The Economic Times

Title : Hinduja Global Q1 Net Declines 13.6% to Rs 32.5 cr

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Location :
NEW DELHI
Article Date : 08/14/2014

BPO services provider Hinduja Global Solutions on Wednesday reported a 13.6% decline in
consolidated net profit at . 32.49 crore for quarter ` ended June 30 due to higher non-cash depreciation
charges and exchange rate variations. The firm had posted a net profit of ` . 37.60 crore in the year-ago
period, it said in a statement.
Consolidated net sales rose 19% to ` . 666.21 crore in the April-June quarter of this fiscal from ` . 559.17
crore in the same quarter of 2013-14.
Commenting on the firm's performance, HGS CEO Partha DeSarkar said: HGS continued its growth
momentum during the quarter, delivering strong performance across geographies including the US,
Philippines and India.
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