Cranes Software & HTMT Global Q1 Results

CORPORATE SCORECARD

Cranes Software profit up 29%

With strong growth from its proprietary products, software firm Cranes Software International has reported a 29 per cent increase in its net profit to Rs 32 crore in the quarter ended 30 June, 2008, compared with the corresponding quarter last year. The revenue of the company went up by 37 per cent to Rs 115.5 crore.

HTMT Global net up 20%

HTMT Global Solutions, information technology and IT-enabled services company of Hinduja Group, posted a 12 per cent rise in net profit for the quarter ended June 30, 2008, due to higher revenues from offshoring business. On a consolidated basis, the company posted a Rs 20 crore profit in the quarter and a topline of Rs 178 crore.