NIIT Technologies, an IT solutions organization, disclosed a sharp rise in consolidated net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 35.5% to Rs 585 million from Rs 432 million in the same quarter previous year.

Revenues for the quarter rose 11% to Rs 6,411 million, compared with Rs 5,776 million for the prior year period.

Operating profits grew 34.5% over same period last year to Rs 1,042 million.

The company added 734 people during the quarter taking the total headcount to 9,228 at the end of the period under review. Rate of attrition declined to 14.30%.

''The quarter witnessed robust 8.9% sequential growth in international geographies which helped maintain operating margins at 16.3% despite wage hikes,'' said Arvind Thakur, CEO and Joint MD, NIIT Technologies.

Business in the US grew 7.7% sequentially contributing to 45% of overall revenues during the quarter. EMEA grew by 4.7% contributing to 35% of the mix, and the revenue share from APAC and India stood at 20%.

Among industry segments, BFSI grew 15.2% sequentially due to growth in new insurance accounts and integration of Incessant. BFSI now contributes to 36% of total revenues, Travel and Transportation to 37%, Manufacturing/Distribution to 6% and Government to 5% of the revenue mix.

Order intake during the quarter was USD 97 million resulting in USD 300 million of order book executable over the next 12 months.

''With the integration of Incessant, the company acquired 15 new significant clients,'' said Sudhir Chaturvedi, COO, NIIT Technologies. ''In all 17 new logos were added during the quarter,'' he added.

''NIIT Technologies has leapfrogged into the emerging Digital Integration space,'' said Rajendra Pawar, chairman NIIT Technologies. ''14% of the company's global revenue is now around Digital Services.''

Shares of the company gained Rs 46.5, or 11.14%, to trade at Rs 463.80. The total volume of shares traded was 336,833 at the BSE (3.30 p.m., Tuesday).