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Hinduja Global Solutions Q2 net up 19.51% to Rs 37.42 cr

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Press Trust of India New Delhi
BPO services provider Hinduja Global Solutions (HGS) today said its consolidated net profit increased by 19.51 per cent to Rs 37.42 crore for the second quarter ended September 30.

Its net profit stood at Rs 31.31 crore in the year-ago period.

HGS, part of the diversified Hinduja Group, reported a 14.73 per cent growth in total income from operations at Rs 905.23 crore in July-September quarter this fiscal from Rs 788.98 crore in the same quarter of previous fiscal, it said in a BSE filing.

"HGS continued its strong trajectory of topline growth at 14.7 per cent year-on-year in the second quarter of fiscal 2017, led by robust performance in healthcare vertical and offshore business. PAT was slightly impacted by currency volatility, one-time cost of a client exit in Europe and ramp ups," HGS CEO Partha DeSarkar said.
 

The board declared an interim dividend of Rs 2.50 per share.

Shares of Hinduja Global Solutions were trading 1.11 per cent lower at Rs 534 apiece on BSE in the morning trade.

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First Published: Nov 10 2016 | 11:07 AM IST

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