Outcome of the Board Meeting - Approval of financial results for the year ended 31 March and Appointment of Cost Auditor
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Hinduja Global Solutions Limited's Board approved audited standalone and consolidated financial results for FY ended March 31, 2026. Standalone revenue from operations grew to Rs. 1,827.12 crore from Rs. 1,711.09 crore, though the company reported a net loss of Rs. 160.58 crore (improved from Rs. 322.78 crore loss in previous year). The Board also re-appointed M/s. ABK & Associates as Cost Auditors for FY 2026-27. Auditors Haribhakti & Co. LLP issued unmodified audit reports. A contingent liability of Rs. 281.59 crore related to GAAR tax proceedings is disclosed, with Bombay High Court having granted interim stay on the matter.
The company showed improved financial performance with significantly reduced losses year-on-year. The GAAR tax dispute remains a key risk factor despite interim relief. No immediate shareholder impact expected from cost auditor appointment.