HGS launches Project GANGA to connect 20 lakh UP homes

1 min read     Updated on 10 Jun 2026, 01:13 AM
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AI Summary

Hinduja Global Solutions Limited partnered with the Uttar Pradesh Government to launch Project GANGA, aiming to connect 20 lakh households with high-speed broadband under the brand 'Ganga Fiber'. The initiative will develop 10,000 Digital Service Providers and generate over 100,000 employment opportunities.

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Hinduja Global Solutions Limited has partnered with the Uttar Pradesh Government to launch Project GANGA, a state-wide digital inclusion initiative aimed at connecting over 20 lakh households with high-speed broadband. The project, formally flagged off by Uttar Pradesh Chief Minister Shri. Yogi Adityanath in Lucknow on June 9, 2026, seeks to establish a robust digital backbone across the state within the next 2–3 years. Broadband services under this initiative will be offered under the brand name "Ganga Fiber".

The launch follows a Memorandum of Understanding signed in March 2026 between the State Transformation Commission of the Government of Uttar Pradesh and OneOTT Entertainment Limited (OIL), the broadband vertical of hinduja global solutions . The project is designed to foster social upliftment by developing up to 10,000 local entrepreneurs at the Nyaya Panchayat level into Digital Service Providers (DSPs). These entrepreneurs will be responsible for delivering last-mile connectivity and digital services in their respective regions.

Employment and Entrepreneurship

Project GANGA is expected to generate over 100,000 direct and indirect employment opportunities across the state, with a strong emphasis on youth empowerment and the participation of women entrepreneurs. The initiative aligns with the state government's budget announcement for 2026-27 to create 8,000–10,000 digital entrepreneurs, targeting 50% participation by women. DSP partners will receive support through structured onboarding, training, and financing assistance under the CM-YUVA scheme.

Strategic Infrastructure and Support

The implementation leverages the execution capabilities of OIL, supported by the national digital infrastructure footprint of HGS and NXTDIGITAL. Together, these entities currently connect more than 5 million homes across India, operating in over 4,500 pin codes spanning 1,500 cities and towns. The network relies on over 2 lakh kilometres of fibre infrastructure and a network of 15,000+ franchise partners.

Project Overview

Feature Details
Project Name Project GANGA (Government Assisted Network for Growth & Advancement)
Target Connectivity 20 lakh households
Timeline 2–3 years
Target Entrepreneurs 8,000–10,000 Digital Service Providers
Employment Goal Over 100,000 opportunities
Service Brand Ganga Fiber

The Project Ganga portal is now live, enabling citizens to apply and participate in the initiative. The project is aligned with the broader digital vision of the Uttar Pradesh Government to expand access to education, healthcare, and governance services through reliable broadband infrastructure.

Historical Stock Returns for Hinduja Global Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-0.51%-1.51%-10.26%-11.54%-23.26%-66.29%

What metrics will be used to evaluate the success of the Digital Service Provider model in ensuring last-mile connectivity?

How will the project ensure financial sustainability for the local entrepreneurs once the initial government support under the CM-YUVA scheme concludes?

Could this public-private partnership model be replicated in other Indian states to accelerate national digital inclusion?

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Hinduja Global Solutions reports Q4 FY26 loss, recommends dividend

1 min read     Updated on 06 Jun 2026, 09:20 AM
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AI Summary

Hinduja Global Solutions Limited reported a consolidated net loss of ₹13.6 crore for Q4 FY26, compared to a loss of ₹1.7 crore in Q4 FY25, while full-year FY26 net profit dropped to ₹4.9 crore from ₹100.7 crore. Revenue from operations for Q4 FY26 declined 6.6% year-on-year to ₹1,084.7 crore, with EBITDA margins contracting to 15.7%. The Board recommended a final dividend of ₹5 per equity share for FY26, subject to shareholder approval.

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Hinduja Global Solutions Limited reported a consolidated net loss of ₹13.6 crore for Q4 FY26, compared to a net loss of ₹1.7 crore in Q4 FY25. For the full year FY26, the company reported a net profit of ₹4.9 crore, a decrease from ₹100.7 crore in the previous year. The Board has recommended a final dividend of ₹5 per equity share for FY26, subject to shareholder approval at the Annual General Meeting.

Revenue from operations for Q4 FY26 stood at ₹1,084.7 crore, a decline of 6.6% year-on-year. Total income for the quarter was ₹1,254.6 crore. EBITDA for the quarter was ₹197.1 crore, with margins contracting to 15.7% from 21.5% in the corresponding period of the previous year. Profit before tax for the quarter was ₹9.3 crore, down from ₹103.5 crore in Q4 FY25.

For the full year FY26, total income from operations stood at ₹4,307.4 crore, while EBITDA was ₹648.6 crore with a margin of 13.4%. The company reported a net treasury and cash surplus of ₹5,346 crore as of Q4 FY26.

Financial Performance

Metric Q4 FY26 Q4 FY25 FY26 FY25
Revenue from Operations ₹1,084.7 crore ₹1,161.1 crore ₹4,307.4 crore ₹4,404.2 crore
Total Income ₹1,254.6 crore ₹1,297.7 crore ₹4,857.0 crore ₹4,958.8 crore
Net Profit/(Loss) (₹13.6 crore) (₹1.7 crore) ₹4.9 crore ₹100.7 crore
EBITDA ₹197.1 crore ₹279.2 crore ₹648.6 crore ₹811.8 crore
EBITDA Margin 15.7% 21.5% 13.4% 16.4%

Operational Highlights

During FY26, the company focused on its evolution into an intelligent experiences provider, emphasizing "Realized AI" to deliver measurable outcomes. The Digital Media business, NXTDIGITAL, signed an MoU with the Government of Uttar Pradesh for Project GANGA, a digital inclusion initiative aiming to connect over 2 million households. The project is expected to generate employment for more than 100,000 individuals and empower 8,000-10,000 entrepreneurs.

Historical Stock Returns for Hinduja Global Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-0.51%-1.51%-10.26%-11.54%-23.26%-66.29%

What specific measures is Hinduja Global Solutions implementing to reverse the EBITDA margin contraction observed in FY26?

How will the company utilize its substantial net treasury and cash surplus of ₹5,346 crore to drive future growth or shareholder value?

What is the expected timeline for revenue generation from the NXTDIGITAL Project GANGA initiative in Uttar Pradesh?

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