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MUMBAI: Hinduja TMT Limited (HTMT), at its Board Meeting held today,
announced its results for the third quarter ended 31st December,
2006.
HTMT's total income for the quarter increased year-on-year from
Rs. 82.42 crores to Rs. 85.23 crores. The Net Profit for the quarter
went up by 68% from Rs 11.07 crs to Rs 18.56 crs. Profit from ITES/BPO
operations showed improvement y-o-y and rose by 40% from Rs. 7.04
crores to Rs 10.10 crores, because of continuing efforts on cost
control initiatives carried out by the management.
HTMT globally offers outsourcing solutions in leading verticals
viz. Insurance, Healthcare, Telecom, Consumer Electronics. It has
a strong 60+ client base served out of 17 centres in 7 countries
and employs 9,000 employees worldwide.
With its new delivery centre in Mysore opened recently, HTMT now
has presence in 5 cities in India, apart from 12 internationally
viz. 6 in USA, 2 in Canada, 1 each in UK, Europe, Manila and Mauritius,
Partha Sarkar, CEO of HTMT said "We are entering exciting times,
as the BPO space is undergoing a huge transformation. KPO offers
companies like us the opportunity to grow exponentially riding on
the back of strong processes and high quality service while consistently
delivering Customer Delight. HTMT is on the lookout to acquire capabilities
in new areas like F & A, Human Resource Outsourcing, Mortgage,
Retail, Travel and Hospitality etc. in the USA-UK market. The Company
continues to look out for good opportunities in companies that have
developed niche capabilities in new service lines."
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