Hinduja Global Solutions Ltd Share Price – NSE  /  BSE

IT - Software, Small Cap

Net profit of Hinduja Global Solutions rose 257.35% to Rs 90.48 crore in the quarter ended March 2024 as against Rs 25.32 crore during the previous quarter ended March 2023. Sales rose 2.70% to Rs 1098.71 crore in the quarter ended March 2024 as against Rs 1069.81 crore during the previous quarter ended March 2023.

For the full year,net profit declined 59.89% to Rs 133.20 crore in the year ended March 2024 as against Rs 332.05 crore during the previous year ended March 2023. Sales rose 2.45% to Rs 4615.72 crore in the year ended March 2024 as against Rs 4505.16 crore during the previous year ended March 2023.

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Hinduja Global Solutions announced that the Board of Directors of the Company at its meeting held on 30 May 2024, inter alia, have recommended the final dividend of Rs 7 per equity Share (i.e. 70%) , subject to the approval of the shareholders.

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Hinduja Global Solutions will hold a meeting of the Board of Directors of the Company on 30 May 2024.

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Hinduja Global Solutions (HGS) announced the launch of a comprehensive suite of cutting-edge Cybersecurity solutions for the market. The suite comprises of seven essential Cybersecurity solution on offerings designed to provide enterprises with state-of-the-art protection against evolving cyber threats.

A key feature of HGS CyberSecurity solutions is that they leverage advanced technologies such as Artificial Intelligence (AI) and Machine Learning (ML) systems security, an important factor given that most businesses and Cybersecurity bad actors today have begun to use AI and ML extensively.

HGS CyberSecurity solutions ensure an elevated standard of risk management, actively identifying and mitigating potential risks to ensure the seamless continuity of AI-led operations. Additionally, it guarantees optimized performance, cost-efficiency, and compliance assurance to uphold adherence to industry regulations and data protection standards. This commitment fosters client trust and confers a strategic advantage, enabling businesses to stay at the forefront of the AI landscape through the implementation of adaptive security strategies.

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