HTMT Global Solutions, information technology and IT-enabled services company of Hinduja Group, posted a 12 per cent rise in net profit for the quarter ending June 30, 2008, due to higher revenues from offshoring business.
On a consolidated basis, the company posted a Rs 20 crore profit in the first quarter of 2009 financial year and a topline of Rs 178 crore, registering a growth of 17 per cent.
The company's stock was trading at Rs 287.95, nearly 3 per cent higher than Thursday's close.