Stock Report

HGS delivers resilient Q3 FY2026 amid Transformation

Posted On : 2026-02-12 23:17:59( TIMEZONE : IST )

Hinduja Global Solutions (HGS), listed on BSE and NSE, announced its unaudited Q3 FY2026 results from Mumbai on February 11, 2026. The company reported a softer quarter during a focused transformation phase to boost long-term competitiveness, with AI investments like Agent X and Agentic AI solutions gaining strong commercial traction.

Revenue from operations reached ₹1,075.4 crore, up 1.1% year-on-year (YoY). Total income was ₹1,192.2 crore, down 3.5% YoY, while total EBITDA stood at ₹133.7 crore with margins at 11.2% versus 19.0% in Q3 FY2025. For 9M FY2026, revenue from operations was ₹3,222.7 crore (down 0.6% YoY), total income ₹3,602.4 crore (down 1.6% YoY), and EBITDA ₹451.4 crore at 12.5% margins (versus 14.5% prior year).

HGS added 21 new digital CX/tech clients and 16 HRO/Payroll clients, with AI-led deployments in BFSI, Retail, and Tech sectors. As of December 31, 2025, it served 423 digital CX/tech clients, 873 HRO/Payroll clients, and NXTDIGITAL had over 4.8 million customers. Operations span 10 countries with 30 global delivery centers; total headcount was 17,549. Digital Media covers 4,500 pin codes, 200,000 km of fiber networks, and 125+ NXTHUBs.

Awards include HGS DaVinci winning at Newsweek AI Impact Awards 2025 APAC & EMEA, recognition as a Leader in Nelson Hall GenAI NEAT 2025, and Major Contender in multiple Everest Group PEAK Matrix assessments.

Venkatesh Korla, Global CEO, stated: "This quarter demonstrated the resilience of our business and the steady progress of our transformation agenda. While a few client-specific volume shifts had an impact, our fundamentals remained strong, supported by healthy new client momentum and the continued expansion of key client relationships. Our Agentic-AI solutions, with human-in-the-loop, are gaining real traction in the market, with active deployments across banking, healthcare and consumer services… reinforcing the strength of our strategy and our focus on intelligent, outcome-based delivery. With rising demand for AI-driven CX and intelligent operations, we are seeing a marked shift in the nature of client conversations. Enterprises are looking for partners who can combine domain expertise, advanced AI capabilities and a verticalized model, and HGS is well positioned to deliver on that expectation. As we enter the last quarter of FY2026, we do so with confidence, sharper visibility into growth, and a stronger foundation for sustainable performance."

Vynsley Fernandes, Whole-time Director and CEO of NXTDIGITAL, added: "The Digital Media business reported a steady performance in Q3, supported by focused execution and operational discipline. Broadband subscriber traction remained consistent, driven by a healthier customer mix and an increasing uptake of higher-speed plans. Our aggressive expansion into Tier-III markets is progressing as planned, with 59 out of 100 of the new identified towns, now operational and the balance scheduled to go live by Q1 of next fiscal. The broadband vertical also recorded sequential margin improvement through cost optimization and better capacity utilization, while our digital television business maintained ARPU stability alongside operating efficiencies."

Shares of Hinduja Global Solutions Limited was last trading in BSE at Rs. 418.35 as compared to the previous close of Rs. 418.05. The total number of shares traded during the day was 212 in over 39 trades.

The stock hit an intraday high of Rs. 423.00 and intraday low of 417.00. The net turnover during the day was Rs. 88786.00.