HandsOn Global Management (HGM) Limited has announced its financial results for Q3FY26, revealing mixed performance with standalone operations showing reduced profitability while consolidated operations reported significant losses. The company's Board meeting held on February 14, 2026, approved the quarterly results and several material related party transactions.

Standalone Financial Performance

The company's standalone operations demonstrated resilience despite challenging market conditions. Revenue from operations reached ₹1,297.22 lakh in Q3FY26, substantially higher than ₹579.53 lakh recorded in Q3FY25.

Despite the revenue growth, net profit declined to ₹37.60 lakh from ₹132.60 lakh in the corresponding quarter of the previous year. This decrease was primarily attributed to increased employee benefits expense, which rose to ₹1,096.74 lakh from ₹451.50 lakh year-over-year.

Consolidated Results Show Contrasting Picture

Consolidated operations painted a different scenario, with the company reporting a loss of ₹312.32 lakh in Q3FY26 compared to a profit of ₹132.29 lakh in Q3FY25.

The consolidated loss was primarily driven by significantly higher employee benefits expense of ₹1,364.88 lakh and other expenses of ₹300.99 lakh, compared to ₹451.50 lakh and ₹43.30 lakh respectively in the previous year.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, standalone operations showed improved performance with profit increasing to ₹410.06 lakh from ₹290.06 lakh in the corresponding period of FY25. However, consolidated operations reported a loss of ₹90.08 lakh against a profit of ₹289.45 lakh in the previous year.

Material Related Party Transactions Approved

The Board approved several material related party transactions in the ordinary course of business, subject to shareholder approval through postal ballot:

These transactions will require approval from shareholders through a postal ballot process, with the notice to be sent to shareholders in due course.

Financial Position and Outlook

The company maintained its paid-up equity share capital at ₹1,259.50 lakh with a face value of ₹10 per share. Other equity stood at ₹1,919.87 lakh for standalone operations and ₹1,146.25 lakh for consolidated operations as of December 31, 2025.

The Board meeting, which commenced at 9:00 AM and concluded at 9:30 AM on February 14, 2026, also noted that the financial results were reviewed by Lodha & Co LLP, the company's auditors, for the reporting period.

HandsOn Global Management (HGM) Limited has scheduled a board meeting for February 14, 2026, to review and consider the company's unaudited financial results for the third quarter and nine months ended December 31, 2025. The announcement was made through an official notice dated February 6, 2026, addressed to both the Bombay Stock Exchange Limited and National Stock Exchange of India Limited.

Board Meeting Details

The meeting of the Board of Directors will be held on Saturday, February 14, 2026, with the primary agenda being the consideration of unaudited financial results for Q3FY26. The company has formally notified the stock exchanges about this scheduled meeting in compliance with regulatory requirements.

Trading Window Closure

In accordance with regulatory guidelines, HandsOn Global Management has implemented a trading window closure for its designated persons. The trading window, which was initially closed from January 1, 2026, will remain closed until February 16, 2026. This closure period extends until 48 hours after the declaration of the company's Q3FY26 financial results, ensuring compliance with insider trading regulations.

The company had previously intimated about this trading window closure through a communication dated December 24, 2025, providing advance notice to all stakeholders about the restriction period.

Corporate Information

The notice was signed by Bhuvanesh Sharma, who serves as VP-Corporate Affairs, Company Secretary & Compliance Officer for HandsOn Global Management (HGM) Limited. The company, formerly known as HOV Services Limited, operates under CIN L72200PN1989PLC014448 with its registered office located at 3rd Floor, Sharda Arcade, Pune Satara Road, Bibewadi Pune - 411 037, Maharashtra, India.

Investors and stakeholders can expect the Q3FY26 financial results to be announced following the board meeting on February 14, 2026, after which normal trading activities will resume.