HGS Approves Audited FY26 Standalone & Consolidated Results; Reappoints Cost Auditors
Hinduja Global Solutions Limited approved audited standalone and consolidated financial results for FY26. The company reported a standalone net loss of ₹160.58 crore and a consolidated net profit of ₹481.83 crore for the year ended March 31, 2026. M/s. ABK & Associates were reappointed as Cost Auditors for FY27.
The approval of annual financial results, including both standalone losses and consolidated profits, is material information for investors. The re-appointment of cost auditors is a standard corporate action with a lower impact.
The announcement reports on the approval of financial results, which include both a net loss on a standalone basis and a net profit on a consolidated basis. While the re-appointment of auditors is routine, the mixed financial outcome leads to a neutral sentiment.
Hinduja Global Solutions Limited (HGS) announced the outcome of its Board Meeting held on May 29, 2026, where the Board considered and approved the audited Standalone and Consolidated Financial Results for the fiscal year ended March 31, 2026.
The meeting, which commenced at 2:00 p.m. IST and concluded at 7:30 p.m. IST, also saw the approval of the Q4 & FY2025-26 Earnings Press Release. Furthermore, the Board approved the re-appointment of M/s. ABK & Associates as Cost Accountants for the financial year 2026-27, with the remuneration payment subject to shareholder ratification.
The company also disclosed that the Statutory Auditors, M/s. Haribhakti & Co. LLP, have issued unmodified Audit Reports for both the Standalone and Consolidated Financial Results for the fiscal year ended March 31, 2026.
The financial results indicate a net loss for the year ended March 31, 2026, amounting to ₹160.58 crore on a standalone basis and a net profit of ₹481.83 crore on a consolidated basis. The announcement also highlighted a contingent liability of ₹281.59 crore related to GAAR- proceedings, for which an interim stay has been granted by the Bombay High Court.
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Hinduja Global Solutions Limited filed this with the NSE as a statutory disclosure, categorised under annual results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Hinduja Global Solutions Limited. Read the original for the full detail.