Summary of Key Information:
Reporting Period: Quarter 4 and Full Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Audited Financial Results under SEBI LODR Regulations 30 & 33
Audit Opinion:
Unmodified Audit Reports issued by M/s. Haribhakti & Co. LLP, Chartered Accountants for both Standalone and Consolidated Financial Results.
Key Financial Highlights [₹ in Crores]:
Standalone Results:
Quarter Ended March 31, 2026:
- Revenue from Operations: 450.11 (Compared to 447.05 in Q4 FY2025)
- Total Income: 546.11 (Compared to 479.06 in Q4 FY2025)
- Net Loss: (19.00) (Compared to (106.92) in Q4 FY2025)
- EPS: (4.08) (Compared to (22.98) in Q4 FY2025)
Year Ended March 31, 2026:
- Revenue from Operations: 1,827.12 (Compared to 1,711.09 in FY2025)
- Total Income: 2,084.90 (Compared to 1,887.59 in FY2025)
- Net Loss: (160.58) (Compared to (322.78) in FY2025)
- EPS: (34.52) (Compared to (69.38) in FY2025)
- Other Equity: 2,536.63 (Compared to 2,694.19 in FY2025)
- Cash and Cash Equivalents: 111.08 (Compared to 115.38 in FY2025)
- Debt: Short-term borrowings 423.42, Long-term borrowings 87.61, Total 511.03 (Compared to ST 393.86, LT 133.59, Total 527.45 in FY2025)
Consolidated Results:
Quarter Ended March 31, 2026:
- Revenue from Operations: 1,094.67 (Compared to 1,161.06 in Q4 FY2025)
- Total Income: 1,254.63 (Compared to 1,297.72 in Q4 FY2025)
- Net Profit/(Loss): (13.58) (Compared to (1.69) in Q4 FY2025)
- EPS: (1.78) (Compared to 0.82 in Q4 FY2025)
Year Ended March 31, 2026:
- Revenue from Operations: 4,307.36 (Compared to 4,404.18 in FY2025)
- Total Income: 4,857.00 (Compared to 5,334.18 in FY2025)
- Net Profit: 4.94 (Compared to 100.72 in FY2025)
- EPS: 6.92 (Compared to 26.10 in FY2025)
- Other Equity: 8,269.98 (Compared to 7,661.60 in FY2025)
- Cash and Cash Equivale nts: 568.94 (Compared to 751.69 in FY2025)
- Debt: Short-term borrowings 1,066.30, Long-term borrowings 227.72, Total 1,294.02 (Compared to ST 856.82, LT 330.08, Total 1,186.90 in FY2025)
Segment-wise Performance [₹ in Crores]:
Continuing Operations - FY2026:
- Business Process Management: Revenue 3,064.79, Segment Profit 309.96
- Media and Communications: Revenue 1,242.57, Segment Profit (175.46)
Discontinued Operations - FY2026:
- Profit after tax from discontinued operations: 148.02
Corporate Actions:
- The Board recommended the re-appointment of M/s. ABK & Associates, Cost Accountants [Firm Registration No.: 000036, Mr. V R Kedia, Partner, Membership No. M/2721] as the Cost Auditors of the Company for conducting the audit of cost records relating to telecommunication activity of media business for Financial Year 2026-27, subject to ratification of remuneration by the shareholders.
- Dividend: Not Specified
Other Significant Information:
- Exceptional Items: The Company recognized ₹8.70 crore (Standalone) and ₹9.29 crore (Consolidated) for increased employee benefits obligations arising from implementation of Labour Codes.
- The Group assigned its third-party liabilities for a consideration of USD 18.966 million (₹166.29 crore) and recognized a gain of USD 16.896 million (₹148.02 crore), disclosed under Discontinued Operations.
- HGS unveiled its new 'Intelligent Experience' brand positioning.
- OneOTT Intertainment Ltd. signed an MoU with Uttar Pradesh Government for Project GANGA to connect over 2 million households with broadband.
- HGS added 21 new logos for digital CX/tech solutions and 8 clients for HRO/Payroll Processing in Q4.
- Employee headcount: 17,110 as of March 31, 2026.
- HGS has presence in 10 countries with 23 global delivery centers.