Hinduja Global Solutions Limited - Consolidated Financial Performance: Q3 FY2015

Preferisci Informazione.News su Google

EBITDA of Rs. 904 million with margin of 12.3%

PAT of Rs. 528 million with margin of 7.2%

As of December 31, 2014, the Company had Net Debt of Rs. 651 million and Net Worth of Rs. 15,562 million

Declared third interim dividend of Rs. 5 per share

NelsonHall recognized HGS as a Leader in Customer Management Services in Telecommunication, Satellite & Cable industry

HGS opened its 60^th delivery center at El Paso, TX

Hinduja Global Solutions Limited (HGS) (Listed on NSE & BSE, India) announced its Unaudited Third Quarter Results for FY2015 yesterday.

Commenting on the results and performance, Mr. Partha DeSarkar, Chief Executive Officer said:

"Our continued focus on our sales and marketing initiatives resulted in the addition of new clients as well as increased business from existing clients. The strong demand for our services has resulted in an optimal level of operation across all our facilities. During the quarter, we recorded a strong revenue growth of around 12% to reach Rs. 7,325 million. This performance was achieved despite the revenue loss on account of exit of non-profitable clients which is in-line with our portfolio rationalization strategy. 

During Q3 FY2015, the ramp-ups in the Philippines coupled with unfavorable movement of the Canadian Dollar had a negative impact on our profitability. We believe that our profitability will improve on completion of ramp-ups in Philippines. Improvement in demand from telecom clients in Canada and steady performance of Europe and US operations strengthens our confidence that the growth momentum will continue in the mid to long term." 

Consolidated Financial Highlights 

Consolidated Q3 FY2015 Financial Highlights: 

Q3 FY2015 Business Highlights: 

Performance Outlook:  

Industry Recognitions:  

In 2014, HGS has made significant progress in being recognized as one of the leading players in the Contact Center Outsourcing space by the analyst and advisor community. In the past quarter, HGS has been featured in a number of high profile reports that showcase the Company's vertical expertise and extensive capabilities to potential clients.

About Hinduja Global Solutions: 

HGS is a leader in optimizing the customer experience and helping our clients to become more competitive.  HGS provide a full suite of business process management services from marketing and digital enablement services, consumer interaction services to platform enabling back office business services. By applying analytics and interaction expertise to deliver innovation and thought leadership, HGS increases revenue, improves operating efficiency and helps to retain valuable customers. HGS expertise span the telecommunications and media, healthcare, insurance, banking, consumer electronics and technology, retail, consumer packaged goods industries, as well as the public sector.  HGS operates on a global landscape with over 28,000 employees in 60 worldwide locations delivering localized solutions.  For the year ended 31^stMarch 2014, HGS had revenues of US $412 million. HGS, part of the multi-billion dollar Hinduja Group, has over four decades of experience working with some of the world's most recognized brands.

http://www.teamhgs.com

Safe Harbour 

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause our actual results to differ materially from those in such forward-looking statements. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.