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It was not a great year for HTMT as top-line declined even when investments
in infrastructure and people went up. Its attrition rate was one of the highest
at 97%, and the CEO also quit. On the brighter side, the company is pursuing
domestic dreams and exploring inorganic routes to scale up. FY '06 saw
concentrated attempts by the management to shortlist and evaluate potential
acquisitions. Though none materialized, this financial year can see some of
those fructifying. In the domestic market, where there is a large untapped
potential for contact centers and back office solutions, the company sees
significant interest. This business now accounts for 11 clients, about 3,000
employees and contributes 15% of its overall revenues.
HTMT is particularly leveraging on its expertise in the healthcare sector
to grow existing accounts.
- Had one of the highest attrition rate at 97%
- K Thiagarajan, MD and CEO quits
- Moved to a 2,500 seat 'HTMT Cyber Park' in Manila
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| CEO, IT and ITeS: Partha D
Sarkar |
l Start-up
Year: 2001 l Employees: 7,500 l
Seats: 6,500 l Facilities: 12 l
Business Mix: Voice (70%), Non-voice (30%) l
Address: HTMT House No 614, Vajpayee Nagar, Bommanahalli Hosur Road,
Bangalore l Tel: 25732620/50 l
Fax: 25731592 l Website: www.hindujatmt.com
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