HGS Reports Q1 FY2026 Results
Mumbai: Hinduja Global Solutions (HGS) has announced its unaudited first quarter results for FY2026. The company reported a total income of Rs. 1,187.3 crore and revenue from operations of Rs. 1,056.2 crore. HGS’ consolidated total EBITDA stood at Rs. 159.7 crore, with EBITDA margins for the quarter at 13.5%. The company reported a total PAT of Rs. 11.2 crore for the quarter.
Performance Highlights
Venkatesh Korla, Global CEO of HGS, said that the company’s performance in Q1 FY2026 was in line with expectations, despite continued macro-economic volatility and extended client sales cycles. He highlighted the company’s initiatives to reorient the business for the future, including creating an agile and cost-optimized organization. HGS’ EBITDA margins expanded by 169 bps on a YoY basis, driven by increasing revenue contribution from offshore geographies. The company is evolving to become an intelligent experiences orchestrator for its clients, integrating technology, data, and human empathy.
Digital Media Division Performance
Vynsley Fernandes, Whole-time Director of HGS and CEO of NXTDIGITAL media businesses, commented on the digital media division’s performance, highlighting the onboarding of a strong broadband national leadership team and the addition of new logos in the enterprise vertical CelerityX. The company has rolled out its ONEiPTV service to key cities, enhancing its broadband solution with access to over 25 OTT platforms and an IPTV bouquet of 600+ television channels.
