Free Stock Market Tips click here >> http://www.ripplesadvisory.com >>
Hinduja Global Solutions on Tuesday reported a growth of 4.7 per cent in its consolidated net profit at Rs 42.70 crore for the fourth quarter ended March 31, 2017, driven by higher volumes, especially in healthcare and telecom verticals, demand for nearshore/ offshore services and high capacity utilization.
The company had posted consolidated net profit of Rs 40.80 crore during the corresponding quarter of the previous year,” said Hinduja Global Solutions in a filing to the Bombay Stock Exchange. The consolidated net sales of company rose by 2.9 per cent to Rs 940 crore in Q4 FY17 from Rs 913.90 crore in Q4 FY17.
During the quarter under review, EBITDA surged by 27.20 per cent year-on-year to Rs 124.80 crore from Rs 98.10 crore in the same quarter last year. Commenting on Q4 earnings, Partha DeSarkar, Hinduja Global Solutions, CEO, said: “FY2017 was a great year for HGS.
No comments:
Post a Comment