HTMT declares 50 per cent interim dividend

Starts 3rd October

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HTMT declares 50 per cent interim dividend

hinduja

MUMBAI: Hinduja TMT (HTMT) has declared an interim dividend of Rs. five per share. This is 50 per cent on the par value of the share which stands at Rs. 10. The dividend is for the financial year 2003-04 and amounts to Rs. 20.45 crores.

A company release states that the company's board of directors took the decision after reviewing the operations and profitability of the outfit for the eleven month period ended 29 February 2004.

The release adds that due to HTMT's deep insight into automated work force management systems in IT business, Aspect Communications Corporation, USA, the world's largest company focused exclusively on contact center solutions for unifying the work force, information and communication, recently entered into a re-seller partnership agreement with HTMT for selling and implementing their solutions.

HTMT further claimed to have world-class infrastructure in line with global standard of environment and resources. Quality of delivery, domain expertise, effectiveness of people interface and predictability of schedules are what it claims to be delivering in the areas of call center and BPO solutions.

The company ranked first in the preferred employer category in the Employee Satisfaction Survey conducted by Dataquest-IDC in India. It employs around 1800 people in the BPO / Call Center and IT services segments.