Hinduja Global Solutions Reports Q1 FY2027 Results, Highlights AI Focus and MENA Region Expansion

Hinduja Global Solutions Reports Q1 FY2027 Results, Highlights AI Focus and MENA Region Expansion​

Mumbai, August 7, 2026 — Hinduja Global Solutions (HGS) today announced its unaudited financial results for the first quarter of Fiscal Year 2027. The company reported revenue from operations at Rs. 1,050.4 crore and total income of Rs. 1,201.2 crore.

The Q1 performance saw HGS focus on disciplined execution, cost optimization, and AI-embedded client engagements, aligning with the company's new brand positioning centered around Intelligent Experience. The group also strengthened its international footprint by expanding into the Middle East and North Africa (MENA) region.

Financial Performance Summary​

Consolidated figures show the following for the quarter ended June 30, 2026:


Standalone results for the quarter reflected a profit/(loss) before tax of (Rs. 61.42) crore and a loss after tax of (Rs. 62.05) crore.

Strategic Expansion and Operations Update​

The company expanded its geographic presence, incorporating HGS MENA IT Consulting L.L.C. in Dubai, UAE, as a wholly owned subsidiary of HGS International, Mauritius. This move aims to strengthen technology and consulting capabilities and build a platform for growth across the MENA region.

As of June 30, 2026, the company reported having 16,710 employees and was present in 10 countries with 23 global delivery centers. The client base also grew, including 439 active CX/Digital clients and 889 HRO/Payroll processing clients.

Digital Media Business Highlights​

The digital media division, OneOTT Intertainment Ltd. (OIL), continues to drive innovation and operational growth. Building on the MoU signed in March 2026 between the State Transformation Commission (STC), Government of Uttar Pradesh, and OIL, Project GANGA was officially launched by the Chief Minister of Uttar Pradesh. This statewide initiative aims to develop 8,000 to 10,000 entrepreneurs into Digital Service Providers, supporting digital access and economic empowerment across the state.

CelerityX, a growth engine within the media group, secured new clients during the quarter, including IndusInd Nippon Life Insurance, Panvel Municipal Corporation, and Farmacross, in addition to securing repeat contracts from L&T Finance, Tata Communications, and Sify. The digital media division also received over 2,000 applications on the Project GANGA portal and app.

Management Commentary and Awards Recognition​

Venkatesh Korla, Global CEO of HGS, commented that Q1 FY2027 saw encouraging momentum through AI-embedded engagements and strategic market expansion. He noted that while financial performance reflected planned phase out of a large client engagement, the company maintained steady progress in expanding its pipeline.

Vynsley Fernandes, Whole-time Director of HGS and CEO of Digital Media Business, highlighted the successful rollout of Project GANGA and the traction gained by CelerityX. The media group was recognized with prestigious awards, including 'Best Future Ready Network of the Year 2025-26' at the 12th BCS Ratna Awards for consistent innovation.

Other Divisional Updates​

The company’s portfolio diversified through client wins and service expansions. Nine subsidiaries of IndusInd Media and Communications Limited (IMCL) were targeted by a scheme of merger by absorption filed with NCLT. Furthermore, during the previous year ended March 31, 2026, the Group assigned third party liabilities, recognizing a gain of Rs. 148.02 crore out of a total recognized gain of Rs. 67.64 crore in the quarter ended June 30, 2025.

HGS Stock Price Movement​

On Friday, Hinduja Global Solutions Limited edged higher to close at ₹428.40, achieving a 1.41% gain in market trading. The equity saw active investor participation, recording a total traded volume of 52,313 shares throughout the session.