HandsOn Global Management (HGM) Limited reported a consolidated net loss of ₹304.77 lakh for the financial year ended March 31, 2026, a reversal from the net profit of ₹422.32 lakh recorded in the previous year. The company’s standalone performance remained profitable, with a net profit of ₹562.17 lakh for FY26, compared to ₹422.39 lakh in FY25. The financial results were audited by statutory auditor Lodha & Co LLP, which issued an unmodified opinion.

The consolidated results reflect the impact of strategic investments and foreign exchange fluctuations during the year. For the quarter ended March 31, 2026, the company reported a consolidated net loss of ₹215.20 lakh, whereas the standalone results for the same quarter showed a net profit of ₹152.12 lakh. Total consolidated income for the year stood at ₹6,295.51 lakh, while standalone total income was ₹6,021.80 lakh.

Consolidated Financial Performance

The group’s financials for FY26 were influenced by the acquisition of Healthcare Capital Holdings LLC and its subsidiary Aideo Technologies LLC. Goodwill of ₹1,697.06 lakh was recognized on acquisition, with no impairment identified at the end of the year. Additionally, the fair value of the investment in Exela Technologies, Inc. was considered as ₹Nil, with changes in fair value recognized in Other Comprehensive Income.

Standalone Financial Performance

On a standalone basis, the company saw growth in revenue and profitability. Revenue from operations for FY26 increased to ₹5,675.74 lakh from ₹2,246.83 lakh in the previous year. Profit before tax for the year stood at ₹744.89 lakh, up from ₹479.63 lakh in FY25.

Board Decisions

The Board of Directors, in its meeting held on May 30, 2026, approved the re-appointment of Ajay Puri as an Independent Director for a second term of five years commencing from September 22, 2026, subject to shareholder approval. The Board also approved the shifting of the registered office from the 3rd Floor to the 4th Floor of Sharda Arcade, Pune, effective July 1, 2026. Additionally, request letters were received from certain promoters for the reclassification of their shareholding to the “Public” category, subject to necessary approvals.

HandsOn Global Management (HGM) Limited has submitted an application to the National Stock Exchange of India Limited and BSE Limited seeking no-objection certificates to reclassify specific promoter shareholdings to the public category. The company's board approved the reclassification of 814,246 equity shares, representing 6.46% of the paid-up share capital, during its meeting on May 30, 2026. This action follows requests from Stern Capital Partners LLC and Mr. Surinder Rametra to change their status from promoter to public shareholder under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The board determined that the requests align with regulatory provisions and approved them subject to necessary approvals from the stock exchanges and the company's shareholders. While Sun Investment Partners LLC is listed among the applicants, the filing confirms it holds 0 shares. The company had previously intimated the exchanges regarding these requests on May 11, 2026.

The following table details the shareholding proposed for reclassification:

The final implementation of this reclassification remains contingent upon the receipt of no-objection certificates from the exchanges and the requisite approval from the shareholders. The intimation was signed by Bhuvanesh Sharma, VP-Corporate Affairs, Company Secretary & Compliance Officer.