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NIIT allots shares under ESOP

The board of directors of NIIT, allotted 56,250 equity shares of Rs 2 on Oct. 29, 2008 to employees in accordance with the terms of ESOP 2005.

The company registered a 3.59 times growth in net profits to Rs 212.50 million for the quarter ended in September 2008 from a profit of Rs 59.20 million for the quarter ended in September 2007.

Net sales rose 21.04% to Rs 1,527.80 million for the quarter ended September 2008 from Rs 1,262.20 million for...

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