Hinduja Global Solutions Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Hinduja Global Solutions Ltd reported a 2.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 4.6%.
- Its expenses for the quarter were down by 4.4% QoQ and 6.7% YoY.
- The net profit decreased 83.0% QoQ and decreased 205.0% YoY.
- The earnings per share (EPS) of Hinduja Global Solutions Ltd declined at 0.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1234.87 | 1207.58 | 1294.90 | 2.3% | -4.6% |
Total Expenses | 1193.61 | 1248.24 | 1278.71 | -4.4% | -6.7% |
Profit Before Tax | 41.26 | -40.66 | 16.20 | -201.5% | 154.7% |
Tax | 49.85 | 9.85 | 8.02 | 406.1% | 521.6% |
Profit After Tax | -8.59 | -50.51 | 8.18 | -83.0% | -205.0% |
Earnings Per Share | -0.60 | -8.90 | 1.80 | -93.3% | -133.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Hinduja Global Solutions Ltd is a company that primarily operates in the outsourcing solutions industry, offering a wide range of services, including customer experience management, digital business transformation, and analytics. The company serves a variety of sectors, including healthcare, telecommunications, and technology. It is part of the Hinduja Group, which is a multinational conglomerate with a significant global presence. In recent years, Hinduja Global Solutions has focused on expanding its digital capabilities and enhancing its service offerings to address the evolving needs of its clients. Specific recent developments or strategic initiatives within the company are not detailed in the provided data.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Hinduja Global Solutions Ltd reported a total income of ₹1234.87 crores. This represents a quarter-over-quarter (QoQ) increase of 2.3% from the previous quarter (Q2FY25), where the total income was ₹1207.58 crores. However, when compared to the same quarter last year (Q3FY24), where the total income was ₹1294.90 crores, there is a year-over-year (YoY) decrease of 4.6%. The fluctuations in total income indicate changes in the company's revenue generation over the periods under consideration.
Profitability
The profitability of Hinduja Global Solutions Ltd during Q3FY25 shows significant variations from both the previous quarter and the same quarter in the previous year. The company recorded a profit before tax of ₹41.26 crores, which marks a substantial improvement from a loss of ₹40.66 crores in Q2FY25, reflecting a QoQ change of -201.5%. This is also a notable increase compared to Q3FY24's profit before tax of ₹16.20 crores, indicating a YoY improvement of 154.7%. Despite this improvement, the profit after tax for Q3FY25 was a loss of ₹8.59 crores, which is a significant reduction from a loss of ₹50.51 crores in Q2FY25, reflecting an 83.0% QoQ change. In contrast, Q3FY24 saw a profit after tax of ₹8.18 crores, resulting in a YoY change of -205.0%. The earnings per share in Q3FY25 were -₹0.60, showing improvement from -₹8.90 in Q2FY25, but a decline from ₹1.80 in Q3FY24.
Operating Metrics
Examining the operational expenses, Hinduja Global Solutions Ltd reported total expenses of ₹1193.61 crores in Q3FY25, which is a decrease of 4.4% QoQ from ₹1248.24 crores in Q2FY25. When compared to Q3FY24, where the total expenses were ₹1278.71 crores, there is a YoY decrease of 6.7%. These changes in expenses contribute to the overall financial performance of the company. Additionally, the tax expense in Q3FY25 was ₹49.85 crores, a significant increase of 406.1% QoQ from ₹9.85 crores in Q2FY25 and a 521.6% increase YoY from ₹8.02 crores in Q3FY24. The substantial rise in tax expenses notably impacts the net profitability of the company.
