Mumbai : Skill development company NIIT Limited's consolidated net profit for the third quarter of the current fiscal (2016-17) dropped to Rs 6 crore, a regulatory filing by the company showed here on Friday.

The company posted consolidated net profit of Rs 13.7 crore for the corresponding quarter in 2015-16.

The consolidated net profit dropped by 56.20 per cent.

It posted net revenue of Rs 267.3 crore for the third quarter of 2016-17 compared to Rs 262.3 crore during a year ago period.-Agency