Hinduja Global Solutions Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 13, 2023 at 08:09 am EST
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Hinduja Global Solutions Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 11,191.24 million compared to INR 10,518.7 million a year ago. Revenue was INR 11,646.41 million compared to INR 10,752.85 million a year ago. Net income was INR 510.74 million compared to INR 1,337.55 million a year ago. Basic earnings per share from continuing operations was INR 9.87 compared to basic loss per share from continuing operations of INR 7.22 a year ago. Basic earnings per share was INR 9.87 compared to INR 26.19 a year ago.
For the nine months, sales was INR 34,353.52 million compared to INR 31,633.43 million a year ago. Revenue was INR 38,549.61 million compared to INR 32,618.83 million a year ago. Net income was INR 3,230.43 million compared to INR 3,260.13 million a year ago. Basic earnings per share from continuing operations was INR 53.12 compared to basic loss per share from continuing operations of INR 14.86 a year ago. Diluted earnings per share from continuing operations was INR 53.12 compared to diluted loss per share from continuing operations of INR 14.86 a year ago. Basic earnings per share was INR 61.92 compared to INR 63.89 a year ago. Diluted earnings per share was INR 61.92 compared to INR 63.86 a year ago.
Hinduja Global Solutions Limited is an India-based company, which is engaged in business process management (BPM) and media and communication business. The Company operates through two segments: BPM and Media and communications. The BPM segment offer voice and non-voice-based services such as contact center solutions and back-office transaction processing across America, Canada, Europe, Asia and Middle East. The Media & Entertainment activities include the commercial exploitation of Dark Fiber owned by the Company as a licensee under the Telecom regulations. The BPM includes services like back-office processing, contact center and HRO solutions. Its digital media business, NXTDIGITAL, is an integrated digital delivery platforms company delivering services via satellite, digital cable, and broadband. The Company's subsidiaries include HGS International, Mauritius, HGS (USA), LLC, HGS Canada Inc., Hinduja Global Solutions UK Ltd, Team HGS Ltd., Jamaica, HGS Digital LLC, and others.