Hinduja Global Solutions (HGS) has reported a consolidated loss of ₹8.2 crore in the January-March quarter of FY26, weighed down by tax expenses and losses in the media vertical.

The company had posted a profit (attributable to owners) of ₹3.8 crore in the corresponding period of the previous fiscal year, according to regulatory filings.

The company incurred a total tax expense of ₹22.87 crore during the quarter.

Furthermore, the Media and Communications segment was a major drag on operating performance, reporting a segment loss (before interest and tax) of ₹50.10 crore for the quarter.

HGS’ revenue from operations fell 6.5 per cent to ₹1,084.67 crore in Q4 FY26, as compared to ₹1,161 crore in Q4 FY25.

Seen sequentially, profit declined from ₹42.5 crore in Q3 FY26, while revenue remained nearly flat.

For the full fiscal year of 2025-26, HGS’ profit came in at ₹32.19 crore, a 73 per cent drop from ₹121.42 crore in FY25.

In FY25, the company had recorded a gain of ₹218.54 crore from discontinued operations (sale of its healthcare services business).

The Media and Communications segment saw its full-year losses (before interest and tax) widen to ₹175.46 crore in FY26, compared to a loss of ₹38.86 crore in FY25.

Revenue from operations slid 2 per cent to ₹4,307.36 crore in FY26.

“We are seeing a clear shift in client conversations… from exploring AI to putting it to work, and our approach is to embed intelligence directly into business workflows to deliver tangible, real-world results.

“While HGS reported a softer fourth quarter, we are encouraged by the growing demand for outcome-led solutions and the momentum we are building. As we look ahead, we remain confident that this focused pivot positions HGS for sustained growth and long-term impact,” Venkatesh Korla, Global CEO of HGS, said.

As of March 31, 2026, HGS has 17,110 staff.

Published on June 1, 2026