Q2 2020 NIIT Ltd Earnings Call Transcript

Oct 24, 2019 / 10:00AM GMT
Operator

Good day, ladies and gentlemen, and welcome to the NIIT Limited Q2 FY '20 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Vijay Thadani, Managing Director and Vice Chairman of NIIT Limited. Thank you, and over to you, Sir.

Vijay Kumar Thadani - NIIT Limited - Co-Founder, Vice Chairman & MD

Thank you. Good afternoon, everyone, and thank you very much for joining us on this call, which is to discuss the quarter 2 business performance and future direction, mainly. But in addition to that, we would also take you through some of the progress that has been made on the buyback arrangement that NIIT had announced on 10th of August. And also, the impact of the recent changes in income tax rules and how they have affected NIIT. And as mentioned before, there were -- a special committee was set up by the Board, which was to give recommendations and on a certain topic. And we'll discuss that progress. Part of those recommendations have already been implemented and

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