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Bangalore, Oct. 24 HTMT Global Solutions Ltd, an outsourcing solutions provider that is part of the Hinduja Group, reported a 27 per cent decrease in net profit for the second quarter ending September 30, 2008.

For the quarter, net profit was Rs 16.11 crore compared with Rs 22.07 crore in the year-ago period. Net sales increased 23.2 per cent to Rs 190.36 crore from Rs 154.53 crore in the corresponding quarter last year, the company said in a notice to the stock exchange.

Shares of the company were down 7.41 per cent to end at Rs 143.05 on Friday at the BSE before the announcement of the results.

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