Hinduja Global Solutions, a part of the multi-billion dollar conglomerate - Hinduja Group, excels in providing outsourcing solutions that include Back Office Processing, Contact Center services and customized ITES solutions to its global clientele comprising several Fortune 500 Companies. HGSL has been ranked the Best performing Call Center Worldwide by the Global Services Magazine in association with Neo IT in January 07. HGSL has its registered office in Mumbai, is headquartered in Bangalore and has 29 delivery centers in the United States, Canada, U.K., Mauritius, Philippines and India. The Company employs nearly 16,000 people worldwide.
Financial Highlights
• Consolidated Revenue for Q1FY11 was Rs. 2,266.8 million against Rs. 2,216.0 million in Q1FY10, registering Y-o-Y growth of 2.3%. On a sequential quarter basis, revenues were 1.6% higher than Q4FY10 revenues of Rs. 2,232.1 million
• Consolidated EBITDA for Q1FY11 was Rs. 314.6 million against Rs. 415.7 million in Q1FY10, a Y-o-Y decrease of 24.3%. On a sequential basis, the EBITDA in Q1FY11 was lower than the Q4FY10 EBITDA of Rs. 339.2 million by 7.2 %
• Consolidated PAT for Q1FY11 was Rs. 231.1 million against Rs. 361.4 million in Q1FY10, a Y-o-Y decrease of 36.1 %. On a sequential basis, Consolidated PAT in Q1FY11 was lower than the Consolidated PAT of Rs. 259.8 million in Q4FY10 by 11%.
Operating Highlights
• The company added 2 new Clients during the quarter. 20 new Clients were added through the Careline Acquisition.
• Headcount of 15,936 associates at the end of the quarter against 15,615 associates at the start of the quarter.
• During the quarter, the Company formally inaugurated its centre in Guntur in India.
• The Company took on lease 43,000 sq ft in Global Village IT Sector SEZ in Bangalore to accommodate the growth planned in our international business in India.
http://www.hindujagsl.com/pdfs/hgsl_result_release.pdf