Hinduja Global Solutions Declares Dividend

The board of directors of Hinduja Global Solutions has declared a final dividend of Rs.2.50 per equity share of Rs.10 each for the financial year ended March 31, 2017. The stock on Tuesday’s session has opened on a bearish mood and slipped over 3% traded at Rs 510.35 per share on BSE at 09:33 IST.

The stock attracted a traded volume of 6139 shares and a traded value of Rs 31.98 lakhs on the opening hours of trade in today’s session. The company posted its consolidated FY 2017 financials today which reported the following:

Net Sales of Rs. 37,110 million, an increase of 11.5% y-o-y

EBITDA of Rs. 4,424 million

PAT was Rs. 1,792 million with margins of 4.8%

Cash flow from operation and after working capital changes was Rs. 4,031 million.

Hinduja Global Solutions Limited is engaged in business process management. The Company's principal activity includes information technology (IT)/IT enabled services (ITES) - business process outsourcing (BPO). Its geographical segments include India and Outside India.  

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About Suhani Varma

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