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Hinduja TMT FY-01 net Rs 464 million

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Hinduja TMT Ltd today announced a net profit of Rs 464.02 million for the year ended 31 March, 2002 as compared to Rs 420.66 million for the corresponding period last fiscal. Fourth quarter net profit stood at Rs 160.14 million as compared to Rs 39.99 million in the corresponding period last fiscal, an over four-fold jump.

 

 

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The company posted total income of Rs 729.68 million for the year, up from Rs 617.25 million in FY-01.

 

Barring unforeseen circumstances, HTMT expects its IT revenues to increase 100-110% and the net profit therefrom to increase by about 70 per cent in FY 2002-03 on the basis of contracts on hand. The bulk of the contribution would come from the IT enabled business, a company release states.

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HTMT’s employees in its IT division was 953 as on 31st March 2002 as compared to 358 in the previous year due to the ramp up in the company’s IT enabled business. The total number of employees in HTMT’s IT enabled business increased from 111 as on 31 March 2001 to 773 as on 31 March, 2002 (Call center business – 472 and claims processing business was 301). HTMT’s workforce is likely to grow beyond 1500 at the end of the current fiscal, the release states.

According to HTMT vice-chairman Solomon Raj: “Going by the current trend and available opportunities, we are likely to emerge as a leading IT enabled services Company with a brand for quality and customer care. As the company implemented its call center business during the 3rd quarter of the last financial year, the real impact of ramp up in our IT-enabled orders would be reflected in the current year.”

Barring unforeseen circumstances, HTMT expects its IT revenues to increase 100 – 110 per cent and the net profit there from to increase by about 70 per cent in FY 2002-03 on the basis of contracts on hand. The bulk of the contribution would come from the IT-enabled business.

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HTMT’s book value as on 31 March 2002 was Rs 110 per share and the basic and diluted earning per share stands at Rs 13.04. The company continues to remain debt free with cash on hand for the year ended 31 March 2002 amounting to Rs 417.5 million.

HTMT, besides positioning itself as an operating IT company, through its subsidiaries is expanding operations in the areas of cable television, broadband Internet, local television programming, movie channel and movie based programming. Fascel, HTMT’s joint venture with Hutchison Max, continues to be the largest single circle (excluding metros) cellular operator in the country, the release states.

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Myntra revives ‘Fashion ki Adalat’ to put social judgments on trial for International Women’s Day

Courtroom satire stars Lisa Ray and Archana Puran Singh

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NATIONAL: Ahead of International Women’s Day, fashion e-commerce platform Myntra has revived its social campaign Fashion ki Adalat, expanding the idea of societal judgment beyond clothing choices.

The latest instalment of the campaign features actor and model Lisa Ray in a satirical courtroom drama that puts everyday scrutiny of women’s choices on trial. Veteran actor Archana Puran Singh reprises her role as the presiding judge, delivering the verdict in a humorous yet pointed narrative.

Set inside a stylised courtroom, the campaign frames the case as “Society vs Her Choices,” turning familiar criticisms into formal accusations. Through humour and satire, the film examines how women’s decisions, ranging from fashion and career to marriage and identity, are frequently judged across different stages of life.

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The narrative traces three phases of Lisa Ray’s life. At 18, her independence is framed as defiance. Later, after marriage, her decision not to change her surname is questioned. In midlife, her ambition and bold self-expression are again scrutinised. Each moment is met with sharp retorts that challenge social expectations and reinforce the campaign’s central message: personal expression should not be subject to public approval.

With Fashion ki Adalat 2.0, Myntra is attempting to broaden last year’s conversation from defending individual fashion choices to questioning the impulse to judge them altogether.

“Self-expression is often met with unsolicited scrutiny,” said Myntra head of social media marketing and creator ecosystem Monalisa Panda. “Through this campaign we wanted to spotlight that reality and celebrate individuality across life stages.”

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Created and produced by Ideaz Farm, the film was directed by Yash Danak, with creative direction by Katya Mohan and Rishi P Ekta Taak and Prasanna Shetty served as producers, while P Kalyani Sunil handled cinematography.

The campaign forms part of Myntra’s wider push to position fashion and beauty as tools of personal identity and self-expression for younger consumers across India.

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