HGS announces Q4 and full-year results for FY2021
Q4 FY2021 earnings press release
Mumbai, India, June 18, 2021: Hinduja Global Solutions (HGS) (listed in BSE & NSE) today announced its audited Fourth Quarter and Full-Year Results for FY2021.
Speaking on the results, Partha DeSarkar, Executive Director and Global CEO of HGS said:
“The onset of the pandemic last year led to several challenges for HGS. I am very pleased with how TeamHGS overcame this phase by turning these challenges into opportunities.
It’s been a fantastic performance on many parameters. On like-to-like basis, HGS registered double-digit growth in revenue, EBIDTA and PAT for FY2021. Our PAT has been the highest-ever for both Q4 and full-year of FY2021.
Our strategy in FY2021 was simple – shift our people to primarily Work@Home model, create a strong momentum in client wins (new and existing), add big wins in core verticals like healthcare and Public Sector and sell more digital services. This has helped us achieve significant growth in the business and improve profitability. Additionally, adoption of cloud telephony has helped us scale our business rapidly, without having to spend on capex for brick and mortar expansion. The successful transition to Work@Home has also given us the highest employee satisfaction scores and customer satisfaction scores ever.
Looking ahead, we expect to build on this momentum and are investing in aggressive growth in FY2022.”
About Hinduja Global Solutions (HGS)
A global leader in business process management (BPM) and optimizing the customer experience lifecycle, HGS is helping make its clients more competitive every day. HGS combines technology-powered services in automation, analytics and digital with domain expertise focusing on back office processing, contact centers and HRO solutions to deliver transformational impact to clients. Part of the multi-billion dollar conglomerate Hinduja Group, HGS takes a true “globally local” approach, with over 39,889 employees across 56 delivery centers in seven countries making a difference to some of the world’s leading brands across nine key verticals. For the year ended 31st March 2021, HGS had revenues of Rs.5,889million (US$ 753.9million).
Visit https://hgs.cx/ to learn how HGS can help make your business more competitive.