HGS REPORTS Q4 & FULL-YEAR FY2025 RESULTS,Total Income stood at Rs. 4,958.8 crore

• Total Income stood at Rs. 1,297.7 crore for Q4 FY2025 while Total EBITDA was Rs. 279.2 crore.
• Total Income for the full-year FY2025 stood at Rs 4,958.8 crore while Total EBITDA was Rs. 811.8 crore.
• Launched new AI-Powered Digital CX & Data Innovation Hub in Waterloo, Canada.
• Elevation of Mr. Venkatesh Korla, President & CEO, HGS Americas, as the new Global CEO.
• Elevation of Mr. Mahesh Kumar Nutalapati, Deputy CFO, as the new Global CFO.

Mumbai, India : Hinduja Global Solutions (HGS or the Company) (listed on BSE & NSE) today announced its fourth quarter and audited full-year results for FY2025.

Financial Highlights for Q4 FY2025

HGS Consolidated Total Income stood at Rs. 1,297.7 crore.Total EBITDA was Rs. 279.2 crore; EBITDA margins were 21.5%.Revenue from operations stood at Rs. 1,161.1 crore. PAT for the quarter was near to break even at (1.7 crore)As on March 31, 2025, Net Cash and Treasury Surplus was Rs. 5,167.8 crore.

Financial Highlights for Full-Year FY2025

HGS Consolidated Total Income stood at Rs. 4,958.8 crore.Total EBITDA was Rs. 811.8 crore; EBITDA margins were 16.4%.PAT for the period was Rs. 100.7 crore (including Discontinued operations profit).Revenue from operations stood at Rs. 4,404.2 crore.

In view of the impending retirement of both Partha DeSarkar, Group CEO and Srinivas Palakodeti, CFO, the Board has approved, with immediate effect, the elevation of Mr. Venkatesh Korla, President & CEO, HGS Americas, as the new Global CEO of HGS and elevation of Mr. Mahesh Kumar Nutalapati, Deputy CFO, as the new Global CFO, respectively.

Venkatesh is an accomplished business leader with 25+ years of experience in core digital services and tech-enabled customer experience (CX). He has an impressive track record of growing high-performance teams globally and fostering lasting client relationships. In his earlier stints, he has been part of organisations providing expert consultation on digital strategies and solutions to Global 1000 companies, healthcare institutions, universities, and not-for-profit organisations. He also founded Element Solutions, later acquired by HGS and now forming the foundation of HGS’ tech services business, that delivers strategic consulting, data analytics, marketing technology, intelligent automation, and cloud solutions to clients across the private and public sectors.

Mr. Mahesh Kumar Nutalapati, who joined HGS earlier in February, is a Chartered Accountant with over 24 years of experience in various aspects of Finance. He brings extensive expertise in Financial Transformations, Risk management, Business enablement, IPOs, M&As – strategic evaluations & funding, Global Audit & Treasury management, establishment and management of Global Capability Centres (GCCs). He has also spearheaded multiple cost optimization initiatives and contributed significantly to the formulation of ESG framework in his career.  Mahesh has an impressive track record of driving financial strategy and advancing operational excellence.

Mr. Ashok P. Hinduja, Chairman, HGS said, “The company is currently evolving to align towards an AI-led future in line with the technology changes in the market and evolving client needs. Venkatesh, with his deep expertise and proven track record of leading digital transformation at scale, is the right person to lead HGS’ future growth with a digital approach. On behalf of the Board, I would like to congratulate him and am looking forward to collaborating on the new journey ahead.” Speaking on his elevation as the new Global CEO, Venkatesh Korla said, “It is a tremendous honour to take on the role of Global CEO at HGS. I step into this position with deep respect for the legacy we’ve built so far, led by the strong leadership of Partha DeSarkar, and a sense of great excitement for how we can shape the future. Our people are our greatest strength, and by combining their passion with the power of technology, we will create meaningful, human-centered solutions that redefine how we serve our clients and their customers, and accelerate our journey as a digitally-led organisation.”