HTMT Global clocks turnover of Rs.673 crores and PAT of Rs.87 crores.

author-image
afaqs! news bureau
New Update

Company Brief

New Delhi, May 26, 2008

In their Board meeting held today, HTMT Global Solution's Board of Directors approved the consolidated financial results of the company for the year ended 31st March 2008. Revenues for fiscal 2008 were at Rs 673.41 crores whilst Profit after Tax (PAT) stood at Rs. 87.41 crores as compared to Consolidated Sales of Rs. 281.58 crores and PAT of Rs. 29.29 crores for period of six months ended 31st March 2007.

Other key highlights:

- Q408 Consolidated Revenues stood at Rs. 173.45 crores

- EBITDA at Rs. 41.25 crores.

- Profit after Tax (PAT) at Rs. 24.12 crores

- 1200 seats added during the year totaling 9600 seats.

- 17 new customers added during the year.

- Total manpower strength of 12,800 from 9900 in previous year.

Commenting on the performance Partha De Sarkar, Chief Executive Officer, HTMT Global Solutions said, Our performance clearly indicates that we have been able to enhance our growth momentum despite the obvious challenges of the global business environment. We continue to see a healthy pipeline of opportunities across our key verticals on the bank of strong interest in outsourcing and we are committed to delivering long term value to our customers.

Our revenue growth at a CAGR of 47% remains better than the industry benchmark of 33.5%. The PAT for the year at 13% of the revenue is also an industry high.

During the year the company received industry recognition including:

- ICT Philippines Most Innovative BPO

- Global Services 2nd Best Performing Call Centre Worldwide

- Dataquest Top 10 BPO Companies HR Practices

For further information, please contact:

Clea PR

Harpreet Singh Marwah

Mob: 9810276332

e-mail: harpreet@cleapublicrelations.com

Advertisment