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HTMT posts Rs 203 m profit for Q2 ’03
MUMBAI: New BPO clients and resource optimisation have helped Hinduja TMT post net profit of Rs 203 million for the quarter ended 30 September, 2003, 18 per cent up from the earlier quarter.
According to a company statement, HTMT reported an increase of 45 per cent in its total income at Rs 410 for the second quarter, as against an income of Rs 282 million in the same period last year. In the first half of the year, the company has posted an increase of 44 per cent year on year, with a total income of Rs 760 million, while net profit increased by 25 per cent to Rs 375 million. Profit after tax to total income in H1 was 49 per cent, the company claims.
Meanwhile, HTMT, which has been ranked the second largest healthcare BPO company in India by Business World magazine recently, has also acquired controlling interest and management control in c3, a call centre in Manilla, Philippines. This was disclosed at the HTMT board meeting today. The board has approved the acquisition controlling interest in c3 against a purchase consideration of USD 3.9 million, a notice to the BSE says.
HTMT’s claim processing business for a US health insurance company which started at Bangalore with 23 processors in August 2000 has now grown into a business of around 600 processors handling about 1.8 mn claims per month. A disaster recovery center for the business of the above client is being set up at Mumbai in the premises owned by HTMT’s subsidiary – InNetwork.
Dataquest, IDC’s employees’ satisfaction survey 2003, the first ever of its kind in the country, has ranked HTMT second after GE Capital among the top 15 BPO companies in India. The company has also started the execution of a new Call Centre contract from a broadband communication company from August 2003 with 54 Customer Service Representatives for order administration, technical help desk etc. The staff strength now at 172 CSRs, is likely to go up to 350 CSRs by 31 March, 2004, the company says.
The IT services wing of HTMT has recently received CMM Level-4 certification for software development and maintenance signifying its process maturity and control, the company statement says. The company has recently taken on lease premises admeasuring 80,000 sq.ft. for building 1400 seat capacity at Bangalore to meet the expanding requirements of existing clients and the needs of customers in the pipeline. This is in addition to the existing capacity of 1050 seat 52,000 sq. ft. off-shore development center at Bangalore, now fully occupied.
NEW DELHI: Hamdard Laboratories gathered a cross-section of India’s achievers in New Delhi on Friday, handing out the Hakeem Abdul Hameed Excellence Awards to figures who have left their mark across healthcare, education, sport, public service and the arts.
The ceremony, attended by minister of state for defence Sanjay Seth and senior officials from the ministry of Ayush, celebrated individuals whose work blends professional success with a sense of public purpose. It was as much a roll call of achievement as it was a reminder that influence is not measured only in profits or podiums, but in people reached and lives improved.
Among the headline awardees was Alakh Pandey, founder and chief executive of PhysicsWallah, recognised for turning affordable digital learning into a mass movement. On the sporting front, Arjuna Awardee and kabaddi player Sakshi Puniya was honoured for her contribution to the game and for pushing women’s participation onto bigger stages.
The cultural spotlight fell on veteran lyricist and poet Santosh Anand, whose songs have echoed across generations of Hindi cinema. At 97, Anand accepted the honour with characteristic humility, reflecting on a life shaped by perseverance and hope.
Healthcare honours spanned both modern and traditional systems. Manoj N. Nesari was recognised for strengthening Ayurveda’s place in national and global health frameworks. Padma shri Mohammed Abdul Waheed was honoured for his research-backed work in Unani medicine, while padma shri Mohsin Wali received recognition for his long-standing contribution to patient-centred care.
Education and social development also featured prominently. Padma shri Zahir Ishaq Kazi was honoured for decades of work in education, while former Meghalaya superintendent of Police T. C. Chacko was recognised for public service. Goonj founder Anshu Gupta received an award for his dignity-centred rural development initiatives, and the Hunar Shakti Foundation was honoured for empowering women and young girls through skill development.
The Lifetime Achievement Award went to former IAS officer Shailaja Chandra for her long career in public healthcare and governance, particularly in the traditional systems under Ayush.
Speaking at the event, Hamdard chairman Abdul Majeed said the awards were a tribute to those who combine excellence with empathy. “These awardees reflect Hakeem Sahib’s belief that healthcare, education and public service must ultimately serve humanity,” he said.
Minister Seth struck a forward-looking note, saying India’s young population gives the country a unique opportunity to become a global destination for learning, health and wellness by 2047.
The ceremony also featured the trailer launch of Unani Ki Kahaani, an upcoming documentary starring actor Jim Sarbh, set to premiere on Discovery on 11 February.
Instituted in memory of Unani scholar and educationist Hakeem Abdul Hameed, the awards have grown into a national platform that celebrates those building a more inclusive and resilient India. For one evening at least, the spotlight was not just on success, but on service with substance.
