InvestorQ : How do you see the latest results of Hinduja Global Solutions?
Mitali Bhutta made post

How do you see the latest results of Hinduja Global Solutions?

Answer
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3 weeks ago


Hinduja Global Solutions reported 21.7% increase in net profit at Rs.49.20 crore for the Jun-20 quarter. For the Jun-20 quarter the company’s revenues gr3ew by 1.5% to Rs.1236 crore. Like most IT companies, Hinduja is also realigning its product mix towards digital.

Last year, Hinduja Global had sold its India CRM business to Altruist Technologies. Among the various verticals that it operates in, Healthcare and Consumer Engagement Services verticals posted solid contribution to the top line and also to the bottom line.

HGS has an employee count of over 37,000. In terms of client mix, it had 227 core BPM clients and 691 Payroll processing clients. One of the company’s key drivers, Mr. S Mahadevan, will be retiring from the company on September 30, 2020.