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HTMT Global recommends 50 p.c. dividend

MUMBAI: HTMT Global Solutions has recommended a dividend of 50 per cent for the year ended March 31, 2007. Considering the company’s operations for six months from October 2006, the appointed date of demerger of the IT/ITES division of Hinduja TMT, the dividend percentage works out to 100 per cent on an annualised basis. The company has reported a net profit of Rs. 11.90 crore on a total income of Rs. 79.43 crore in the three months ended June 30, 2007.

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