Hinduja Global Solutions Ltd reports fall in Q1FY24 consolidated PAT to Rs. 14.86 crores

Hinduja Global Solutions Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1247.6174 crores during the period ended June 30, 2023 as compared to Rs. 1168.1232 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 14.8661 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 25.3195 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 3.25 for the period ended June 30, 2023 as compared to Rs. 4.89 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 1247.6174 crs	₹1168.1232 crs	6.81%
Net Profit	₹14.8661 crs	₹25.3195 crs	-41.29%
EPS	₹3.25	₹4.89	-33.54%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 1247.6174 crores during the period ended June 30, 2023 as compared to Rs.1321.3325 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.14.8661 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.34.6049 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.3.25 for the period ended June 30, 2023 as compared to Rs.6.52 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 1247.6174 crs	₹1321.3325 crs	-5.58%
Net Profit	₹14.8661 crs	₹34.6049 crs	-57.04%
EPS	₹3.25	₹6.52	-50.15%

Shares of Hinduja Global Solutions Limited was last trading in BSE at Rs. 1051.50 as compared to the previous close of Rs. 1047.90. The total number of shares traded during the day was 3757 in over 422 trades.

The stock hit an intraday high of Rs. 1060.00 and intraday low of 1045.05. The net turnover during the day was Rs. 3958053.00.

Source : Equity Bulls

Keywords

HindujaGlobalSolutions Q1FY24 ResultUpdate