Venkatesh Korla, Global Chief Executive Officer of Hinduja Global Solutions, and Vynsley Fernandes, Whole time Director of HGS and Chief Executive Officer of NXTDIGITAL media businesses, comment on performance and outlook
HGS reports Q3 FY2026 results amid AI led transformation phase
For Q3 FY2026, consolidated revenue from operations stood at Rs. 1,075.4 crore, up 1.1 percent year on year. Total income was Rs. 1,192.2 crore, reflecting a decline of 3.5 percent year on year. Total EBITDA for the quarter was Rs. 133.7 crore, with EBITDA margins at 11.2 percent compared to 19.0 percent in Q3 FY2025.
During the quarter, HGS added 21 new clients in digital CX and technology solutions and 16 clients in HRO and payroll processing. The company also signed multiple engagements focused on early stage AI deployments, particularly across banking, financial services, retail, and technology sectors.
The company also received multiple recognitions during the period, including awards for its CX analytics solution HGS DaVinci and acknowledgements from global analyst firms for its digital transformation and GenAI capabilities.
Commenting on the Digital Media division, Vynsley Fernandes, Whole time Director of HGS and Chief Executive Officer of NXTDIGITAL media businesses, said the business delivered steady performance supported by operational discipline. He noted that broadband subscriber traction remained consistent, supported by higher speed plan adoption and an improved customer mix. He added that expansion into Tier III markets is progressing, with 59 of the identified 100 towns operational and the remaining expected to go live by the first quarter of the next fiscal year. He also said the broadband vertical recorded sequential margin improvement through cost optimisation and improved capacity utilisation, while the digital television business maintained ARPU stability.
AI driven customer experience services India Broadband ARPU stability NXTDIGITAL India Digital transformation services mid market enterprises HGS Agentic AI solutions client deployments HGS AI investments Agent X traction HGS awards analyst recognition Q3 FY2026 HGS broadband expansion Tier III markets HGS DaVinci CX analytics award recognition HGS EBITDA margins Q3 FY2026 comparison HGS Everest Group PEAK Matrix mention HGS GenAI enabled transformation analyst ranking HGS global delivery centres ten countries HGS headcount December 2025 workforce data HGS HRO payroll processing client growth HGS ISG Index managed services recognition HGS NelsonHall GenAI transformation leadership HGS new client additions digital CX HGS nine month FY2026 financial performance HGS operational discipline digital media division HGS part of Hinduja Group India HGS Q3 FY2026 financial results India HGS revenue from operations Q3 FY2026 Hinduja Global Solutions quarterly earnings report Indian BPM sector quarterly results update NXTDIGITAL customer base 4.8 million India PP News corporate earnings India Prittle Prattle News quarterly results reporting Smruti Bhalerao business earnings coverage Venkatesh Korla comments on HGS results Vynsley Fernandes NXTDIGITAL performance update
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