Integrated Filing — IndAS



General information about company
Scrip Code 532859
NSE Symbol HGS
MSEI Symbol NOTLISTED
ISIN INE170I01016
Name of company Hinduja Global Solutions Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 28-May-2025   17:15:00
End date and time of board meeting 28-May-2025   20:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 11610600000 44041800000
Other income 1366600000 5545800000
Total income 12977200000 49587600000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 214400000 700500000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 31700000 -92800000
(d) Employee benefit expense 5939900000 24786600000
(e) Finance costs 547800000 2291400000
(f) Depreciation, depletion and amortisation expense 1209300000 5228100000
(f) Other Expenses
1 Other Expenses 3999600000 16075400000
Total other expenses 3999600000 16075400000
Total expenses 11942700000 48989200000
3 Total profit before exceptional items and tax 1034500000 598400000
4 Exceptional items 0 0
5 Total profit before tax 1034500000 598400000
6 Tax expense
7 Current tax 202500000 594200000
8 Deferred tax 848900000 1182400000
9 Total tax expenses 1051400000 1776600000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations -16900000 -1178200000
12 Profit (loss) from discontinued operations before tax 0 2185400000
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 2185400000
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period -16900000 1007200000
17 Other comprehensive income net of taxes 256900000 1313300000
18 Total Comprehensive Income for the period 240000000 2320500000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 38100000 1214160000
Total profit or loss, attributable to non-controlling interests -55000000 -207000000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 263500000 1331400000
Total comprehensive income for the period attributable to owners of parent non-controlling interests -6600000 -18100000
21 Details of equity share capital
Paid-up equity share capital 465200000 465200000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 74412000000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.82 -20.88
Diluted earnings (loss) per share from continuing operations 0.82 -20.88
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 46.98
Diluted earnings (loss) per share from discontinued operations 0 46.98
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.82 26.1
Diluted earnings (loss) per share from continuing and discontinued operations 0.82 26.1
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 3877900000
Capital work-in-progress 87800000
Investment property 220400000
Goodwill 9954300000
Other intangible assets 4979900000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 2205800000
Trade receivables, non-current 0
Loans, non-current 15000000
Other non-current financial assets 794400000
Total non-current financial assets 3015200000
Deferred tax assets (net) 1023900000
Other non-current assets 10575800000
Total non-current assets 33735200000
2 Current assets
Inventories 259200000
Current financial asset
Current investments 34226100000
Trade receivables, current 7644800000
Cash and cash equivalents 7516900000
Bank balance other than cash and cash equivalents 1042400000
Loans, current 19296200000
Other current financial assets 1760000000
Total current financial assets 71486400000
Current tax assets (net) 3284200000
Other current assets 2955400000
Total current assets 77985200000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 111720400000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 465200000
Other equity 76616000000
Total equity attributable to owners of parent 77081200000
Non controlling interest 1467300000
Total equity 78548500000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 3300800000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 4226500000
Total non-current financial liabilities 7527300000
Provisions, non-current 2160600000
Deferred tax liabilities (net) 221100000
Deferred government grants, Non-current 0
Other non-current liabilities 2500000
Total non-current liabilities 9911500000
Current liabilities
Current financial liabilities
Borrowings, current 8568200000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 31800000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 5059100000
Total Trade payable 5090900000
Other current financial liabilities 6792300000
Total current financial liabilities 20451400000
Other current liabilities 1848000000
Provisions, current 368500000
Current tax liabilities (Net) 592500000
Deferred government grants, Current 0
Total current liabilities 23260400000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 33171900000
Total equity and liabilites 111720400000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Business Process Management 8033400000 31501300000
2 Media and Communications 3577200000 12540500000
Total Segment Revenue 11610600000 44041800000
Less: Inter segment revenue 0 0
Revenue from operations 11610600000 44041800000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Business Process Management 1277400000 5463800000
2 Media and Communications 304900000 -388600000
Total Profit before tax 1582300000 5075200000
i. Finance cost 547800000 547800000
ii. Other Unallocable Expenditure net off Unallocable income 0 0
Profit before tax 1034500000 2783800000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Business Process Management 82898800000 82898800000
2 Media and Communications 23584800000 23584800000
Total Segment Asset 106483600000 106483600000
Un-allocable Assets 5236800000 5236800000
Net Segment Asset 111720400000 111720400000
4 Segment Liabilities
Segment Liabilities
1 Business Process Management 11356900000 11356900000
2 Media and Communications 8424100000 8424100000
Total Segment Liabilities 19781000000 19781000000
Un-allocable Liabilities 13390900000 13390900000
Net Segment Liabilities 33171900000 33171900000
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Net Profit / (Loss) on fair valuation of equity instruments through other comprehensive income (net) -58700000 -48700000
2 Remeasurements of post-employee benefit obligation (net) 19700000 -67600000
Total Amount of items that will not be reclassified to profit and loss -39000000 -116300000
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
3 Amount of items that will be reclassified to profit and loss
1 Effective portion of designated portion of hedging instruments in a cash flow hedge (net) 38300000 12600000
2 Exchange differences in translating the financial statements of foreign operations (net) 257600000 1417000000
Total Amount of items that will be reclassified to profit and loss 295900000 1429600000
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income 256900000 1313300000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 598400000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 2291400000
Adjustments for decrease (increase) in inventories -92800000
Adjustments for decrease (increase) in trade receivables, current -444100000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -989700000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current -15500000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 2322700000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 42000000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 5228100000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 1588700000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -1536700000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains -256500000
Adjustments for dividend income 14800000
Adjustments for interest income 4475100000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 6100000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -49300000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 3604500000
Net cash flows from (used in) operations 4202900000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) -368800000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 4571700000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 1269900000
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 248800000
Purchase of property, plant and equipment 2436600000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 25320500000
Cash receipts from repayment of advances and loans made to other parties 28280500000
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 14800000
Interest received 4137600000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 1368200000
Net cash flows from (used in) investing activities 5022900000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 46133800000
Repayments of borrowings 47323900000
Payments of lease liabilities 0
Dividends paid 284100000
Interest paid 2290700000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -5216900000
Net cash flows from (used in) financing activities -8981800000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 612800000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 158900000
Net increase (decrease) in cash and cash equivalents 771700000
Cash and cash equivalents cash flow statement at beginning of period 6745200000
Cash and cash equivalents cash flow statement at end of period 7516900000