NIIT Ltd (BOM:500304)

₹ 181.9 -3.6 (-1.94%) Market Cap: 24.65 Bil Enterprise Value: 17.12 Bil PE Ratio: 55.12 PB Ratio: 2.35 GF Score: 64/100

Q4 2023 NIIT Ltd Earnings Call Transcript

May 29, 2023 / 10:00AM GMT

Release Date Price: ₹399.6 (-1.27%)

Transcript

Operator

Ladies and gentlemen, good day, and welcome to the NIIT Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Vijay Thadani, Managing Director and Vice Chairman of NIIT. Thank you, and over to you, sir.

Vijay Kumar Thadani

NIIT Limited - Co-Founder, MD & Executive Vice Chairman

Thank you very much, and good afternoon, everyone, for joining us on this conference call. We are here to discuss 2 important issues. One is the demerger of NIIT Limited, which just got completed to brought it to the next milestones. I'll discuss that in a little bit more detail. After that, we also have the results of the 2 entities that have emerged. NIIT Limited, which is the listed part as of now. NIIT Learning Systems Limited, which is not yet listed, but we will go through those results first, followed by NIIT Limited results, which is the balance business, which is still left in NIIT Limited and has its own growth trajectory.

And we'll also be discussing -- revisiting the strategic

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