Hinduja TMT Q3 net up 68% at Rs 18.5cr

New Delhi, Jan 30 (UNI) Hinduja TMT today clocked 68 per cent hike in net profit at Rs 18.56 crore in the third quarter ended December 2006, against Rs 11.07 crore during the same quarter, a year ago.

Its total income for the quarter increased year-on-year (y-o-y) from Rs 82.42 crore to Rs 85.23 crore.

''We are on the lookout to acquire capabilities in new areas like F&A, Human Resource Outsourcing, Mortgage, Retail, Travel and Hospitality in the US, the UK market,'' CEO Partha Sarkar said.

Profit from ITeS/BPO operations showed improvement y-o-y and rose by 40 per cent from Rs 7.04 crore to Rs 10.10 crore because of continuing efforts on cost control initiatives carried out by the management.

HTMT globally offers outsourcing solutions in leading verticals such as Insurance, Healthcare, Telecom, Consumer Electronics.

UNI