News Broadcasting
HTMT net up 22% to Rs 756 million
MUMBAI: Hinduja TMT today reported a total income of Rs 1624.8 million for the financial year ended 31 March 2004 compared to Rs 1144.7 million for the year ended 31 March 2003, an increase of 42 per cent. Net profit grew 22 per cent from Rs 620.3 million to Rs 756.2 million.
The ratio of net profit to total income at 46% is in accordance with guidance given, a company release states.
The earning per share increased 22 per cent to Rs 18.49 per share from Rs15.16 per share in the previous year.
While the total income for the quarter ended March 04 rose by 27 per cent to Rs 407.9 million, net profit was at Rs 155.4 million, compared to Rs 155 million for the quarter ended March 03. The ramp up and training of staff and creation of additional infrastructure facilities during the quarter to meet the significant growth in business expected in 2004-05 led to increase in overall-cost which resulted in net profit not rising in tandem with total income.
The execution of new orders for which pilots have been successfully completed and increase in business from existing clients will ensure growth in profits during 2004-05.
HTMT’s robust business model focusing on ITES-BPO services backed by IT services has resulted in the company posting a three-year compounded average growth rate (CAGR) of 56.4 per cent for its IT income.
The company continued to be debt free as on 31 March 2004 and has a book value of Rs 113/- per share.
“Our results for 2003-04 represent continued progress across a number of key operational fronts and were driven by improved profits in the BPO segment of business,” said S. Solomon Raj, Vice Chairman, HTMT.
News Broadcasting
CNN-News18 to host Kolkata Town Hall on Hooghly River
‘Bhalobasa Bengal Inspiring Bharat’ event on April 20 brings cultural icons, trailblazing women and leaders aboard a cruise to celebrate Bengal’s enduring influence.
MUMBAI: Bengal is about to make fresh waves on the Hooghly and this time the current is pure conversation. CNN-News18 is taking its iconic Town Hall format to the waters of the iconic Hooghly River on 20 April 2026 with a special edition titled ‘Bhalobasa Bengal – Inspiring Bharat’. The floating event will celebrate the state’s rich cultural legacy and how its ideas, creativity and spirit continue to shape the rest of the country.
The unique riverside setting draws on Bengal’s history as a cradle of reform, art and intellectual thought. The speaker line-up mirrors that diversity: cultural heavyweights Mithun Chakraborty and Sreenanda Shankar will share the stage with trailblazing “Devis” such as Tanya Sanyal (India’s first woman firefighter in aviation), Ipsita Chakraborty (Kolkata’s first woman bartender) and Reshma Nilofer Visalakshi (Nari Shakti awardee and marine pilot). Music will flow through the celebrated pianist-vocalist duo Sourendro and Soumyojit, while public life and governance will be represented by Smriti Irani, Leander Paes, Saira Shah Halim, Keya Ghosh, Rekha Patra, Roopa Ganguly and Babul Supriyo.
CNN-News18, editorial affairs director, Rahul Shivshankar, said the event honours voices that carry Bengal’s legacy forward. Smriti Mehra, CEO – English & Business News, Network18, added that Bengal’s stories resonate far beyond its borders, especially as the state heads into polls.
From the first woman to battle flames in the skies to legendary actors who shaped Indian cinema, the gathering promises a rich mix of inspiration, courage and candid dialogue. In a city where culture has always flowed as freely as the river itself, CNN-News18 is turning the Hooghly into a floating forum for ideas that matter.
Tune in on 20 April on CNN-News18, CTV and YouTube to catch Bengal’s heartbeat in full flow.
