Shareholding Pattern
HTMT's Convergence
Structure
Financial Results
Annual Reports
Board Meetings
AGM / EGM
Chairman's Statement
Investor Communication
Book Closures &
Record Dates
Investors Assistance
Registrar & Share Transfer Agents
Investors >> Financial Results

Rs. In Lacs  
AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH 2003
S.No Particulars I.T. Other than I.T. Total Year to date
For the
Quarter ended
31.03.2003		 For the
Quarter ended
31.03.2002		 For the
Quarter ended
31.03.2003		 For the
Quarter ended
31.03.2002		 For the Fourth
Quarter ended
31.03.2003		 For the Fourth
Quarter ended
31.03.2002		 Current
Year
ended 31.03.2003		 Previous
Year
ended 31.03.2002
1 Total Income 2,932.61 1,434.58 280.08 1,066.21 3,212.69 2,500.79 11,446.59 7,293.60
                   
  Sales / Income from operations 2,924.06 1,403.85 248.08 (68.46) 3,172.14 1,335.39 11,186.64 6,322.78
  Profit / (Loss) on sale of investments - - 19.86 1,129.35 19.86 1,129.35 178.31 845.06
  Other Income 8.55 30.73 12.14 5.32 20.69 36.05 81.64 125.76
                   
2 Total Expenditure 1,307.82 572.83 217.54 228.53 1,525.36 801.36 4,448.70 2,589.23
                   
  a) Staff Cost 592.94 273.84 37.48 34.76 630.42 308.60 2,294.50 1,165.42
  b) Rent and Compensation charges 33.65 32.50 10.36 37.78 44.01 70.28 223.43 292.53
  c) Legal and Professional charges 21.48 23.11 5.08 22.04 26.56 45.15 146.34 124.88
  d) Direct Cost, Product charges and Connectivity Cost 205.85 39.84 - - 205.85 39.84 366.16 60.42
  e) Provisions / Bad Debts written off 14.64 11.96 - 31.52 14.64 43.48 14.64 43.48
  f) Other 439.26 191.58 164.62 102.43 603.88 294.01 1,403.63 902.50
                   
3 Interest and other Finance charges - - - - - - - 1.03
                   
4 Gross Profit (after interest but before Depreciation, Tax and Provision for exceptional items ) 1,624.79 861.75 62.54 837.68 1,687.33 1,699.43 6,997.89 4,703.34
                   
5 Less : Depreciation / Amortisation 143.15 52.90 8.52 4.39 151.67 57.29 385.96 191.88
                   
6 Add : Exceptional Items - - - (26.52) - (26.52) - 316.63
                   
7 Profit / ( Loss ) before Tax 1,481.64 808.85 54.02 806.77 1,535.66 1,615.62 6,611.93 4,828.09
8 Provision for Taxation ( incl. Deferred Tax ) (36.24) 40.00 20.12 0.75 (16.12) 40.75 408.87 154.96
9 Profit / ( Loss ) after Tax 1,517.88 768.85 33.90 806.02 1,551.78 1,574.87 6,203.06 4,673.13
                   
10 Paid up Equity Share Capital ( Face Value Rs. 10/- )         4,090.39 3,558.37 4,090.39 3,558.37
11 Dividend ( including interim dividend )             2,863.27 2,135.02
12 Reserves Excluding Revaluation Reserve             38,303.93 33,739.78
13 Basic and Diluted E.P.S. ( not annualised ) ( Rs.)         3.79 4.43 15.16 13.13
14 Aggregate of Non-Promoter Shareholding:                
  - Number of shares             10,228,264 9,831,948
  - Percentage of Shareholding ( % )             25.01 27.63
 
Notes :
1. The Company has renewed its BPO contract for a period of two years with an option for further renewal of one year, and is likely to yield revenues of approx. Rs. 100 crores (over USD 20 mn) during this period .
2. The Company has signed up three new major contracts out of which two are for call centers.
3. Pursuant to High Court Approval for merger of Sarthak Mercantile Private Limited (SMPL) with the Company, the Company allotted 53,20,225 shares to the shareholders of SMPL on 8th April 2003.
As the appointed date of the merger is 1st April, 2002, the share capital as on 31st March 2003, includes share capital suspense of Rs. 532.02 lacs.
4. The Board has recommended a Total Dividend at Rs. 7/- per share for the financial year 2002-03, which includes Rs. 5/- per share paid as Interim Dividend on 31st May, 2003.
5. Previous Year's figures have been regrouped wherever necessary.
 
The above results were reviewed by the Audit Committee and taken on record at the meeting of the Board of Directors of the Company held on 24th June, 2003.
 
Segment information as per Clause 41 of the Listing Agreement for the quarter and year ended 31st March, 2003
 
Rs. In Lacs 
S.No. Particulars

Quarter ended
31.03. 2003

 Quarter ended
31.03. 2002		 Current
Year ended
31.03. 2003		 Previous
Year ended 31.03.2002
1 Segment Revenues        
  a) Convergence Activities        
  i) I.T. 2,932.94 1,434.58 9,977.81 5,478.61
  ii) Media - Telecom 219.49 1,367.28 890.14 2,369.91
    3,152.43 2,801.86 10,867.95 7,848.52
  b) Treasury 22.64 (306.39) 497.00 (680.68)
  c) Others ( unallocated ) 37.62 5.32 81.64 125.76
  Total Income 3,212.69 2,500.79 11,446.59 7,293.60
           
  Segment Results- Profit / (Loss) before tax and interest from segment        
  a) Convergence Activities        
  i) I.T. 1,481.64 812.41 5,787.28 3,377.08
  ii) Media - Telecom 40.16 1,164.36 514.84 2,023.54
    1,521.80 1,976.77 6,302.12 5,400.62
  b) Treasury 13.25 (336.39) 461.41 (772.43)
  c) Others ( unallocated ) 0.61 5.32 (151.61) 200.93
    1,535.66 1,645.70 6,611.92 4,829.12
    - 3.56 - 1.03
  Total Profit before tax 1,535.66 1,642.14 6,611.92 4,828.09
           
3 Capital Employed
(Segment Assets - Segment Liabilities) 		       
  a) Convergence Activities *        
  i) I.T. 7,654.42 5,733.84 7,654.42 5,733.84
  ii) Media - Telecom 28,679.94 26,681.33 28,679.94 26,681.33
    36,334.36 32,415.17 36,334.36 32,415.17
  b) Treasury 8,602.03 4,310.03 8,602.03 4,310.03
  c) Others ( unallocated ) (2,542.07) 572.95 (2,542.07) 572.95
  Total 42,394.32 37,298.15 42,394.32 37,298.15
 
There are no Inter Segment Revenues
* This includes capital employed in TMT (Technology, Media and Telecom) subsidiaries.
 
   
Place : Mumbai
Date : 24th June, 2003
 For Hinduja TMT Limited
 S. Solomon Raj
Vice Chairman
 
TopHome