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HGS reports 71% rise in Q2 consolidated net profit

10 Nov 2020 Evaluate

Hinduja Global Solutions (HGS) has reported results for second quarter ended September 30, 2020.

The company has reported 33.51% fall in its net profit of Rs 38.97 crore for the quarter under review as against net profit of Rs 58.61 crore for the same quarter in the previous year. However, total income of the company increased 8.94% at Rs 597.26 crore for Q2FY21 as compared Rs 548.27 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 70.55% rise in its net profit attributable to owners at Rs 81.49 crore for the quarter under review as against net profit of Rs 47.78 crore for the same quarter in the previous year. Total income of the company increased by 8.57% at Rs 1,347.61 crore for Q2FY21 as compared Rs 1,241.27 crore for the corresponding quarter previous year.

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