Hinduja Global Solutions Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 14, 2024 at 07:24 am EST
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Hinduja Global Solutions Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 12,036.68 million compared to INR 11,191.24 million a year ago. Revenue was INR 12,949.05 million compared to INR 11,644.08 million a year ago. Net income was INR 101.34 million compared to INR 508.57 million a year ago. Basic earnings per share from continuing operations was INR 1.82 compared to INR 9.83 a year ago. Diluted earnings per share from continuing operations was INR 1.82 compared to INR 9.83 a year ago. Basic earnings per share was INR 1.82 compared to INR 9.83 a year ago. Diluted earnings per share was INR 1.82 compared to INR 9.83 a year ago.
For the nine months, sales was INR 35,170.16 million compared to INR 34,353.52 million a year ago. Revenue was INR 38,299.24 million compared to INR 38,385.7 million a year ago. Net income was INR 427.22 million compared to INR 3,067.33 million a year ago. Basic earnings per share from continuing operations was INR 9 compared to INR 50.01 a year ago. Diluted earnings per share from continuing operations was INR 9 compared to INR 50.01 a year ago. Basic earnings per share was INR 9 compared to INR 58.82 a year ago. Diluted earnings per share was INR 9 compared to INR 58.81 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.