Hinduja Global Solutions Limited — Updates, 14-11-2024: Press Release

Hinduja Global Solutions Limited has reported a total income of ₹1,207.6 crore for Q2 FY2025, with an EBITDA of ₹154.8 crore, representing an EBITDA margin of 12.8%. For the first half of FY2025, total income reached ₹2,426.2 crore, with EBITDA totaling ₹298.3 crore and a PAT of ₹111 crore. During this period, the company secured two major contracts in North America and opened an AI Hub in Manila to enhance its digital services.

Employee count has risen to 17,974, supported by the establishment of a new customer experience hub in Cape Town, South Africa. The company's balance sheet remains robust, with a net cash and treasury surplus of ₹5,090.2 crore as of September 30, 2024. HGS continues to see a promising sales pipeline in tech-enabled customer experience services despite prevailing macroeconomic pressures, positioning itself well for future growth. However, ongoing challenges in the UK market were noted, prompting HGS to focus on investments and operational optimizations to sustain growth.