Reported By:
| Edited By: |Source: PTI |Updated: Mar 18, 2018, 02:54 AM IST
Hinduja Group firm Hinduja Global Solutions today said it has clocked 18.8% jump in its consolidated profit after tax to Rs30.86 crore for the fourth quarter ended March 31 as against Rs25.98-crore in the year ago-period.
The company's consolidated operating revenue grew 31.4% year-on-year for the fourth quarter to Rs29.35-crore from Rs22.32 crore in the same period last year.
During the year(FY 11), the company has posted Rs107-crore in its consolidated profit after tax as against Rs130-crore in the last fiscal. Consolidated operating revenue grew 20.3% to Rs1,070-crore in FY 11 as against Rs890-crore in the last fiscal.
Hinduja Global Solutions' debt stood Rs15.10-crore as of March 31, the company said in a statement. The company added two new clients during the quarter and increased headcount of 19,442 associates at the end of the quarter as against 18,730 associates at the start of the quarter, it said.
The company, through its subsidiary, has commenced operations at its centre in the global village IT Sector SEZ in Bangalore. The centre at Iloilo City near Manila in Philippines has gone live by end-March.
"FY 11 has been a milestone year for us in many ways. We have crossed Rs1,000-crore in annual revenues for the first time. It also marks the completion of our first decade of operations. FY 11 has also been a year of continued growth in operations. We completed the acquisition of Careline Services
in UK in the first quarter as well as set up four new centres during the year -- one each in Guntur in Andhra Pradesh and Siliguri in West Bengal, a second centre in Durgapur and the SEZ unit in Bangalore," Hinduja Global Solutions's chief executive officer, Partha De Sarkar, said.
"We have also started the third Philippines Centre towards the end of the fiscal," he said. "As we enter into a new year, we anticipate continued growth in our business as our newly set up centres increase capacity utilisation. The demand environment has been strong and we are pleased to partner with our clients to improve their business process.
"While we see health growth from existing clients, we are actively pursuing opportunities through the addition of new clients, new verticals and new geographies," Sarkar said.
