DQ Top 20:#84 NIIT Ltd

CEO: Vijay Thadani www.niit.com

NIIT slipped from #61 in FY12 to #84. In FY12, the revenue of `1,260 crore reflects the sale of Element K, whereas its organic revenue from training for the year stands at `993.5 crore. This year, with revenue of `961 crore, NIIT witnessed degrowth. The squeeze in hiring in the IT-BPM industry and companies deferring the joining dates of thousands of fresh graduates have impacted NIIT's revenue. The individual learning solutions market decreased by 4% while the corporate learning solutions grew at 19%.

Highlights

• Acquired five new customers in corporate training
• Offered around 100 courses under the cloud campus