of promoting Chess in schools, NIIT Limited launched NIIT MindChampions’ Academy (MCA) at National High School for Boys, Hazra Road and National High School for Girls, Deshopriya Park in Kolkata.

The program was unveiled by World Chess Champion & NIIT MindChampion Viswanathan Anand, at both the schools on December 17, 2012. A joint initiative by NIIT & Grand Master Viswanathan Anand, MindChampions’ Academy aims to popularize Chess in schools across India.

NIIT MindChampion & World Chess Champion, Viswanathan Anand inaugurated the revolutionary concept in presence of Mr. S.Radhakrishnan, President, N.R.Iyer Memorial Education Society; Mr. K.R.Sriram-Secretary, N.R.Iyer Memorial Education Society; Mr. R.Jagannathan-Assistant Secretary, N.R.Iyer Memorial Education Society; Anurag Dixit, National Sales Head, School Learning Solutions, NIIT Ltd. and Debdash Bannerjee, Associate Vice President, School Learning Solutions, NIIT Limited.

Studies have established a strong correlation between the game of chess and academic excellence. It has been proved conclusively that Chess improves concentration and diligence, thus building concentration levels and helping students perform better academically.


NIIT launches Graduate Employability Test (GET) to help graduates evaluate job-readiness

Amitabh Lahiri,
President, Individual Learning Solutions, NIIT Limited

Expert counselling and fee waivers on NIIT’s accelerated, placement-backed Diploma programmes will enhance the employability of students.






The nation-wide test on 9th December enabled graduates to match their skills with employee expectations

NIIT, leading Global Talent Development Corporation and Asia’s largest IT trainer, successfully conducted the first Graduate Employability Test (GET) nation-wide on December 09, 2012. GET enables graduates to evaluate their job-readiness and get career consultation based on their test scores.

GET has been designed as a 100-minute objective type examination and aims to assess functional abilities and behavioral traits that make up I.T. aptitude. Every student undergoing the test will receive a personalized graduate employability score-card.

GET test takers get special fee waivers on accelerated, placement-backed Diploma programmes offered by NIIT and a complimentary entry to NIIT's exclusive mega job fair in early 2013. Candidates will also get to be a part of different Employability Seminars conducted by Industry professionals. The assessment is expected to be of particular benefit to graduate students as they will get I.T. career consultation to assess their capabilities. The candidates are also entitled for Windows 8 – First Steps course after completing the test successfully.


NIIT in News



Environment Scan
Cloud hangs over IT channel partners; Economic Times; November 01, 2012
Fiscal sops for software export have hit spread of IT in domestic market ; Hindu Business Line; November 29, 2012
Green IT spending will touch $45 b this year- Gartner; Hindu Business Line; October 03, 2012

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