Corporate learning solutions continue to show diverging trends with discretionary spend items namely, custom content and print learning products remaining soft. With 50% revenue coming from these two segments, prospects for the segment remain muted.
Momentum in government school sign-up has ebbed after a strong start to the year. However March quarter is usually a strong quarter for school additions and NIIT hopes to get a fair share of the current school pipeline. NIIT is also exploring opportunities in public private partnerships in model schools and skills enhancement. NIIT has ceded leadership in private schools to competitors.
NIIT has changed its strategy and is transitioning itself from an IT training firm to a full services training company.