NIIT Learning Systems Q3 FY26: revenue up 19% YoY 2026

What NIIT Learning Systems reported for Q3 FY26

NIIT Learning Systems Ltd (NIIT MTS) reported higher consolidated income and profit for the quarter ended December 2025 (Q3 FY 2025-26). The company announced the Q3 FY26 results on January 29, 2026. For the quarter, total income rose both sequentially and year-on-year, while profit after tax grew sharply quarter-on-quarter. Expenses also increased on both comparisons, with year-on-year expense growth outpacing income growth.

The update matters for investors tracking the corporate training and managed training services space, where deal wins, client additions, and margins can shift quarterly outcomes. The numbers also follow a softer Q2 FY26 profit trend, making Q3’s rebound in profit and EPS a key datapoint.

Revenue growth: 5.4% QoQ and 18.9% YoY

During Q3 FY26, NIIT Learning Systems reported total income of ₹510.12 crore. This was a 5.4% quarter-on-quarter increase from ₹484.04 crore in Q2 FY26. On a year-on-year basis, total income rose 18.9% from ₹429.18 crore in Q3 FY25.

In a separate set of highlights shared for NIIT MTS for the October to December 2025 quarter, the company reported consolidated net revenue of ₹499.7 crore, up 5% QoQ and 19% YoY. The article data includes both figures, and they are presented as reported.

Expenses: up 4.3% QoQ and 24.0% YoY

Total expenses for Q3 FY26 were ₹426.19 crore. This was higher than ₹408.71 crore in Q2 FY26, implying 4.3% quarter-on-quarter growth. Compared with ₹343.68 crore in Q3 FY25, expenses increased 24.0% year-on-year.

The faster YoY rise in expenses than income is a point investors typically monitor closely, since it can influence operating leverage. However, profit still improved strongly in Q3 FY26, supported by higher pre-tax and post-tax earnings compared with the previous quarter.

Profit before tax rose 36.8% QoQ

Profit before tax (PBT) stood at ₹94.82 crore in Q3 FY26. This marked a 36.8% increase from ₹69.30 crore in Q2 FY26. On a year-on-year basis, PBT increased 16.7% from ₹81.28 crore in Q3 FY25.

The scale of the quarter-on-quarter jump in PBT contrasts with Q2 FY26, when PBT declined 5.1% QoQ. The Q3 FY26 movement therefore indicates a clear sequential improvement in profitability on the reported numbers.

PAT climbed 58.3% QoQ; EPS rose to ₹5.28

Profit after tax (PAT) for Q3 FY26 came in at ₹74.34 crore. This was up 58.3% compared with ₹46.96 crore in Q2 FY26. PAT was also higher by 20.4% versus ₹61.73 crore in Q3 FY25.

Earnings per share (EPS) increased to ₹5.28 in Q3 FY26 from ₹3.35 in Q2 FY26, reflecting 57.6% QoQ growth. On a year-on-year basis, EPS rose 20.8% from ₹4.37 in Q3 FY25.

In the NIIT MTS highlights for the same quarter, PAT was stated at ₹74.3 crore and EPS at ₹5.42, alongside the note that PAT was up 58% QoQ and 20% YoY.

EBITDA figures cited in the reported highlights

The financial highlights section in the provided data states EBITDA of ₹117.81 crore for Q3 FY26. Separately, NIIT MTS highlights for Q3 FY26 reported EBITDA at ₹103.8 crore and an EBITDA margin of 21%, up 46 basis points QoQ. Both EBITDA figures are included here as they appear in the source text.

Client additions and revenue visibility

Alongside the quarterly performance update, NIIT MTS reported adding four new MTS clients during the quarter. This took the total client tally to 107 by the end of the period.

The company also disclosed revenue visibility of USD 415 million. Such disclosures are commonly tracked by investors as an indicator of contracted or anticipated business, but the article text reports the figure without further breakdown.

How Q3 compares with Q2 FY26

Q2 FY26 was reported with total income of ₹484.04 crore, up 4.2% QoQ and 18.0% YoY. However, profitability in Q2 FY26 was weaker on a sequential and annual basis, with PAT at ₹46.96 crore, down 4.7% QoQ and 17.7% YoY, and EPS at ₹3.35.

Against that base, Q3 FY26 shows a continuation of strong revenue growth and a sharp rebound in PAT and EPS. The contrast between Q2 and Q3 helps explain why the Q3 print may be read as a recovery quarter for earnings momentum.

Key financial snapshot (₹ crore)

What the update means for investors tracking NIIT Learning Systems

The Q3 FY26 numbers show that NIIT Learning Systems maintained high-teen year-on-year growth in income while also delivering a materially higher quarter-on-quarter profit. At the same time, expenses grew faster than income on a YoY basis, which is a metric investors often evaluate alongside margin and EBITDA disclosures.

Operational updates such as the addition of four new MTS clients (taking the tally to 107) and the stated revenue visibility of USD 415 million add context to the quarter’s financial outcome. For market participants, the combination of income growth, a sharp sequential profit rise, and client metrics forms the core of the Q3 FY26 story based on the reported data.

Conclusion

NIIT Learning Systems’ Q3 FY26 results reported total income of ₹510.12 crore, up 5.4% QoQ and 18.9% YoY, while PAT rose to ₹74.34 crore and EPS increased to ₹5.28. The quarter also included disclosures on client additions and revenue visibility, alongside EBITDA figures as reported in the provided highlights. Further clarity typically comes as companies continue periodic disclosures through exchange filings and board-recorded results updates, such as those noted for late January 2026.