HandsOn Global Management Reports Strong Q2 Growth, Invests in AI-Powered Healthcare Solutions

HandsOn Global Management (HGM) Limited, formerly known as HOV Services Limited, has reported a robust financial performance for the second quarter ended September 30, 2025, alongside a strategic investment in AI-powered healthcare solutions.

Q2 Financial Highlights

HGM Limited showcased significant growth in its standalone financial results for Q2 FY2026:

Particulars (Standalone)	Q2 FY2026	Q2 FY2025	YoY Growth
Revenue from Operations	₹1,852.94	₹558.34	231.9%
Total Income	₹1,933.69	₹606.39	218.9%
Profit Before Tax	₹265.53	₹107.82	146.3%
Profit After Tax	₹199.60	₹79.68	150.5%

The company's consolidated results also reflected strong performance:

Particulars (Consolidated)	Q2 FY2026	Q2 FY2025	YoY Growth
Revenue from Operations	₹1,895.09	₹558.34	239.4%
Total Income	₹1,976.58	₹606.39	226.0%
Profit Before Tax	₹115.57	₹107.79	7.2%
Profit After Tax	₹49.54	₹79.54	-37.7%

Strategic Investment in AI-Powered Healthcare

HGM Limited has made a strategic investment of ₹545.84 crore in Aideo Technologies LLC, a company specializing in AI-powered autonomous coding solutions for healthcare. This investment aligns with HGM's focus on leveraging advanced technologies to enhance its service offerings in the healthcare sector.

Corporate Governance Update

The company's board has approved seeking shareholder approval for the appointment of Mrs. Bhavana Sharma as an Independent Director through a postal ballot. This move is aimed at strengthening the company's corporate governance structure.

Financial Performance Analysis

The financial results indicate a strong growth trajectory for HGM Limited, particularly in its standalone operations. Key observations include:

Standalone revenue from operations increased by 231.9% year-over-year.
Standalone profit after tax grew by 150.5% compared to the same quarter last year.
Consolidated revenue showed significant growth, but profit after tax declined by 37.7% year-over-year.

Strategic Direction

HGM's investment in AI-powered healthcare solutions suggests the company's commitment to innovation and expansion in high-growth technology sectors. This strategic move could potentially provide a competitive edge in the evolving healthcare technology landscape.

Conclusion

HandsOn Global Management's impressive year-over-year growth in standalone revenue and profitability, coupled with its strategic investment in AI technology, positions the company for potential continued growth. However, the disparity between standalone and consolidated profit figures may warrant further analysis.

Investors are advised to conduct their own research and consider market conditions when making investment decisions.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.99%	+5.20%	-0.16%	+47.21%	+12.09%	+147.05%

HandsOn Global Management (HGM) Limited, formerly known as HOV Services Limited, has announced the appointment of Mrs. Bhavana Sharma as an Additional Director in the capacity of Non-Executive Independent Director. This strategic move, aimed at strengthening the company's board, comes with a series of changes in the composition of key committees.

Board Appointment and Term

Mrs. Bhavana Sharma's appointment, effective from October 15, 2025, is for a five-year term extending up to October 14, 2030. However, this appointment is subject to shareholder approval through a postal ballot process, underscoring the company's commitment to corporate governance and shareholder engagement.

Professional Background

Mrs. Sharma brings a wealth of experience to her new role:

Over 25 years of comprehensive experience across multiple sectors, with a focus on IT
Expertise in Organizational Management, particularly in People Practices and HR
Specialized skills in strategic HR functions, workforce retention, and automation
Experience in leading nationwide initiatives such as Hackathons
Strong understanding of global work ethics, competitiveness, and industry best practices

Educational Qualifications

Mrs. Sharma's educational background includes:

Executive MBA in HR
Certifications in Business Analytics
Leadership development from XLRI

Committee Restructuring

In light of this new appointment, HGM Limited has announced the reconstitution of two key committees:

Audit Committee

Name	Designation/Category
Mr. Harjit Singh Anand	Chairman, Committee (Independent Director)
Mr. Ajay Puri	Member (Independent Director)
Mrs. Bhavana Sharma	Member (Independent Director)
Mr. Parvinder S Chadha	Member (Chairman & Executive Director)

Nomination & Remuneration Committee

Name	Designation/Category
Mrs. Bhavana Sharma	Chairman, Committee (Independent Director)
Mr. Harjit Singh Anand	Member (Independent Director)
Mr. Ajay Puri	Member (Independent Director)
Mr. Parvinder S Chadha	Member (Chairman, Board & Executive Director)

It's noteworthy that Mrs. Sharma has been appointed as the Chairman of the Nomination & Remuneration Committee, highlighting the immediate impact of her addition to the board.

Regulatory Compliance

HGM Limited has confirmed that Mrs. Sharma is not debarred from holding office by virtue of any SEBI order or any other such authority. Additionally, she has no relationships with existing directors or promoters of the company, ensuring her independence in the role.

This appointment and the subsequent committee restructuring demonstrate HGM Limited's commitment to maintaining a diverse and experienced board, potentially positioning the company for enhanced corporate governance and strategic growth in the coming years.