Date:31/10/2004 URL: http://www.thehindubusinessline.com/2004/10/31/stories/2004103101150200.htm

Back Hinduja TMT Q2 net higher

Our Bureau

Mumbai , Oct. 30

HINDUJA TMT has reported a 4 per cent increase in profit after tax at Rs 21.04 crore for the second quarter of the current fiscal against Rs 20.30 crore in the year-ago period.

The company posted a total income of Rs 45.61 crore, higher by 11 per cent from Rs 41.07 crore a year ago.

"Reduction in income from an outsourced call centre for a telecom client and lower other income restricted the company's revenue growth for the quarter," HTMT said in a news release.

Sequentially, the net profit of the company rose by 11 per cent during the current quarter.

For the half-year ended September 30, 2004, the company's total income rose by 20 per cent to Rs 90.95 crore, while the net profit for the period increased by 7 per cent to Rs 40.02 crore.

At the company's Bangalore offshore delivery centres, 1,417 employees are engaged in BPO activities of a total of 2,156 employees; 539 in call centre services, 150 in software development and 50 in support services.