HRH Next Services Limited has entered into a strategic agreement with Chai Shots Private Limited to provide outbound call center services. The partnership aims to cater to the prospective customers of Chai Shots Private Limited, leveraging HRH Next's service capabilities. This agreement is expected to enhance the service outreach for Chai Shots Private Limited while securing a steady business engagement for HRH Next Services Limited over the contract period.

The agreement was executed under Regulation 30, with the scheduled date recorded as June 2, 2026. The duration of the contract is set for two years, providing a defined timeframe for the service engagement. The terms stipulate that either party retains the discretion to terminate the agreement for convenience without assigning any reason, provided a prior written notice of one month is issued to the other party.

Disclosures confirm that there is no shareholding by HRH Next Services Limited in Chai Shots Private Limited. Furthermore, the parties involved are not related to the promoter, promoter group, or group companies of the listed entity. Consequently, the transaction does not fall within the scope of related party transactions.

The following table summarizes the key particulars of the disclosure:

No additional disclosures regarding nominees on the board or potential conflicts of interest were reported. In the event of any rescission, amendment, or alteration of the agreement, the listed entity is obligated to disclose the details to the stock exchanges, including the names of the parties, nature of the agreement, date of execution, and the impact of such changes.

HRH Next Services reported a 55% increase in net profit to ₹486.35 lakh for the financial year ended March 31, 2026, compared to ₹313.99 lakh in the previous year. Revenue from operations rose 18% to ₹6,816.03 lakh from ₹5,784.17 lakh in FY25. The Board of Directors approved the audited financial results at its meeting held on May 30, 2026.

The company’s earnings per share (EPS) for the year improved to ₹3.68 from ₹2.77 in the prior year. For the half-year ended March 31, 2026, net profit stood at ₹277.96 lakh on a revenue of ₹3,592.38 lakh. The results were reviewed by the Audit Committee and are accompanied by an unmodified opinion from the statutory auditors, R. Subramanian and Company LLP.

Financial Performance

The growth was driven by a strong operational performance across its BPO services segment. Total expenses for FY26 increased to ₹6,193.43 lakh from ₹5,462.45 lakh in the previous year, primarily due to higher employee benefit expenses and finance costs. Profit before tax for the year increased to ₹634.96 lakh from ₹398.02 lakh.

Auditor Appointments

In addition to the financial results, the Board appointed M/s. Thumma & Associates, Chartered Accountants, as the internal auditor for the financial year 2026-27. The firm, based in Hyderabad, brings expertise in risk-based internal audits, internal financial controls review, and corporate compliance. The appointment was made based on the recommendation of the Audit Committee.

The Board also appointed M/s. R&A Associates, Company Secretaries, as the secretarial auditor for the financial year 2025-26. These appointments align with regulatory requirements under SEBI Listing Regulations and aim to strengthen the company's governance and compliance frameworks.