NIIT Technologies has said that its net profit has risen 22 per cent to Rs. 56.6 crore during the fourth quarter of the financial year 2012-2013 as the company recorded growth in all sectors.

NIIT Technologies, which is based in Noida near the national capital Delhi, had recorded a net profit of Rs. 46.2 crore in the same quarter of the previous financial year 2011-2012. The company’s consolidated revenues recorded an increase of 21 per cent to Rs. 537.2 crore during the quarter from January to March 2013 compared to Rs. 443.5 crore in the same quarter of the 2011-12 financial year.

NIIT Technologies Chief Executive Officer, Arvind Thakur said, “We experienced sequential growth in each quarter of the year, driven by all round expansion in revenues across all geographies and industry segments of focus over the previous year.”

The company’s travel and transportation business segment contributed 40 per cent of the revenues ahead of banking, financial services and insurance (BFSI) at 32 per cent, government at 8 per cent and manufacturing at 7 per cent, according to Mr. Thakur. The US contributed 38 per cent of the revenues, Europe accounted for 37 per cent and Asia Pacific (APAC) and India contributed 25 per cent to the company’s earnings. The company also said that it got fresh orders worth Rs. 605 crore during the quarter.