ADVERTISEMENT
NIIT Technologies Ltd. is confident of maintaining its margin levels even as it sees hiring cost pressures, according to Chief Executive Officer Sudhir Singh.
“Hiring costs have continued to rise. However, we believe that we can sustain margin levels of 18 percent or more on a yearly basis and continue to deliver it,” Singh told BloombergQuint in an interaction.
Key Earnings Highlights (Q3, YoY):
Shares of NIIT Technologies fluctuated between gains and losses before finally ending marginally lower at Rs 1,222. That compared with 0.46 percent advance on the NSE Nifty IT Index.
Watch the full interaction here: