Hinduja Global Solutions expanded its international footprint on July 03, 2026, through the formation of a step-down subsidiary in Dubai, UAE. HGS International, Mauritius, a wholly owned subsidiary of Hinduja Global Solutions, established HGS MENA IT Consulting L.L.C to deliver consultancy services related to information technology. The move aims to strengthen the company's presence in the Middle East and North Africa (MENA) region.

The Dubai Department of Economy and Tourism approved the formation of the entity. HGS MENA IT Consulting L.L.C is classified under the Information Technology Consultants industry and will operate as a wholly owned subsidiary of HGS International, Mauritius, making it a step-down subsidiary of Hinduja Global Solutions Limited.

HGS International, Mauritius, holds 100% of the shareholding in the newly formed entity. The initial investment for the incorporation was AED 1 lakh, and the cost of subscription for the shares was also AED 1 lakh, as per the disclosure made to the stock exchanges. The event occurred at 12.20 pm on July 03, 2026.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Detailed information regarding the incorporation has been provided in Annexure A of the regulatory filing.

Key Details of HGS MENA IT Consulting L.L.C

The following table outlines the key parameters of the newly incorporated subsidiary:

Hinduja Global Solutions has released the transcript of its earnings conference call for the fourth quarter and financial year ended March 31, 2026. The company reported a revenue from operations of Rs. 4,307 crores for the full year, with a total income of Rs. 4,857 crores. EBITDA for the year stood at Rs. 649 crores, reflecting a margin of 13.4%. For the fourth quarter, revenue from operations was Rs. 1,085 crores, with total income at Rs. 1,255 crores and an EBITDA margin of 15.7%. The Board has recommended a final dividend of Rs. 5 per equity share for FY2026, subject to shareholder approval at the AGM.

The disclosure was made to the stock exchanges under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. Management highlighted that FY2026 was a year of disciplined transformation, focused on strengthening fundamentals and simplifying the business. The company rationalized its cost base across real estate, technology, and infrastructure, resulting in approximately 200 basis points of margin improvement.

Financial Performance Summary

The company signed 79 new clients across BPM and Digital services during the year, marking its strongest year for client acquisitions. Strategic initiatives included the launch of "Realized AI" to deploy AI in production and the signing of a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh for "Project Ganga." This project aims to empower up to 10,000 entrepreneurs as Digital Service Providers and connect over 2 million households with high-speed broadband over the next two to three years.

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The earnings call featured key management personnel, including Mr. Venkatesh Korla, Global Chief Executive Officer, Mr. Mahesh Kumar Nutalapati, Global Chief Financial Officer, and Mr. Vynsley Fernandes, Whole-time Director and CEO of NXTDIGITAL Media Business.