The company announced the results after market hours on Wednesday, 23 May 2012.

Meanwhile, the BSE Sensex was up 35.88 points or 0.22% to 15,983.98.

On BSE, 6,615 shares were traded in the counter as against average daily volume of 1,236 shares in the past one quarter.

The stock hit a high of Rs 337.40 and a low of Rs 318 so far during the day. The stock had hit a 52-week high of Rs 434 on 19 July 2011. The stock had hit a 52-week low of Rs 283.10 on 30 December 2011.

The small-cap stock had outperformed the market over the past one month till 23 May 2012, falling 3.72% compared with the Sensex's 6.72% fall. The scrip had also outperformed the market in past one quarter, declining 4.25% as against Sensex's 11.78% decline.

The company has an equity capital of Rs 20.59 crore. Face value per share is Rs 10.

Hinduja Global Solutions' (HGS) consolidated EBITDA (earnings before interest, taxation, depreciation and amortization) rose 11.1% to Rs 61.05 crore in Q4 March 2012 over Q3 December 2011.

HGS consolidated operating revenue rose 56.9% to Rs 460.41 crore in Q4 March 2012 over Q4 March 2011. Revenue growth was driven by a mix of organic growth, inorganic growth and favourable exchange rates, the company said.

The company added 4 new clients on an organic basis in Q4 March 2012. The pan-European roll-out is complete and the company now operates in five European countries, viz. UK, Germany and recently launched Italy, Netherlands and France, HGS said. The company is setting up new outsourcing centres in UK and Canada to cater to new business, it added. The company has tied up with National Commercial Bank, Jamaica and will commence operations in Q1 FY 2013, HGS said in a statement.

Commenting on the results, Mr Partha De Sarkar, CEO, Hinduja Global Solutions said, "We are delighted to report sustained traction in revenues with 45% y-o-y growth in revenue in FY 2012. A mix of organic and inorganic initiatives has led to this stellar growth. We are focused on balancing growth with profitability. Business visibility remains strong across all geographies as customers are engaging with us to widen and deepen existing engagements, offering increased volumes and, in some cases, price increases. Our diversified presence is enabling us to stand apart and weather the challenges in the operating environment. We are driving an enhanced identity within the organization with the 'One HGS program' and will rebrand acquired entities into a common global identity".

HGS' board of directors at a meeting held on Wednesday, 23 May 2012, recommended a dividend of Rs 20 per share for the year ended March 2012.

HGS, part of the multi-billion dollar conglomerate - Hinduja Group, is one of the leading providers of outsourcing solutions. HGS currently serves several Fortune 500 customers through its 47 Global Delivery Centers & employs over 24,000 people worldwide.