NIIT Learning Falls 13% As Q2FY27 Revenue Dips, Margin Contracts | CNBC TV18
CNBC-TV18 · 30 Oct 2026 · 5 min
Management interview of NIIT Ltd (NIITLTD), with 5 key numbers discussed.
- Sapnesh Lalla, CEO & ED, NIIT Learning
NIIT Learning reported weaker-than-expected Q2 results caused by consumption compression across four key clients and a sluggish post-vacation demand recovery in the US and Europe. CEO Sapnesh Lalla stated that margins should bounce back by Q4, targeting around 18% for FY27 and 20% in FY28. Revenue guidance for FY27 remains high single digits, with potential for double digits, while FY28 growth is seen above 10%. Revenue visibility increased over 25% year-on-year, supported by signing their largest contract in years, which goes live in late Q3 and Q4.
