Interim report
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October 27, 2026 The Manager BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 The Manager National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051 Subject : Outcome of the Board Meeting held on October 27, 2026 Scrip Code : BSE – 500304; NSE – NIITLTD Dear Sir, We would like to inform that the Board of Directors of the Company in its meeting held on October 27, 2026 has, inter-alia: a) approved both Consolidated and Standalone Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2026 (“Results”) along with Limited Review Reports of the Statutory Auditors. A copy of the said Results along with Limited Review Reports is enclosed herewith, for your information and records. b) Based on recommendation of the Audit Committee, approved the appointment of M/s Price Waterhouse, Chartered Accountants (Firm Registration No. 012754N/ N500016), as the Statutory Auditors of the Company for a term of five consecutive years, from the conclusion of the 44th AGM, proposed to be held in the calendar year 2027, until the conclusion of the 49 th AGM, proposed to be held in the calendar year 2032. The appointment is subject to the approval of the shareholders at 44th AGM and fulfilment of applicable statutory and regulatory requirements. M/s S. R. Batliboi & Associates LLP, the present Statutory Auditors will continue to undertake the audit of the Company until the conclusion of the 44th AGM to be held in the year 2027. Further members may note that the Trading Window for dealing in the securities of the Company shall open for all Designated Persons and their immediate relatives with effect from October 30, 2026. The Board Meeting commenced today at 2:01 p.m. (IST) and concluded at 4:07 p.m.(IST). You are requested to take note of the same and inform your members accordingly. Thanking you, Yours sincerely, For NIIT Limited Arpita B Malhotra Company Secretary & Compliance Officer Encls : a/a nutNIIT Limited Registered Office: Plot No 85, Sector 32, Institutional Area, Gurugram 122 001, (Haryana) India Tel:+91 (124) 4293000 Fax:+91 (124) 4293333 Email: info@niit.com CIN: L74899HR1981PLC107123 www.niit.com
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S.R.Batliboi&AssociatesLLP CharteredAccountants 67,InstitutionalArea Sector44,Gurugram-122003 Haryana,India Tel:+911246816000 IndependentAuditor’sReviewReportontheQuarterlyandYeartoDateUnauditedConsolidate! FinancialResultsoftheCompanyPursuanttotheRegulation33oftheSEBI(ListingObligationsand DisclosureRequirements)Regulations,2015,asamended ReviewReportto TheBoardofDirectors NUTLimited 1.WehavereviewedtheaccompanyingStatementofUnauditedConsolidatedFinancialResultsofNUT Limited(the“HoldingCompany”)anditssubsidiaries(theHoldingCompanyanditssubsidiaries togetherreferredtoas“theGroup”),forthequarterendedSeptember30,2026andyeartodatefrom April01,2026toSeptember30,2026(the“Statement”)attachedherewith,beingsubmittedbythe HoldingCompanypursuanttotherequirementsofRegulation33oftheSEBI(ListingObligationsand DisclosureRequirements)Regulations,2015,asamended(the“ListingRegulations”). 2.TheHoldingCompany’sManagementisresponsibleforthepreparationoftheStatementinaccordance withtherecognitionandmeasurementprincipleslaiddowninIndianAccountingStandard34,(IndAS 34)“InterimFinancialReporting”prescribedunderSection133oftheCompaniesAct,2013as. amended,readwithrelevantrulesissuedthereunderandotheraccountingprinciplesgenerallyaccepted inIndiaandincompliancewithRegulation33oftheListingRegulations.TheStatementhasbeen approvedbytheHoldingCompany’sBoardofDirectors.Ourresponsibilityistoexpressaconclusion ontheStatementbasedonourreview. 3.WeconductedourreviewoftheStatementinaccordancewiththeStandardonReviewEngagements (SRE)2410,“ReviewofInterimFinancialInformationPerformedbytheIndependentAuditorofthe Entity”issuedbytheInstituteofCharteredAccountantsofIndia.Thisstandardrequiresthatweplan andperformthereviewtoobtainmoderateassuranceastowhethertheStatementisfreeofmaterial misstatement.Areviewofinterimfinancialinformationconsistsofmakinginquiries,primarilyof personsresponsibleforfinancialandaccountingmatters,andapplyinganalyticalandotherreview procedures.AreviewissubstantiallylessinscopethananauditconductedinaccordancewithStandards onAuditingandconsequentlydoesnotenableustoobtainassurancethatwewouldbecomeawareof allsignificantmattersthatmightbeidentifiedinanaudit.Accordingly,wedonotexpressanaudit opinion. WealsoperformedproceduresinaccordancewiththeMasterCircularissuedbytheSecuritiesand ExchangeBoardofIndiaunderRegulation33(8)oftheListingRegulations,totheextentapplicable. 4.TheStatementincludestheresultsoftheentitieslistedinAnnexure-A. 5.Basedonourreviewconductedandproceduresperformedasstatedinparagraph3aboveandbasedon theconsiderationofthereviewreportsofotherauditorsreferredtoinparagraph7and8below,nothing hascometoourattentionthatcausesustobelievethattheaccompanyingStatement,preparedin accordancewithrecognitionandmeasurementprincipleslaiddownintheaforesaidIndianAccounting Standards(‘IndAS’)specifiedunderSection133oftheCompaniesAct,2013,asamended,readwith relevantrulesissuedthereunderandotheraccountingprinciplesgenerallyacceptedinIndia,hasnot disclosedtheinformationrequiredtobedisclosedintermsoftheListingRegulations,includingthe mannerinwhichitistobedisclosed,orthatitcontainsanymaterialmisstatement. 6.Wedrawattentiontonote9totheconsolidatedfinancialresults,describingtheimpactoftherestatement ofcomparativefiguresofunbilledrevenuewhichwaspreviouslydisclosedunderOtherfinancialassets insteadofbeingpresentedunderTradereceivables.Ouropinionisnotmodifiedinthismatter. S.R.Batliboi&AssociatesLLP,aLimitedLiabilityPartnershipwithLLPIdentityNo.AAB-4295 Regd.Office:22,CamacStreet,Block‘B’,3rdFloor,Kolkata-700016
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S.R.Batuboi&AssociatesLLP CharteredAccountants 7.TheaccompanyingStatementincludestheunauditedinterimfinancialresultsandotherfinancial information,inrespectofthreesubsidiaries,whoseunauditedinterimfinancialresultsincludetotal assetsofRs.561.31millionasatSeptember30,2026,totalrevenuesofRs.254.46millionandRs.131.68 million,totalnetlossaftertaxofRs.22.40millionandRs.6.56million,totalcomprehensivelossofRs. 22.40millionandRs.6.56million,forthequarterendedSeptember30,2026andtheperiodendedon thatdaterespectively,andnetcashoutflowsofRs.45.98millionfortheperiodfromApril01,2026to September30,2026,asconsideredintheStatementwhichhavebeenreviewedbytheirrespective independentauditors. Theindependentauditor’sreportsoninterimfinancialresultsoftheseentitieshavebeenfurnishedtous bytheManagementandourconclusionontheStatement,insofarasitrelatestotheamountsand disclosuresinrespectofthesesubsidiariesisbasedsolelyonthereportofsuchauditorsandprocedures performedbyusasstatedinparagraph3above. 8.TheaccompanyingStatementincludesunauditedinterimfinancialresultsandotherunauditedfinancial informationinrespectofonesubsidiary,whoseinterimfinancialresultsandotherfinancialinformation reflecttotalassetsofRs.39.43millionasatSeptember30,2026,andtotalrevenuesofRs.NilandRs. Nil,totalnetlossaftertaxofRs.1.19millionandRs.0.75million,totalcomprehensivelossofRs.1.19 millionandRs.0.75million,forthequarterendedSeptember30,2026andtheperiodendedonthatdate respectivelyandnetcashoutflowsofRs.6.95millionfortheperiodfromApril01,2026toSeptember 30,2026. Theunauditedinterimfinancialresultsandotherunauditedfinancialinformationofthesubsidiaries havenotbeenreviewedbyanyauditorandhasbeenapprovedandfurnishedtousbytheManagement andourconclusionontheStatement,insofarasitrelatestotheaffairsofthissubsidiary,isbasedsolely onsuchunauditedinterimfinancialresultsandotherunauditedfinancialinformation.Accordingtothe informationandexplanationsgiventousbytheManagement,thisinterimfinancialresultsisnotmaterial totheGroup. OurconclusionontheStatementinrespectofmattersstatedinpara7and8aboveisnotmodifiedwith respecttoourrelianceontheworkdoneandthereportsoftheotherauditorsandthefinancialresults certifiedbytheManagement. ForS.R.Batliboi&AssociatesLLP CharteredAccountants UDIN:26094524WOLCGB5440 Place:Gurugram Date:October27,2026
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S.R.Batliboi&AssociatesLLP CharteredAccountants Annexure-A ListofentitiesincludedintheconsolidatedfinancialresultsforthequarterendedSeptember30,2026 andyeartodatefromApril01,2026toSeptember30,2026. NUTLimited SubsidiariesofNIITLimited l.iamneoEdutechPrivateLimited(w.e.f.April17,2025) 2.NIITGCLimited,Mauritius 2.1NIITChina(Shanghai)Limited,Shanghai(subsidiaryofentityatserialno.4) 2.1.1ChongqingNIITEnterpriseManagementConsultingCo.Limited,China (subsidiaryofentityatserialno.4.1)(formerlyknownasChongqingAnDao EducationConsultingLimited) 2.1.2NIIT(Guizhou)EducationTechnologyCo.,Limited,China(subsidiaryof entityatserialno.4.1) 2.1.3GuizhouNIITinformationtechnologyconsultingCo.,Limited,China (subsidiaryofentityatserialno.4.1)(closedw.e.f.June13,2025) 3.PTNIITIndonesia,Indonesia(underliquidation) SubsidiariesmergedinNIITLimitedw.e.fJuly01,2026 l.NIITInstituteofFinanceBankingandInsuranceTrainingLimited 2.RPSConsultingPrivateLimited
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NUTLimited RegdOffice:PlotNo.85,Sector-32,InstitutionalArea,Gurugram-122001(Haryana)India Tel:+91(124)4293000Fax:+91(124)4293333Website:http://www.niit.com CorporateIdentityNumber:L74899HR1981PLC107123 Email:investors@niit.com StatementofUnauditedFinancialResultsforthequarterandhalfyearendedSeptember30,2026 ConsolidatedFinancialResults >articulars 3monthsended September30,2026 Preceding 3monthsended June30,2026 Corresponding 3monthsended September30,2025 Yeartodatefigures forthecurrent periodended September30,2026 Yeartodatefigures fortheprevious periodended September30,2025 Previousyearended March31,2026 UnauditedUnauditedUnauditedUnauditedUnaudited*Audited (0(2)(3)(4)(5)(6)(7) income i)Revenuefromoperations982.17956.531,049.451,938.701,890.623,90171 0Otherincome84.67220.34135.55305.01372.64665.61 Totalincome1,066.841,176.871,185.002,243.712,263.264,567.32 2Expenses a)Purchaseofstock-in-trade65.8863,0846.20128.9692.94222.94 >)Changesininventoriesofstock-in-trade1.54(6.20)1.15(4.66)2,53(201) c)Employeebenefitsexpense348.29381.56391.20729.85755.151,53878 d)Professional&technicaloutsourcingexpenses356.34358.97371.65715.31666.431,344.25 e)Financecosts2.222.382.344.604.9510.50 f)Depreciationandamortisationexpenses103.3895.9672.50199.34139.2528956 g)Otherexpenses197.0719595250.97393.02483.7393138 Totalexpenses1,074.721,091.701,136.012,166.422,144.984,335.40 3(Loss)/ProfitbeforeExceptionalitemsandtax(1-2)(7.88)85.1748.9977.29118.28231.92 4Exceptionalitems(net)(Refernote4)(3.50)(15.22)(25.52)(18.72)(44.78)(10954) 5(Loss)/Profitbeforetax(3+4)(11.38)69.9523.4758.5773.50122.38 6Taxexpense -Currenttax1.100.7520.531.8525.866908 -Deferredtaxcharge/(credit)4.97(7.01)(4.15)(2.04)(1.88)(8.08) Totaltaxexpense6.07(6.26)16.38(0.19)23.9861.00 7(Loss)/Profitaftertaxfromcontinuingoperations(5-6)(17.45)76.217.0958.7649.5261.38 8Lossaftertaxfromdiscontinuedoperations(Refernote6)(0.91)(1.02)(0.55)(1.93)(1.06)(2.07) 9(Loss)/Profitaftertaxattributableto(7+8)(18.36)75.196.5456.8348.4659.31 OwnersofParentCompany(21.88)80.8813.73590057.5252.83 NonControllingInterests3.52(5.69)(7.19)(217)(9.06)648 10Othercomprehensiveincome/(loss)(netoftax) (i)Itemsthatwillnotbereclassifiedsubsequentlytoprofitorloss a)Remeasurementofthedefinedbenefitobligation7.8917.003.8024.89(4.18)(194) b)Incometaxeffect(0.01)(0.05)071(0.06)U.7|(0.90) 7.8816.954.5124.83(3.47)(2-84) (ii)Itemsthatwillbereclassifiedsubsequentlytoprofitorloss a)Exchangedifferencesontranslationofforeignoperations9.0510.3514.8919.4012.8949.42 9.0510.3514.8919.4012.8949.42 Total(i+ii)16.9327.3019.4044.239.4246.58 11Totalcomprehensive(loss)/income(9+10) Attributableto: (1.43)102.4925.94101.0657.88105.89 OwnersofParentCompany(5.06)108,1432.97103.0866.659852 NonControllingInterests3.63(5.65)(703)(2.02)(8.77)7.37 12Paid-upequitysharecapital (FacevalueofRs.2each,fullypaid)274.00273.32272.57274.00272.57272.78 12Reservesexcludingrevaluationreserves10,429.02 14(Loss)/EarningsPerShareattributabletoequityshareholdersof parentforContinuingOperations(inRs.): (FacevalueofRs.2/-)(Notannualisedforthequarter) -Basic(0.150.6C0.1C0.440.42041 -Diluted(0.150.550.050.43041040 1.LossPerShareattributabletoequityshareholdersofparentfor DiscontinuedOperations(inRs.): (FacevalueofRs.2/-)(Notannualisedforthequarter) -Basic(0.01(0.01(0.00(0.01(0.00(002) -Diluted(0.01(0.01(0.00(0.01(0.00(002) 16(Loss)/EarningsPerShareattributabletoequityshareholdersof parentforContinuingandDiscontinuedOperations(inRs.): (FacevalueofRs.2/-)(Notannualisedforthequarter) -Basic(0.16)0.550.1)0.4O.40.39 Diluted(0.16)0.530.0?0.40.40.38 *Refernote7
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NUTLimited Particulars oaf ASSETS Non-currentassets Property,plantandequipment Capitalwork-in-progress Goodwill Otherintangibleassets Right-of-useassets Intangibleassetsunderdevelopment Financialassets Investments Otherfinancialassets Deferredtaxassets(net) Incometaxassets(net) Othernon-currentassets Totalnon-currentassets Currentassets Inventories Financialassets Investments Tradereceivables Cashandcashequivalents Bankbalancesotherthanabove Otherfinancialassets Othercurrentassets Totalcurrentassets TOTALASSETS RegdOffice:PlotNo.85,Sector-32,InstitutionalArea,Gurugram-122001(Haryana)India Tel:+91(124)4293000Fax:+91(124)4293333Website:http://www.niit.com CorporateIdentityNumber:L74899HR1981PLC107123 Email:investors@niit.com (Rs.inMillions) ConsolidatedStatementofAssetsandLiabilities EQUITYANDLIABILITIES EQUITY Equitysharecapital Otherequity EquityattributabletoownersofNUTLimited Non-controllinginterests TOTALEQUITY LIABILITIES Non-currentliabilities Financialliabilities LeaseLiabilities Otherfinancialliabilities Deferredtaxliabilities(net) Provisions Othernon-currentliabilities Totalnon-currentliabilities Currentliabilities Financialliabilities Borrowings LeaseLiabilities Tradepayables (a)Totaloutstandingduesofmicroenterprisesandsmallenterprises (b)Totaloutstandingduesofcreditorsotherthanmicroenterprises andsmallenterprises Otherfinancialliabilities Othercurrentliabilities revisions cometaxliabilities(net) Totalcurrentliabilities TOTALLIABILITIES TOTALEQUITYANDLIABILITIES *Refernote9 Asat September30,2026March31,2026 UnauditedAudited* 1,371.121,411.72 4.91- 1,485.741,485.74 524.40543.40 46.1658.16 199.38228.51 105.00 27.2782.49 170.58168.70 291.80392.65 0.620.36 4,121.984,476.73 17.2212.56 6,415.296,454.90 1,071.61860.68 263.30275.15 48.9080.84 292.60197.93 149.26179.52 8,258.188,061.58 12,380.1612,538.31 274.00272.78 10,405.7810,429.02 10,679.7810,701.80 (2.08)(1.51) 10,677.7010,700.29 30.1340.77 296.90363.91 8.1010.38 2.843.44 6.197.38 344.16425.88 3.44 21.2925.31 14.2536.98 476.51543.61 351.61281.72 299.30287.24 195.34231.98 -1.86 1,358.301,412.14 1,702.461,838.02 12,380.16,12,538.31
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Particulars ChangesinAssetsandLiabilities (Decrease)/IncreaseinTradePayables (Decrease)/IncreaseinOtherNonCurrentFinancialLiabilities (Decrease)/IncreaseinOtherCurrentLiabilities (Decrease)/IncreaseinOtherCurrentFinancialLiabilities (Decrease)/IncreaseinShort-TermProvisions (Decrease)/IncreaseinLong-TermProvisions (Increase)/DecreaseinTradeReceivables (Increase)/DecreaseinInventories (Increase)/DecreaseinOtherNonCurrentAssets (Increase)/DecreaseinOtherCurrentAssets (Increase)/DecreaseinOtherCurrentFinancialAssets (Increase)/DecreaseinOtherNonCurrentFinancialAssets Netcashflows(usedin)operationsbeforetax DirectTax-(paidincludingTDS)/refundreceived(net) Netcashflows(usedin)operationsbeforetax Exceptionalexpensespaid Netcashflows(usedin)operatingactivities(A) A.CASHFLOWFROMOPERATINGACTIVITIES: Profit/(Loss)beforeexceptionalitemsandtax FromContinuingOperations FromDiscontinuedOperations Adjustmentstoreconcileprofitbeforetaxtonetcashflows Depreciationandamortisationexpenses Advancesfromcustomerswrittenback Financecosts Interestincomefromdepositswithbanksandfinancialinstitutions Unwindingofinterestincomeonsecuritydepositgiven Unwindingofdeferredincomeonsecuritydeposit/advancesreceived Gainonterminationofleasesandothers(net) Gainonsale/disposalofProperty,PlantandEquipmentandIntangibleassets(net) Netgainonchangesinfairvalueofinvestmentsthroughprofitandloss Allowanceforexpectedcreditlossontradereceivablesandunbilledrevenue(netofreversal) Allowanceforslow/non-movinginventory(netofreversal) Unrealisedforeignexchange(gain)/loss(net) Sharebasedpaymentexpense Operatingcashflowsbeforeworkingcapitalchanges B.CASHFLOWFROMINVESTINGACTIVITIES: PurchaseofProperty,PlantandEquipment(includinginternallygeneratedIntangibleAssets,Capital work-in-progressandCapitalAdvances) ProceedsfromsaleofProperty,PlantandEquipmentandinvestmentproperty EncashmentoffixeddepositsfromBanks(net) Encashment/(placement)ofdepositsfromIwithfinancialinstitutions(net) Proceedsfromsaleofmutualfunds Purchaseofmutualfunds Paymenttowardsacquisitionofbusiness(netofcashacquired) InterestreceivedfromdepositswithbanksandfinancialInstitutions NetCashflowsfrominvestingactivities(B) NUTLimited RegdOffice:PlotNo.85,Sector-32,InstitutionalArea,Gurugram-122001(Haryana)India Tel:+91(124)4293000Fax:+91(124)4293333Website:http://www.niit.com CorporateIdentityNumber:L74899HR1981PLC107123 Email:investors@niit.com ConsolidatedStatementofCashFlows dCashequivalentsasatthebeginningoftheperiod angedifferenceontranslationofforeigncurrencycashandcashequivalents Cashandcashequivalentsasattheendoftheperiod *Refernote9 C.CASHFLOWFROMFINANCINGACTIVITIES: ProceedsfromissueofsharesunderEmployeestockoptionscheme Paymentofprincipalportionofleaseliabilities Paymentofinterestonleaseliabilities Interestpaid s^ares^ Omnonnentre'iinginterests Pa’dtoequityshareholdersofParentCompany Netmmsb(usedin)financingactivities(C) ’lmrNetQeweaseincash&cashequivalents(A)+(B)+(C) Periodended September30,2026September30,2025 UnauditedUnaudited* 77.29118.28 (1-93)(1.06) 199.34139.25 -(1.52) 4.604.95 (21.35)(32.16) (0.38)(0.36) (1.77)(1.56) (2.23)- (4.39)(0.92) (194.81)(229.28) 2.830.64 0.330.34 0.29(0.68) 4.4932.84 62.3128.76 (82.19)122.33 2.630.18 11.5928.83 (17.16)(28.29) (11.75)24.92 (0.64)0.91 (214.14)(251.39) (4.99)2.19 (0.26)(0.07) 30.26(16.89) (61.40)67.57 6.12(2.01) (279.62)(22.96) 94.96(109.25) (184.66)(132.21) (26.27)(28.24) (210.93)(160.45) (113.24)(160.71) 13.682.00 57.87104.92 55.00(50.00) 1,042.391,945.57 (757.97)(1,048.94) -(484.35) 11.9815.26 309.71323.75 25.7328.02 (13.51)(10.96) (2.73)(2.87) -(0.40) -(62.07) (137.07)(136.40) (127.58)(185.28) (28.80)(21.98) 275.15318.92 16.9510.40 263.30Uh307.34
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NUTLimited RegdOffice:PlotNo.85,Sector-32,InstitutionalArea,Gurugram-122001(Haryana)India Tel:+91(124)4293000Fax:+91(124)4293333Website:http://www.niit.com CorporateIdentityNumber:L74899HR1981PLC107123 Email:investors@niit.com NotestotheConsolidatedFinancialResults 1TheaboveresultswerereviewedandrecommendedbyAuditCommitteeandapprovedbytheBoardofDirectorsatitsmeetingheldonOctober27,2026. 2TheconsolidatedfinancialresultshavebeenpreparedinaccordancewithapplicableIndianAccountingStandardsasprescribedundersection133oftheCompaniesAct2013readwithrule3ofthe Companies(IndianAccountingStandards)Rules2015(asamended)andpresentedinaccordancewiththerequirementsofRegulation33oftheSEB!(ListingObligationsandDisclosure Requirements)Regulations,2015(asamended),("ListingRegulations"). 3Duringthequarter,undertheNUTEmployeeStockOptionPlan2005(ESOP-2005),1,064,000optionsweregranted,339,981equityshareswereissued,246,673optionslapsedand9,441,665 optionsremainedoutstandingasonSeptember30,2026. 4Exceptionalitemsinconsolidatedfinancialresults,includethefollowing: Particulars 3monthsended September30, 2026 Preceding 3monthsended June30,2026 Corresponding 3monthsended September30,2025 Yeartodatefigures forthecurrent periodended September30,2026 Yeartodatefigures fortheprevious periodended September30,2025 Previousyearended March31,2026 UnauditedUnauditedUnauditedUnauditedUnaudited*Audited Expenses: ImpactofnewLabourCodes-46.41 Legal,professionalandothercoststowardsSchemeof Amalgamation(Refernote8)-1.76-1.76-9.61 Legal,professionalandothercoststowardsacquisitionof business -1.70-17.4019.93 Legal,Professionalandothernonoperatingcoststowardslegacy taxlitigationmatters3.5013.46-16.96-6.21 Exit-relatedpersonnelcostsinaSubsidiary-23.8227.3827.38 Total3.50I15.2225.5218.7244.78109.54 *Refernote7 5TheGroupisengagedinprovidingEducation&TrainingServicesinasinglesegment.ChiefExecutiveOfficerandChiefFinancialOfficeroftheHoldingCompanyareconsideredasChiefOperating DecisionMakers(CODM)whoevaluatetheperformanceandallocateresourcesbasedontheanalysisofperformanceoftheGroupasawhole.Itsoperationsare,thereforeconsideredtoconstitutea singlesegmentinthecontextofIndAS108-'OperatingSegments'. 6TheGroupdecidednottopursuecertainnewskillscontractsandalsodecidedtodiscontinuecertainoperationsduringthefinancialyear2019-20.Accordingly,thenetresultsfromtheseoperations, includingtaxes,aredisclosedseparatelyinaccordancewithIndAS105-'Non-currentassetsheldforsaleandDiscontinuedOperations’. 7Duringdiepreviousyear,theHoldingCompany,hadacquired70%equityshareholdinginiamneoEdutechPrivateLimited("NEO")onApril17,2025andthefinancialperformanceofNEOhas beenconsolidatedfromthedateofacquisition.Accordingly,theresultsofthesixmonthsperiodendedSeptember30,2026arenotcomparablewiththecorrespondingsixmonthsofperiodended September30,2025. 8TheSchemeofAmalgamationofNIITInstituteofFinanceBankingandInsuranceTrainingLimitedandRPSConsultingPrivateLimitedwithdieHoldingCompanywasapprovedbytheHon’ble NCLTonMay22,2026.TheamalgamationhasbeenaccountedforinaccordancewithAppendixCtoIndAS103,BusinessCombinations,andtheaccountingtreatmentprescribedunderthe approvedScheme.Astheamalgamatingcompanieswerewholly-ownedsubsidiariesofdieHoldingCompany,theamalgamationhasnoimpactontheconsolidatedfinancialresults.Legal, professionalandotherexpensesincurredinconnectionwiththeSchemehavebeenrecognisedasexceptionalexpenses. 9InlinewitharecentopinionoftheExpertAdvisoryCommittee(EAC)oftheInstituteofCharteredAccountantsofIndia(ICAI)onthe“PresentationofUnbilledRevenue”issuedinresponsetoa queryraisedbyanotherparty,theGrouphasreclassifiedunbilledrevenueofRs.287.45MillionasatMarch31,2026from“OtherFinancialAssets”to“TradeReceivables”-within“Financial Assets”.Thecomparativebalancesheetandcashflowstatementhavebeenrestatedaccordingly.Thechangehasnomaterialimpactontheopeningbalancesheetofthecomparativeperiod,henceno thirdbalancesheetispresented. Place:Gurugram Date:October27,2026Vice-Chairman&ManagingDirector
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S.R.Batliboi&AssociatesLLP 67,InstitutionalArea Sector44,Gwugram122003 Haryana,India CharteredAccountants Td:+91124681«M» IndependentAuditor’sReviewReportontheQuarterlyandYeartoDateUnauditedStandalone FinancialResultsoftheCompanyPursuanttotheRegulation33oftheSEBI(ListingObligationsand DisclosureRequirements)Regulations,2015,asamended ReviewReportto TheBoardofDirectors NIITLimited 1.WehavereviewedtheaccompanyingstatementofunauditedstandalonefinancialresultsofNUT Limited(the“Company”)forthequarterendedSeptember30,2026andyeartodatefromApril01, 2026toSeptember30,2026(the“Statement”)attachedherewith,beingsubmittedbytheCompany pursuanttotherequirementsofRegulation33oftheSEBI(ListingObligationsandDisclosure Requirements)Regulations,2015,asamended(the“ListingRegulations”). 2.TheCompany’sManagementisresponsibleforthepreparationoftheStatementinaccordancewith therecognitionandmeasurementprincipleslaiddowninIndianAccountingStandard34,(IndAS 34)“InterimFinancialReporting”prescribedunderSection133oftheCompaniesAct,2013as amended,readwithrelevantrulesissuedthereunderandotheraccountingprinciplesgenerally acceptedinIndiaandincompliancewithRegulation33oftheListingRegulations.TheStatement hasbeenapprovedbytheCompany’sBoardofDirectors.Ourresponsibilityistoexpressa conclusionontheStatementbasedonourreview. 3.WeconductedourreviewoftheStatementinaccordancewiththeStandardonReviewEngagements (SRE)2410,“ReviewofInterimFinancialInformationPerformedbytheIndependentAuditorof theEntity”issuedbytheInstituteofCharteredAccountantsofIndia.Thisstandardrequiresthatwe planandperformthereviewtoobtainmoderateassuranceastowhethertheStatementisfreeof materialmisstatement.Areviewofinterimfinancialinformationconsistsofmakinginquiries, primarilyofpersonsresponsibleforfinancialandaccountingmatters,andapplyinganalyticaland otherreviewprocedures.Areviewissubstantiallylessinscopethananauditconductedin accordancewithStandardsonAuditingandconsequentlydoesnotenableustoobtainassurance thatwewouldbecomeawareofallsignificantmattersthatmightbeidentifiedinanaudit. Accordingly,wedonotexpressanauditopinion. 4.Basedonourreviewconductedasabove,nothinghascometoourattentionthatcausesustobelieve thattheaccompanyingStatement,preparedinaccordancewiththerecognitionandmeasurement principleslaiddownintheaforesaidIndianAccountingStandards(TndAS’)specifiedunder Section133oftheCompaniesAct,2013asamended,readwithrelevantrulesissuedthereunderand otheraccountingprinciplesgenerallyacceptedinIndia,hasnotdisclosedtheinformationrequired tobedisclosedintermsoftheListingRegulations,includingthemannerinwhichitistobe disclosed,orthatitcontainsanymaterialmisstatement. 5.Emphasisofmatter Wedrawattentionbelowtothestandalonefinancialresults: a)Note7(a)regardingtheSchemeofAmalgamationofNIITInstituteofFinanceBanking InsuranceTrainingLimitedandRPSConsultingPrivateLimitedwiththeCompany,as approvedbytheNationalCompanyLawTribunalonMay22,2026.TheCompanyhas accountedfortheamalgamation,inaccordancewithAppendixCofIndAS103‘Business Combinations’i.e.fromthedateonwhichCompanyobtainedcontroloftheamalgamating companies,andaccordingly,thecomparativefinancialinformationforthequarterended September30,2025,yeartodateSeptember30,2025,andyearendedMarch31,2026, presentedinthestandalonefinancialresultshavebeenrestatedtoreflecttheimpactofsuch Scheme. S.H.&Axs-ocuttesLLP,aLimitedPartnershipwithLLPIdentityNo.AAS-4295 Regd,Office;22,CentreStreet,Stock.3rdFlow,Kollude-70C01&
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S.R.Batliboi&AssociatesLLP CharteredAccountants b)Note7(b)describingtheimpactoftherestatementofcomparativefiguresofunbilledrevenue whichwaspreviouslydisclosedunderOtherfinancialassetsinsteadofbeingpresentedunder Tradereceivables. Ouropinionisnotmodifiedinrespectofthesematters. ForS.R.BATLIBOI&ASSOCIATESLLP CharteredAccountants ICAIFirmregistrationnumber:101049W/E300004 UDIN:26094524FTFLQG1902 perYo Partner Membership derSeth .:094524 Place:Gurugram Date:October27,2026
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NUTLimited RegdOffice:PlotNo.85,Sector-32,InstitutionalArea,Gurugram-122001(Haryana)India Tel:+91(124)4293000Fax:+91(124)4293333Website:http://www.niit.com CorporateIdentityNumber:L74899HR1981PLC107123 Email:investors@niit.com StatementofUnauditedFinancialResultsforthequarterandhalfyearendedSeptember30,2026 StandaloneFinancialResults ’articulars 3Monthsended September30,2026 Preceding 3monthsended June30,2026 Corresponding 3monthsended September30,2025 Yeartodatefigures forthecurrent periodended September30,2026 Yeartodatefigures fortheprevious periodended September30,2025 Previousyearended March31,2026 UnauditedUnauditedUnauditedUnauditedUnauditedAudited Restated [Refernote7(a)] Restated (Refernote7(a)] Restated (Refernote7(a)| (1)(2)(3)(4)(5)(6)(7) iIncome i)Revenuefromoperations 0Otherincome 754.17 90.50 785.80 224.65 814.70 142.70 1,539.97 315.15 1,504.56 381.18 3,025.11 692.37 Totalincome844.671,010.45957.401,855.121,885.743,717.48 2Expenses a)Purchaseofstock-in-trade j)Changesininventoriesofstock-in-trade c)Employeebenefitsexpense d)Professional&technicaloutsourcingexpenses e)Financecosts f)Depreciationandamortisationexpenses g)Otherexpenses 58.57 1.54 235.76 311.24 1.84 85.59 168.61 53.57 (6.20) 265.84 321.29 2.03 80.02 168.89 36.30 1.14 288.57 320.48 2.21 56.69 226.19 112.14 (466) 501.60 632.53 3.87 165.61 337.50 74.68 2.53 561.56 599.36 4.71 109.18 441.18 18612 (2.01) 1,104.52 1,196.69 9.73 228.26 846.69 Totalexpenses863.15885.44931.581,748.591,793.203,570.00 3(Loss)/ProfitbeforeExceptionalitemsandTax(1-2)(18.48)125.0125.82106.5392.54147.48 4Exceptionalitems(net)(Refernote4)(3.50)(15.22)(1872)(1.28)(64.69) 5(Loss)/Profitbeforetax(3+4)(21.98)109.7925.8287.8191.2682.79 6Taxexpense -Currenttax -Deferredtaxcharge/(credit) Totaltaxexpense 1.12 1.12 0.92 0.92 14.98 0.73 15.71 2.04 2.04 23.15 0.69 23.84 49.04 (136) 47.68 7(Loss)/Profitaftertaxfromcontinuingoperations(5-6)(23.10)108.8710.1185.7767.4235.11 8Lossaftertaxfromdiscontinuedoperations(Refernote6)(0.91)(1.02)(0.55)(1.93)(106)(2.07) 9(Loss)/Profitaftertax(7+8)(24.01)107.859.5683.8466.3633.04 OwnersofNUTLimited NonControllingInterests (24.01)107.859.5683.8466.81 (0.45) 33.49 (0.45) 10Othercomprehensiveincome/(loss) Itemsthatwillnotbereclassifiedsubsequentlytoprofitorloss a)Remeasurementofthedefinedbenefitobligation b)Incometaxeffect Total 7.8716.824.22 0.60 24.69(3.76) 0.60 (2.78) (069) 7.8716.824.8224.69(3.16)(3.47) 11Totalcomprehensive(loss)/income(9+10) Attributableto: OwnersofNUTLimited NonControllingInterests (16.14) (16.14) 124.67 124.67 14.38 14.38 108.53 108.53 63.20 63.65 (0.45 29.57 30.02 (0.45) 12Paid-upequitysharecapital (facevalueofRs.2each,fullypaid)274.00273.32272.57274.00272.57272.78 13Reservesexcludingrevaluationreserves10,593.65 14(Loss)/EarningsPerShareattributabletoshareholdersforContinuing Operations(inRs.): (FacevalueofRs.2/-)(Notannualisedforthequarter) Basic -Diluted (0.17 (0.17 0.8( 0.7$ 0.0’ 0.0( 0.62 0.61 04C 0.4? 0.27 0.26 i;5LossPerShareattributabletoshareholdersforDiscontinuedOperations (inRs.): (FacevalueofRs.2/-)(Notannualisedforthequarter) -Basic -Diluted (0.01 (0.01 (0.01 (0.01 (0.00 (0.00 <001 (0.01 (0.00 (0.00 (002) (0.02) 1<5(Loss)/EarningsPerShareattributabletoshareholdersforContinuing andDiscontinuedOperations(inRs.): (FacevalueofRs.2/-)(Notannualisedforthequarter) -Basic -Diluted (0.18 (0.18 )0.7 )0.7 90.0 80.0 70.6 50.6 0.4 30.4 70.25 30.24
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NUTLimited RegdOffice:PlotNo.85,Sector-32,InstitutionalArea,Gurugram-122001(Haryana)India Tel:+91(124)4293000Fax:+91(124)4293333Website:http://www.niit.com CorporateIdentityNumber:L74899HR1981PLC107123 Email:investors@niit.com f<5/\A1*1 StandaloneStatementofAssetsandLiabilities AsAt September30,2026March31,2026 ParticularsUnauditedAudited [Refernote7(b)](Refernote7) ASSETS Non-currentassets Property,plantandequipment1,351.541,387.70 Capitalwork-in-progress4.91- Goodwill835.23835.23 Otherintangibleassets408.87439.77 Right-of-useassets20.2635.97 Intangibleassetsunderdevelopment150.56185.09 Financialassets Investments1,070.361,175.36 Otherfinancialassets20.4975.12 Deferredtaxassets(net)125.95125.95 Incometaxassets(net)275.56389.71 Othernon-currentassets0.340.08 Totalnon-currentassets4,264.074,649.98 CurrentAssets Inventories17.2312.57 Financialassets Investments6,378.076,386.14 Tradereceivables697.93560.61 Cashandcashequivalents66.2629.34 Bankbalancesotherthanabove48.9080.84 Otherfinancialassets258.68207.25 Othercurrentassets116.38128.04 Totalcurrentassets7,583.457,404.79 TOTALASSETS11,847.5212,054.77 EQUITYANDLIABILITIES EQUITY Equitysharecapital274.00272.78 Otherequity10,594.1910,593.65 TOTALEQUITY10,868.1910,866.43 LIABILITIES Non-currentliabilities Financialliabilities LeaseLiabilities13.2329.93 Otherfinancialliabilities103.3199.92 Provisions0.800.76 Othernon-currentliabilities6.197.38 Totalnon-currentliabilities123.53137.99 Currentliabilities Financialliabilities Borrowings-3.44 LeaseLiabilities12.5114.27 Tradepayables (a)Totaloutstandingduesofmicroenterprisesandsmallenterprises14.2536.12 (b)Totaloutstandingduesofcreditorsotherthanmicroenterprisesandsmallenterprises382.67449.91 Otherfinancialliabilities85.69148.50 Othercurrentliabilities197.42195.30 Provisions163.26202.81 Totalcurrentliabilities855.801,050.35 TOTALLIABILITIES979.331,188.34 |TOTALEQUITYANDLIABILITIES11,847.5212,054.77
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in NUTLimited RegdOffice:PlotNo.85,Sector-32,InstitutionalArea,Gurugram-122001(Haryana)India Tel:+91(124)4293000Fax:+91(124)4293333Website:http://www.niit.com CorporateIdentityNumber:L74899HR1981PLC107123 Email:investors@niit.com StandaloneStatementofCashFlows Particulars Periodended September30,2026September30,2025 UnauditedUnaudited |Refernote7(b)]Restated (Refernote7) A.CASHFLOWFROMOPERATINGACTIVITIES: Profit/(Loss)beforeexceptionalitemsandTax FromContinuingOperations FromDiscontinuedOperations Adjustmentstoreconcileprofitbeforetaxtonetcashflows Depreciationandamortisationexpenses Advancesfromcustomerswrittenback Allowanceforexpectedcreditlossontradereceivablesandunbilledrevenue(netof reversal) UnrealisedForeignExchange(gain)/loss(net) Financecosts Sharebasedpaymentexpense Interestincomefromdepositswithbanksandfinancialinstitutions Unwindingofdeferredincomeonsecuritydeposit/advancesreceived Unwindingofinterestincomeonsecuritydepositgiven Gainonterminationofleasesandothers(net) Gainonsale/disposalofProperty,plantandequipmentandIntangibleassets(net) Netgainonchangesinfairvalueofinvestmentsthroughprofitandloss Operatingcashflowsfrom/(usedin)beforechangesinworkingcapital Changesinassetsandliabilities Decrease/(Increase)inTradeReceivables Decrease/(Increase)inInventories Decrease/(Increase)inNon-CurrentFinancialAssets Decrease/(Increase)inCurrentFinancialAssets Decrease/(Increase)inOtherNon-CurrentAssets Decrease/(Increase)inOtherCurrentAssets (Decrease)/IncreaseinTradePayables (Decrease)/IncreaseinShortTermProvisions (Decrease)/IncreaseinOtherCurrentLiabilities (Decrease)/IncreaseinOtherNon-CurrentFinancialLiabilities (Decrease)/IncreaseinOtherCurrentFinancialLiabilities Netcashflows(usedin)operationsbeforetax DirectTax-refundreceived/(paidincludingTDS)(net) Netcashflows(usedin)operatingactivitiesbeforeExceptionalItems Exceptionalexpensespaid Netcashflows(usedin)operatingactivities(A) B.CASHFLOWFROMINVESTINGACTIVITIES: PurchaseofProperty,plantandequipment(includingInternallygeneratedIntangibleAssets,Capital work-in-progressandCapitaladvances) ProceedsfromsaleofProperty,plantandequipmentandInvestmentProperty InterestreceivedfromdepositswithBanksandFinancialInstitutions EncashmentoffixeddepositsfromBanks(net) Encashment/(Placement)ofdepositsfrom/withFinancialInstitutions(net) Purchaseofmutualfunds Proceedsfromsaleofmutualfunds Acquisitionofsubsidiary NetcashflowsfromInvestingactivities(B) C.CASHFLOWFROMFINANCINGACTIVITIES: ______ ProceedsfromissueofsharesunderEmployeestockoptionsscheme Paymentofprincipalportiononleaseliabilities// -gSSSSfiMtmentofinterestonleaseliabilitiesH\\\ .,If/\It jpaidU*1i*1 JDt®lel|dpaidtoequityshareholdersV,\JH IIOf\Purcja»fr°mnoncontrollinginterests// usedinfinancingactivities(C) ^♦cgJJjjSlBj|ncrease/(Decrease)incashandcashequivalents(A)+(B)+(C) ^*&SS9CashandcashequivalentsatthebeginningofthePeriod Cashandcashequivalentsasattheendoftheperiod 106.53 (1-93) 165.61 2.10 0.35 3.87 3.02 (20.34) (1.77) (0.30) (2.72) (4.39) (192.35) 92.54 (1.06) 109.18 (1.52) (1.05) (0.91) 4.71 30.89 (30.68) (1.56) (0.27) (0.92) (227.21) 57.68 (139.82) (4.66) 5.49 (22.46) (0.26) 11.66 (81.51) (14.86) 1.66 2.63 (62.69) (27.86) (100.12) 2.53 (3.15) 50.10 0.28 (14.90) 92.59 22.75 (9.22) 0.18 (46.03) (247.14) 112.11 (32.85) (97.09) (135.03)(129.94) (26.27)(1.98) (161.30)(131.92) (74.62) 13.68 10.97 63.64 55.00 (710.48) 960.90 (121.59) 1.82 13.86 118.81 (50.00) (894.85) 1,869.29 (625.03) 319.09312.31 25.73 (7.53) (2.00) (137.07 28.02 (6.57) (2.63) (0.40) (136.40) (62.67) (120.87(180.65) 36.92 29.34 (0.26) 42.58 66.2642.32
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NUTLimited RegdOffice:PlotNo.85,Sector-32,InstitutionalArea,Gurugram-122001(Haryana)India Tel:+91(124)4293000Fax:+91(124)4293333Website:http://www.niit.com CorporateIdentityNumber:L74899HR1981PLC107123 Email:investors@niit.com NotestotheStandaloneFinancialResults:- 1TheaboveresultswerereviewedandrecommendedbyAuditCommitteeandapprovedbytheBoardofDirectorsatitsmeetingheldonOctober27,2026. 2ThestandalonefinancialresultshavebeenpreparedinaccordancewithapplicableIndianAccountingStandardsasprescribedundersection133oftheCompaniesAct2013readwithrule3oftheCompanies(Indian AccountingStandards)Rules2015(asamended)andpresentedinaccordancewiththerequirementsofRegulation33oftheSEBI(ListingObligationsandDisclosureRequirements)Regulations,2015(asamended), ("ListingRegulations"). 3Duringthequarter,undertheNUTEmployeeStockOptionPlan2005(ESOP-2005),1,064,000optionsweregranted,339,981equityshareswereissued,246,673optionslapsedand9,441,665optionsremained outstandingasonSeptember30,2026. 4ExceptionalitemsinStandaloneFinancialResultsincludethefollowing: (Rs.inMillions) Particulars 3Monthsended September30,2026 Preceding 3monthsended June30,2026 Corresponding 3monthsended September30,2025 Yeartodatefigures forthecurrent periodended September30,2026 Yeartodatefigures fortheprevious periodended September30,2025 Previousyearended March31.2026 UnauditedUnauditedUnauditedUnauditedUnauditedAudited Restated [Refernote7(a)] Restated [Refernote7(a)] Restated [Refernote7(a)] Expenses: Legal,ProfessionalandothercoststowardsacquisitionofInvestment----1.282.46 ImpactofnewLabourCodes--46.41 Legal,Professionalandothernonoperatingcoststowardslegacytax litigationmatter3.5013.46-16.96-6.21 Legal,ProfessionalandothercoststowardsSchemeofAmalgamation [Refernote7(a)l-1.76-1.76-961 Total3.5015.22-18.721.2864.69 5TheCompanyisengagedinprovidingEducation&TrainingServicesinasinglesegment.ChiefExecutiveOfficerandChiefFinancialOfficeroftheCompanyareconsideredasChiefOperatingDecisionMakers (CODM)whoevaluatetheperformanceandallocateresourcesbasedontheanalysisofperformanceoftheCompanyasawhole.Itsoperationsare,thereforeconsideredtoconstituteasinglesegmentinthecontextof IndAS108-’OperatingSegments’. 6TheCompanydecidednottopursuecertainnewskillscontractsandalsodecidedtodiscontinuecertainoperationsduringthefinancialyear2019-20.Accordingly,thenetresultsfromtheseoperations,includingtaxes, aredisclosedseparatelyinaccordancewithIndAS105-'Non-currentassetsheldforsaleandDiscontinuedOperations'. 7a)TheSchemeofAmalgamationofNIITInstituteofFinanceBankingandInsuranceTrainingLimitedandRPSConsultingPrivateLimitedwiththeCompany,approvedbytheNCLTonMay22,2026,hasbeen accountedforinaccordancewithAppendixCtoIndAS103,BusinessCombinations,andtheaccountingtreatmentprescribedundertheapprovedScheme.Consequenttotheamalgamation,allassetsandliabilities (includinggoodwill,non-controllinginterestandintangibleassets)asappearingintheconsolidatedfinancialresultshavebeenrecognisedinthestandalonefinancialresults.Accordingly,thestandalonefinancial resultshavebeenrestatedfromApril1,2025,beingthebeginningofthecomparativeperiodpresented.Legal,professionalandotherexpensesincurredinconnectionwiththeSchemehavebeenrecognisedas exceptionalexpenses. b)InlinewitharecentopinionoftheExpertAdvisoryCommittee(EAC)oftheInstituteofCharteredAccountantsofIndia(ICAI)onthe“PresentationofUnbilledRevenue”issuedinresponsetoaqueryraisedby anotherparty,theCompanyhasreclassifiedunbilledrevenueofRs.112.62MnasatMarch31,2026from“OtherFinancialAssets”to“TradeReceivables”within“FinancialAssets”.Thecomparativebalancesheet andcashflowstatementhavebeenrestatedaccordingly.Thechangehasnomaterialimpactontheopeningbalancesheetofthecomparativeperiod,hencenothirdbalancesheetispresented. Place:Gumgram Date:October27,2026Vice-Chairman&ManagingDirector