Outcome of Board Meeting and Press Release
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hinduja Global Solutions Limited's Board approved audited standalone and consolidated financial results for FY ended March 31, 2026. The company reported standalone revenue of Rs. 1,827.12 crore, improving from Rs. 1,711.09 crore in FY25. However, the company recorded a net loss of Rs. 160.58 crore for FY26, significantly narrowed from Rs. 322.78 crore loss in FY25. The statutory auditors Haribhakti & Co. LLP issued unmodified audit reports confirming clean financial statements. The Board also re-appointed M/s. ABK & Associates as Cost Auditors for FY 2026-27. A notable disclosure includes a GAAR-related tax demand of Rs. 281.59 crore arising from the demerger of NXT Digital's DMC business, for which the company has obtained an interim stay from Bombay High Court. The Philippines branch contributed Rs. 307.22 crore in revenue and Rs. 34.75 crore net profit for the year.
The significant narrowing of losses despite flat revenue growth indicates improved operational efficiency. However, the Rs. 281.59 crore GAAR-related contingent tax liability remains a key risk factor pending Bombay High Court resolution. Clean audit opinions provide confidence in financial reporting accuracy.