NIIT Learning Systems Ltd Reports Impressive Q2 FY 2026 Results
NIIT MTS Highlights for Q2, FY 2026
- Revenue at Rs. 475.7 Cr, up 20% Year over Year and 5% Quarter over Quarter
- EBITDA at Rs. 96.6 Cr, EBITDA margin at 20.3%
- Acquired Germany-based MST Group in July 2025
- Added 3 new MTS clients, totaling 104; Revenue Visibility at USD 409 million
NIIT Learning Systems Limited, recognized as a leader in managed learning services, has announced impressive financial results for the second quarter of the fiscal year 2025-2026, which concluded on September 30, 2025. The company boasts a consolidated Net Revenue of Rs. 475.7 Crores, marking an increase of 5% compared to the previous quarter and an impressive 20% rise when considered year-on-year. The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for this quarter stood at Rs. 96.6 Crores, resulting in an EBITDA margin of 20.3%. The Profit After Tax recorded was Rs. 47 Crores, which includes the effects of transaction-related expenses, and the Earnings Per Share (EPS) reached Rs. 3.43.
The Board of Directors acknowledged these results during their recent meeting. Additionally, during the July to September period, NIIT MTS successfully onboarded 3 new global Managed Training Services (MTS) clients, enhancing their client base to a remarkable total of 104. The strong performance fosters significant revenue visibility, estimated at USD 409 million.
Vijay K. Thadani, the Co-founder, Vice Chairman, and Managing Director of NIIT MTS, expressed satisfaction with the results, remarking, "These results affirm our leading position in AI-driven learning and development, as AI-enabled revenue constituted around 10% of our overall business this quarter. Our ongoing investments in capabilities and market strategies continue to drive substantial growth in the industry."
In a significant move, NIIT MTS completed the acquisition of the MST Group based in Munich, Germany, in July 2025. This esteemed company excels in managed learning services across the DACH region, which includes Germany, Austria, and Switzerland, through NIIT MTS' wholly owned subsidiary. This acquisition will solidify NIIT MTS's presence in Europe's most expansive and rapidly advancing economic region, bolstering market penetration in both the automotive and industrial sectors while enriching their managed learning services with the capabilities of the QuickStart Learning Academy.
The inclusion of Hungary as a nearshore service center will also empower NIIT MTS in offering onsite, multilingual services to their international clientele.
Additionally, in August 2025, NIIT MTS announced a partnership with Sana, a Swedish AI company that recently became part of Workday. This strategic partnership aims to form a dedicated NIIT-Sana Center of Excellence (CoE), which will provide comprehensive professional services throughout the entire value chain of Sana Learn. This innovative AI-native learning platform integrates the features of a Learning Management System (LMS), Learning Experience Platform (LXP), authoring tool, and virtual classroom into a cohesive enterprise, designed for an AI-first learning experience.
According to Sapnesh Lalla, CEO and Executive Director at NIIT MTS, "Despite navigating a volatile macro environment, we achieved a robust quarter characterized by effective execution, new client acquisitions, and enhanced revenue insights. Our AI-first approach is achieving concrete results in operational contexts, and we are expanding these programs to improve learner outcomes." He noted that the acquisition of MST Group strengthens their presence in the DACH territory while adding high-caliber clients and nearshore capabilities to their services.
Awards and Accreditations
- NIIT MTS earned 81 prestigious Brandon Hall Excellence in HCM awards in collaboration with clients.
- Recognized as a Market Leader in Fosway AI Market Assessment 2025 for Digital Learning.
- Accredited Gold Standard by the Learning and Performance Institute for the tenth consecutive year.
- Received the Highly Commended award in Training Initiative of the Year jointly with Unilever at the British Training Awards 2025.
- Named in the 2025 Top 20 Companies in AI Content Creation & Authoring Tools and AI Coaching & Learner Support Tools by Training Industry, Inc., recognizing excellence in the corporate learning and development sector.
About NIIT Learning Systems Limited (NIIT MTS)
NIIT MTS stands as a dependable and award-winning partner for learning and development, serving the world’s foremost companies across more than 30 countries. Founded in 1981, NIIT MTS provides managed learning and strategic consulting services tailored to address the most intricate challenges in talent and workforce transformation. With a commendable Net Promoter Score of 9/10 and a flawless renewal rate, NIIT MTS empowers enterprises to revolutionize their learning ecosystems, amplifying the business impact and value of education.
Frequently Asked Questions
What are the key highlights from NIIT MTS's Q2 FY 2026 results?
Notable highlights include a revenue of Rs. 475.7 Cr, a YoY growth of 20%, and a successful client acquisition strategy increasing the total clients to 104.
Who is Vijay K. Thadani?
Vijay K. Thadani is the Co-founder, Vice Chairman, and Managing Director of NIIT MTS, involved in the strategic direction and growth of the company.
What recent strategic partnerships has NIIT MTS established?
NIIT MTS has partnered with Sana, a Swedish AI company, to create a dedicated Center of Excellence for AI-driven learning solutions.
How has the acquisition of MST Group benefited NIIT MTS?
The acquisition enhances NIIT MTS's market presence in Europe and adds significant clients along with expanded service capabilities in the DACH region.
What accolades has NIIT MTS received recently?
NIIT MTS has earned numerous awards, including 81 Brandon Hall Excellence awards and recognition as a market leader in AI digital learning solutions.
