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Hinduja Global Solutions reports marginal rise of 0.71% in Q4 consolidated net

Date: 24-05-2012

Hinduja Global Solutions has reported results for fourth quarter and year ended March 31, 2012.

On standalone basis, the company has posted a fall of 7.85% in its net profit at Rs 19.37 crore for the quarter ended March 31, 2012 as compared to Rs 21.02 crore for the same quarter in the previous year. However, total income has increased by 13.05% at Rs 169.91 crore for quarter under review as compared to Rs 150.30 crore for the quarter ended March 31, 2011.

On consolidated basis, the company has posted a rise of 0.71% in its net profit at Rs 31.07 crore for the quarter ended March 31, 2012 as compared to Rs 30.85 crore for the same quarter in the previous year. Total income has increased by 56.87% at Rs 460.41 crore for quarter under review as compared to Rs 293.49 crore for the quarter ended March 31, 2011.

For the full year ended March 31, 2012, the company has posted a fall of 16.73% in its net profit at Rs 62.61 crore as compared to Rs 75.19 crore in the previous year. However, total income has increased by 15.91% at Rs 631.35 crore for year under review as compared to Rs 544.70 crore for the period ended March 31, 2011.

On consolidated basis, the company has posted a fall of 1.16% in its net profit at Rs 106.07 crore for the year ended March 31, 2012 as compared to Rs 107.32 crore in the previous year. However, total income has increased by 44.85% at Rs 1554.30 crore for year under review as compared to Rs 1073.06 crore for the period ended March 31, 2011.