Mumbai, Feb. 17 -- Revenue from operations slipped 11.59% to Rs 1,064.05 in Q3 FY25 as against Rs 1,203.67 crore posted in the third quarter of FY24.
However, profit before tax surged 154.69% to Rs 41.26 crore in Q3 FY25 as against Rs 16.20 crore posted in Q3 FY24.
Total expenses stood at Rs 1,193.61 crore in Q3 FY25, down 6.65% year on year. Purchases of stock in trade were at Rs 16.92 crore (up 33.22% YoY), employee benefits expenses stood at Rs 55.58 crore (up 14.59% YoY), and finance costs stood at Rs 137.53 crore (down 3.06% YoY) during the period under review.
Partha DeSarkar, whole-time director and group CEO of HGS, said, "HGS continues to strengthen its position as the preferred Digital Experience (DX) transformation partner for...