Insight July'2008

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<= /TH>	Q1 (April-June 2008)	Insight@NIIT:Vol.1	= Investor Communication	Contents

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Contents<= /DIV>


Quarter1=20 (April-June'2008) Highlights
NIIT=20 in News
Campaigns
Environment=20 Scan
	Please click here to download = or view=20 complete NIIT Investor=20 presentation

NIIT Limited Q1 = (Apr-Jun=20 ‘08) Consolidated Results 2008-09

Rajendra S.=20 Pawar
Chairman
NIIT Limited=20

O= ur drive=20 to develop global talent has been strengthened wit= h=20 launch of the JV with Genpact for the BPO sector.<= /TD>

Vijay K.=20 Thadani
CEO
NIIT Limited=20

S= trong=20 enrollments coupled with significant wins in schoo= ls and=20 corporate learning solutions led to a record order= =20 intake of Rs. 500 Cr. Accelerating revenue growth= =20 resulted in operating profit improvement of 29%.

P=20 Rajendran
COO
NIIT Limited=20

W= ith new=20 offerings and addition of a record 2,124 schools, = School=20 Learning Solutions has strengthened its leadership= =20 position.

System-wide Revenue up 25% Y= oY at=20 Rs. 366.4 Cr
Operating Profit up 29% YoY =
Global Career Enrollments up= =20 28%=20
Fresh Order Intake crosses R= s. 500=20 Cr

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NIIT=20 Limited Consolidated Financial= s at a=20 Glance (in Rs. Cr.)
	Qtr ended Jun 30= , 07	Qtr ended Jun 30, 08	Growth YoY
Global Sys= tem-wide=20 Revenue	293.5	366.4	25%
Net=20 Revenue	225.4	259.5	15%
Operating= =20 Profit	14.5	18.7	29%
Profit Aft= er=20 Tax	15.4	17.0	10%

For the first quarter ending June 30,= 2008,=20 NIIT Limited, the leading Global Talent Corporation has= =20 recorded net revenue of Rs. 259.5 Cr, representing a 15%= =20 increase YoY. Operating Profit grew 29% to Rs. 18.7 Cr. = The=20 company reported Profit After Tax at Rs. 17.0 Cr versus = Rs.=20 15.4 Cr recorded during the previous year.

NIIT Limited recorded 25% growth in g= lobal=20 system-wide revenue, which stood at Rs. 366.4 Cr, for th= e=20 quarter.

The results were taken on record at t= he=20 meeting of the Board of Directors of NIIT Limited here=20 today.

During the first quarter of FY 2008-0= 9, NIIT=20 launched NIIT Institute of Process Excellence — a = JV with=20 Genpact, to create talent pool for Business & Techno= logy=20 Services industry. The new company will offer programs i= n=20 business processes, language skills and business=20 communication, followed by other areas including finance= and=20 accounting, banking, insurance and supply chain manageme= nt.=20 NIIT Institute of Process Excellence programs are design= ed for=20 students aspiring to build sustainable careers in the hi= gh=20 growth business and technology services industry.

Overall Individual Learning Solutions= =20 enrollments crossed the 1,00,000 mark during the quarter= .

Individual Learning Solutions in IT r= ecorded=20 growth in net revenue of 34% YoY backed by 28% growth in= =20 global career enrollments. During the quarter, NIIT expa= nded=20 presence in key global markets including China and Afric= a.=20

India career enrollments grew by 25% = driven=20 by strong response from the graduates and engineers segm= ents.=20 In the domestic market, NIIT added 12 new centres in the= =20 quarter and expanded seat capacity by 15% YoY.

In China, NIIT set up state-of-the-ar= t model=20 training facilities in Tiandi Software Park in Dalian, a= nd=20 started its model learning centre in Chongqing. This too= k the=20 overall tally of NIIT centres in China to 177 across 24= =20 provinces.

Finance & Management Training (FM= T)=20 recorded 104% growth in net revenue. The FMT business ex= tended=20 its reach to 22 locations across the country, by setting= up=20 new state-of-the-art learning facilities in Jamshedpur,= =20 Ludhiana and Jaipur.

With the addition of two new executiv= e=20 management programs for family owned businesses and fron= tline=20 managers, FMT has extended its offering to 22 programs a= nd 6=20 partner institutes.

For the BFSI sector, FMT enhanced its= =20 offering in Insurance and Financial Planning taking the = total=20 to 6 programs while adding new banks as its partners.

School Learning Solutions show robust= growth=20 of 42% in net revenue driven by strong demand for its=20 solutions from Government and Private schools. During th= e=20 quarter, NIIT received mandate to provide computer aided= =20 education in more than 2,000 State Government Schools in= =20 Andhra Pradesh. The company also received order extensio= ns in=20 Chattisgarh and Bihar. In private schools, NIIT has=20 strengthened its offering with the launch of MathLab and= =20 Education Resource Planning Solutions for schools.

Fresh Order Intake crosses Rs. 500 Cr= during=20 the quarter
This included a fresh order intake of mo= re=20 than Rs. 200 Cr for IT and IT enabled education from sch= ools=20 and USD 39.2 million for its Corporate Learning=20 Solutions.

ACKNOWLEDGEMENTS

NIIT’s innovative Smar= t Science=20 Station-Computer Aided eXperience (CAX) kit was awarde= d=20 ‘Letter of Commendation’ by UNESCO at its = Annual Convention=20 on ‘Innovative Practices in ICT in EducationR= 17;.=20
NIIT received prestigious &#= 8216;Digital=20 Opportunity Award’ at World Congress on IT (WCIT= ) 2008 for=20 its path-breaking Hole-in-the-Wall Education=20 initiative.=20
In line with its commitment = to=20 harness talent pool from semi-urban India, NIIT laid t= he=20 foundation of its second District Learning Centre (DLC= ) at=20 Barkuhi, near Chhindwara, MP. This is NIIT’s sec= ond DLC in=20 the region.

NIIT strengthens= China=20 presence with the addition of new state-of-the-art model= =20 centres in Dalian & Chongqing

Prakash Menon=20
President
NIIT China=20

W= e have=20 been closely involved with China for the last 10 y= ears=20 for developing IT talent. The addition of our new= =20 state-of-the-art model centres in Dalian & Cho= nqing=20 will further contribute towards this purpose and h= elp=20 produce ‘Global Professionals’ for tom= orrow.

NIIT made significant announcements, = in its=20 endeavour to develop Human Capital Infrastructure for th= e IT=20 sector in China. NIIT signed a Memorandum of Understandi= ng=20 (MoU) with Shui On to set up state-of-the-art model trai= ning=20 facilities inside the upcoming Tiandi Software Park bein= g=20 built by the leading Chinese real estate developer in Da= lian,=20 an IT hub. At the same time NIIT also commenced operatio= ns=20 from its model centre in Chongqing.

The new model c= entres=20 together are expected to train over 2000 professionals i= n the=20 first year and about 10,000 students annually by 2010. T= he=20 NIIT model centres in Dalian & Chongqing will offer= =20 globally acclaimed IT training programs.


	NIIT HiWEL recei= ves=20 ‘Digital Opportunity Award’ at WCIT 2008
	First Indian co= mpany to=20 receive this prestigious recognition by World Informatio= n=20 Technology and Services Alliance (WITSA), for its innova= tive=20 efforts in spreading computer education in remote areas = and=20 improving quality of education. Hole-in-th= e-Wall=20 Education Ltd. (HiWEL)—an initiative of NIIT, a le= ading Global=20 Talent Development Corporation and International Finance= =20 Corporation—has been conferred the coveted ‘= Digital=20 Opportunity Award’ for its path breaking work in s= preading=20 computer literacy and improving the quality of education= at=20 the grass root levels, by the World Information Technolo= gy and=20 Services Alliance (WITSA). Mr. Phil Bond, Presid= ent=20 Information Technology Association of America (ITAA) gav= e away=20 the award to NIIT CEO Vijay K Thadani at 16th World Cong= ress=20 on IT (WCIT) 2008 Awards’ Ceremony—the annua= l congregation of=20 world’s leading technology companies and associati= ons held at=20 Kuala Lumpur. WITSA Global ICT Excellence Awards = held=20 every two years, aim at identifying and honouring the mo= st=20 outstanding users of Information and Communication Techn= ology.=20 NIIT (HiWEL) has been honoured for its commitment and ef= forts=20 to help underserved groups bridge the digital divide, by= =20 offering exciting and effective education and learning=20 experiences through innovative technologies in remote ar= eas.=20 Jaipur gets its first Playground Lear= ning=20 Centre from HiWEL Hole-in-the-Wall Education Ltd. (HiWE= L), in=20 partnership with Jaipur Municipal Corporation (JMC) and= =20 Rajasthan Council of Elementary Education (RCEE) have=20 dedicated 5 Playground Learning Centers (PLC) to the sch= ool=20 kids of Jaipur. HiWEL is a joint venture between NIIT, a= nd the=20 International Finance Corporation, a World Bank Affiliat= e.=20 HiWEL PLCs provide free and unsupervi= sed=20 access to computers for children belonging to economical= ly and=20 socially marginalized populations, in remote rural locat= ions=20 and urban slums. HiWEL PLCs come with the unique Minimal= ly=20 Invasive Education approach and encourage children to ta= ke=20 responsibility for their own learning. As part of the=20 agreement, HiWEL will set up 200 such PLCs with 400 comp= uters=20 in 200 low-income schools in and around slum locations i= n=20 Jaipur.

Union Minister Kamal Nath and leading=20 technology companies converge at NIIT Centre in=20 Chhindwara

Kamal Nath Hon'ble=20 Union Minister for Commerce & Industry=20
Government of India

I= am happy=20 to see the industry come forward for nurturing the= =20 inherent talent base in rural India. NIIT’s = Model DLC in=20 Chhindwara will go a long way in inducting our you= th=20 into the mainstream industry.

Following its comm= itment to=20 harness talent pool from semi-urban India, NIIT, announc= ed the=20 setting up of its 2nd District Learning Centre in Chhind= wara.=20 Hon’ble Union Minister for Commerce & Industry= Mr. Kamal=20 Nath had laid the foundation stone for NIIT’s new = District=20 Learning Centre in neighbouring Barkuhi town in Chhindwa= ra=20 district. The Minister was joined by Mr. R Sivakumar, Ma= naging=20 Director, Sales & Marketing, South Asia, Intel; Mr. = Harish=20 Krishnan, Director, Global Policy & Government Affai= rs,=20 Cisco India; Mr. Rajendra S. Pawar, Chairman, NIIT; Mr. = Vijay=20 K. Thadani, CEO, NIIT, and senior representatives from l= eading=20 IT organizations like Cisco, IBM, Infosys, TCS, and Wipr= o, to=20 flag off the 2nd DLC, and address at the 1st Convocation= =20 Ceremony at NIIT DLC in Chhindwara. Students passing out= of=20 the first batch of NIIT Chhindwara were awarded their=20 certificates by the Minister.

Genpact-NIIT JV = to Create=20 Skilled Talent Pool for
Business &Technology=20

Ashish=20 Basu
President
New Business=20 Incubation

N= IPE, a=20 landmark initiative by NIIT and Genpact is a blend= of=20 strengths of both the partners aimed at providing= =20 extensive training curriculum for aspirants and=20 employees of business services and technology comp= anies.=20 By offering a large talent pool of professionals w= ith=20 business processing knowledge, NIPE seeks to cater= to a=20 strong demand for professionals in this arena.

NIIT Institute of Process Excellence to = Offer=20 Training Programs in Business Process ServicesGenpact (N= YSE:=20 G), which manages business processes for companies aroun= d the=20 world, and NIIT have formed a joint venture — NIIT= Institute=20 of Process Excellence Ltd — to address the increas= ing demand=20 for skilled workers in the business & technology ser= vices=20 industry by providing training programs in relevant area= s. The=20 new company will initially offer training programs in ar= eas=20 such as business processes, language skills and business= =20 communication, and intends to add additional offerings i= n=20 other areas including finance and accounting, banking,=20 insurance and supply chain. NIIT Institute of Process=20 Excellence is designed for students aspiring to build=20 sustainable careers in the high growth business and tech= nology=20 services industry.The joint venture was announced by Mr.= =20 Pramod Bhasin, Vice Chairman, NASSCOM and President &= ; CEO,=20 Genpact; Mr. Rajendra S. Pawar, Chairman, NIIT; and Mr. = Vijay=20 K. Thadani, CEO, NIIT.Mr. Bhasin said, “This is a = significant=20 milestone that we believe will benefit not only Genpact,= but=20 the entire business and technology services industry. Ge= npact=20 and NIIT are committed to building a world class trainin= g=20 organization that will focus on developing talent and=20 increasing employability to meet the growing demand for = a=20 skilled workforce in the countries where we operate.R= 21;Sharing details about the training facil= ities,=20 NIIT CEO Vijay K. Thadani said, “NIIT Institute of= Process=20 Excellence training programs will be offered to students= =20 through our state-of-the-art learning centers in key met= ros,=20 mini metros and Tier II towns in India, followed by Chin= a and=20 the Philippines”.

UNESCO recogniti= on for=20 NIIT’s Innovation in ICT in Education

P=20 Rajendran
COO
NIIT Limited=20

W= e are=20 delighted that NIIT has brought India on the globa= l map=20 of Innovation in ICT in Education.

NIIT has been honoured for its=20 state-of-the-art ‘Smart Science Station—Comp= uter Aided=20 eXperience Kit’—at UNESCO’s Annual Con= vention on ‘Innovative=20 Practices in ICT in Education’, at Bangkok=20 recently.

‘Smart Science Station—Comp= uter Aided=20 eXperience (CAX)’ kit, part of NIIT’s eGuru = solution, is a=20 breakthrough innovation in teaching strategies for Scien= ce in=20 schools. The kit enhances learning capabilities of child= ren by=20 making Science fun and interesting, thus improving acade= mic=20 performance. The innovative learning solution has alread= y been=20 installed in 50 schools across the country and has recei= ved=20 encouraging response from teachers and students.

NIIT enters into= a=20 strategic alliance with Infospectrum

L.=20 Balasubramanian
President
School Le= arning=20 Solutions
NIIT Limited

<= /TR>

T= his=20 project has taken NIIT’s total presence to 2= 663 schools=20 in the State of Andhra Pradesh alone. NIIT will al= so=20 train over 50,000 AP Government school teachers in= the=20 next 5 years as part of this new engagement.

Viswanathan=20 Anand
Grandmaster

NIIT=20 MindChampions Academy is a unique initiative to pr= ovide=20 a platform to young minds to get initiated into th= e Game=20 of Chess.

NIIT signed an agreement with Infospe= ctrum, a=20 global software product development and technology servi= ces=20 enterprise, to offer highly customizable Educational Res= ource=20 Planning Solutions in schools. Following this alliance, = NIIT’s=20 School Learning Solutions will extend its current offeri= ng for=20 schools, to include Educational Resource Planning, thus = making=20 it a completely integrated solutions provider for school= s.=20 Infospectrum will continue to undertake research & p= roduct=20 development for these state-of-the-art solutions.

An agreement to this effect was= signed=20 between Mr. L. Balasubramanian, President -NIIT’s = School=20 Learning Solutions and Mr. Jay Chopde, CEO& Founder-= =20 Infospectrum. The strategic alliance results in offering= =20 ‘Quick SchoolTM’ an Educational Resource Pla= nning tool for=20 schools. QuickSchoolTM is an integrated and comprehensiv= e=20 solution that spans across all functional requirements a= nd=20 departments of educational institutions.

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NIIT to implement computer education = across=20 2005 Schools in Andhra Pradesh

Having successfully provided school l= earning=20 solutions in over 663 government schools of Andhra Prade= sh in=20 the last five years, NIIT has now received the Letter of= =20 Intent to provide computer and computer aided education = in=20 additional 2,005 schools in Andhra Pradesh, at a value o= f Rs.=20 1728 Million.

NIIT will cover over 4.2 million chil= dren=20 across 2005 schools in the state of Andhra Pradesh over = a=20 period of five years.

NIIT has been at the forefront of pro= viding=20 computer education in the state of Andhra Pradesh since = 2002.=20 This project further strengthens NIIT’s leadership= in the=20 School Learning Solutions space.

NIIT bags new orders to impart comput= er=20 education to 1.9 million school students in Bihar and=20 Maharashtra

NIIT has received the mandate for pro= viding=20 computer and computer aided education to 1.9 million stu= dents=20 in 900 State Government Schools in Maharashtra and Bihar= . As=20 per two back to back orders bagged by its School Learnin= g=20 Solutions Business, NIIT will train nearly 1.3 million=20 students in 500 State Government Schools in Maharashtra,= and=20 600,000 children in 400 Schools in Bihar, in the next fi= ve=20 years.

NIIT’s comprehensive learning s= olutions will=20 be provided from classes 8 to 12 in specified Secondary = and=20 Higher Secondary Government Schools on turnkey basis mod= el. As=20 per the agreement with Bihar State Electronics Developme= nt=20 Corporation (BSEDC), NIIT will also provide a dedicated = Help=20 Desk in Patna to log in calls and enable smooth implemen= tation=20 and running of the project.

World Chess Champion Viswanathan Anan= d flags=20 off NIIT MindChampions Academy 2008-09 Series, nationall= y

Anand addresses students live across = 12=20 cities, and unveils the MCA trophy

Signifying the nationwide launch of &= #8216;NIIT=20 MindChampions Academy (MCA) 2008-09 Series’, World= Chess=20 Champion Viswanathan Anand flagged off the popular Chess= =20 initiative, by unveiling the horse head shaped ‘Ch= ess Master’=20 mascot, while engaging in a technology driven workshop w= ith=20 school students and media, across 12 Indian cities.

Welcoming Anand, and the= children,=20 Mr P Rajendran, Chief Operating Officer, NIIT said, R= 20;NIIT has=20 been developing talent globally, by equipping the youth = with=20 skills necessary for the knowledge economy. The NIIT Min= d=20 Champions Academy aims at exposing young minds to the Ga= me of=20 Chess to enable their all-round growth and better=20 performance”.

Nearly 300 school = children=20 participated in the live tutorial by Anand, and witnesse= d the=20 MCA launch ceremony across—Ahmedabad, Bangalore, B= hubaneshwar,=20 Chandigarh, Chennai, Hyderabad, Kolkata, Mumbai, Nagpur,= New=20 Delhi, Pune and Vishakhapatnam—facilitated by NIIT= Imperia’s=20 synchronous learning technology. Anand gave playing tips= to=20 young Chess enthusiasts and responded to their queries, = using=20 NIIT Imperia’s national network which is being use= d by premier=20 business schools such as the IIMs (Ahmedabad, Indore, Ko= lkata)=20 and others, to offer their executive management educatio= n=20 programs to working professionals across the=20 country.

NIIT launches Ko= lkata’s=20 first ‘NIIT eGuru Math Lab’

<= /TABLE>

Dr. Smarajit=20 Dey
President
Strategic=20 Initiatives
NIIT Limited

N= IIT’s=20 Finance & Management Training Business has enr= iched=20 its portfolio through new partnerships, and is ext= ending=20 reach to Tier II & III towns, for developing t= alent=20 for emerging sectors.

Launching a breakthrough initiative t= hat aims=20 at making the vital subject of mathematics simpler, easi= er and=20 fun to learn to school students, NIIT installed the firs= t=20 ‘NIIT eGuru Math Lab’, at Ballygunge Shiksha= Sadan in=20 Gariahat, Kolkata. This also marks the establishment of = the=20 first such Math Lab in the city of Kolkata.

CBSE, the apex = body for=20 secondary education in schools had issued directives to = all=20 schools following the CBSE curriculum, to install a Math= Lab=20 for promoting the subject.

Imperia brings Management Programs fr= om=20 country’s premier B-Schools for Executives in Jams= hedpur

NIIT launched the NIIT Imperia, Centr= e for=20 Advanced Learning in Jamshedpur with the principal aim t= o=20 bring executive management programs from country’s= premier=20 B-schools for working professionals in the city. NIIT=20 Imperia’s state-of-the-art learning centre will br= ing short=20 and long term programs in general and functional managem= ent=20 from prestigious institutions such as the IIMs—Ahm= edabad,=20 Calcutta, Indore & Lucknow; IMT Ghaziabad, and IIFT = New=20 Delhi.

The new centre will use the innovativ= e=20 Synchronous Learning technology enabling the classroom t= o be=20 connected live with the faculty teaching at=20 institutes.

The content, teaching and certificati= on for=20 the programs being offered through NIIT Imperia, is from= the=20 management institutions, while the technology, synchrono= us=20 classrooms across the country, and the management of the= =20 distributed education system is being provided by NIIT.<= /P>

CII and NIIT joi= n hands=20 for ICT development in Africa

G=20 Raghavan
President
Individual Learn= ing=20 Solutions
NIIT Limited

T= hrough=20 strategic alliance of NIIT with CII we aspire to=20 cultivate talent in Africa by extending state-of-t= he-art=20 educational resources for the global IT industry. = Our=20 joint efforts are aimed at exploring the modalitie= s of=20 embedding the IT education and targeting possibili= ties=20 of Talent Development in Africa.

CII, India's apex industry body and N= IIT have=20 formed an alliance to help create ICT infrastructure and= =20 foster International Software Talent in the African cont= inent.=20 As part of this capacity building and skill development= =20 endeavor, NIIT and CII will share high quality education= =20 resources from India and involve other appropriate playe= rs=20 from the Indian industry to help Africa develop human ca= pital=20 for the global IT industry.
As part of the agreement= , NIIT=20 will provide relevant IT curricula in line with internat= ional=20 IT trends, and content for IT, soft skills and=20 entrepreneurship for training in Universities and Colleg= es in=20 Africa. CII on the other hand will facilitate internship= with=20 the Indian industry.

NIIT and CII will work together and w= ill=20 consider including NIIT's industry endorsed IT training= =20 programs in the curriculum of universities and colleges = in=20 Africa, under its 'NIIT Inside' model. Both organization= s will=20 also look at possibilities of establishing 'Centers of=20 Excellence' for Talent Development in different African= =20 countries.

NIIT in=20 News

<= /TR>

CII, NIIT to give Africa an = edge in=20 IT, The Financial Express, April 17,=20 2008
Experimenting with Maths, Hi= ndustan=20 Times, April 23, 2008
Indian trainer makes IT happ= en for=20 the Chinese, The Hindu, April 20,=20 2008
Climbing Ladders, Hindustan = Times,=20 May 28, 2008
Anand's tips makes them happ= y, The=20 Times of India, May 10, 2008
NIIT wins Digital Opportunit= y Award,=20 The Financial Express, May 29,=20 2008
Nath, lead technology companie= s=20 converge at NIIT Centre, DNA Money, May = 28,=20 2008


		Campaigns=

Environment=20 Scan

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IDC sees 9.5% growth in=20 manufacturing IT spends- July 2, The Hin= du=20 Business Line
IT MNC's to hire 40, 000 in = India-=20 The Times of India, April 24
IT sector grows 28% in 2007-= 2008,=20 says Nasscom- The Times of India, July=20 10
IT boosts companies' profits= by 30%=20 - Business Standard, May 6
IT industry to expand footpr= int -=20 The Times of India, June 16
IT spend by small, medium co= s set to=20 rise 22%: Study - The Hindu Business Line, A= pril=20 4

	For further queries, please write=20 to
	mailto:prateek.chatterjee@niit.com?subject=3DInvestor=20 Relations or contact the Editor at- prateek.chatterjee@niit.com