Hinduja Global Solutions Limited

rs,

ex, Bandra (East) Mumbai - 400 051. Symbol : HGS BSE Limited Corporate Relation Dept. P. J. Towers, Dalal Street Mumbai 400 001. Scrip Code : 532859 Dear Sirs/ Madam, Sub: Q2 FY2023 Earnings Call Pr

1.0689 Crore

r demerger of NXTDIGITAL Limited’s (NDL) Media Business into HGS received on 11th November 2022 ▪ 1.0689 Crores Shares allotted to NDL shareholders on November 25, 2022 ▪ New shares allotted are expected to be

Rs. 41.79

s allotted are expected to be listed by December 6, 2022 ▪ Share capital of HGS has increased from Rs. 41.79 cr to Rs. 52.48 cr; ▪ NDL shareholders would own 20.4% of shares of HGS. ▪ .Promoters’ holding in

Rs. 52.48

xpected to be listed by December 6, 2022 ▪ Share capital of HGS has increased from Rs. 41.79 cr to Rs. 52.48 cr; ▪ NDL shareholders would own 20.4% of shares of HGS. ▪ .Promoters’ holding in HGS would drop f

20.4%

Share capital of HGS has increased from Rs. 41.79 cr to Rs. 52.48 cr; ▪ NDL shareholders would own 20.4% of shares of HGS. ▪ .Promoters’ holding in HGS would drop from 67.13% to 66.63% Buyback Plan ▪ B

67.13%

▪ NDL shareholders would own 20.4% of shares of HGS. ▪ .Promoters’ holding in HGS would drop from 67.13% to 66.63% Buyback Plan ▪ Buyback plan to be taken up after completion of listing of shares to NDL

66.63%

reholders would own 20.4% of shares of HGS. ▪ .Promoters’ holding in HGS would drop from 67.13% to 66.63% Buyback Plan ▪ Buyback plan to be taken up after completion of listing of shares to NDL sharehold

Rs 1,050

up after completion of listing of shares to NDL shareholders ▪ Amount earmarked for buyback around Rs 1,050 cr Key brands About the Digital Media business ▪ Merger boosts HGS’ presence in India, adding

5 million

hisee base of nearly 10,000 ▪ Digital Services Partners delivering digital services to more than 5 million customers 6 The synergies and opportunity Huge opportunity to participate in the Create a glo

rs 6

rly 10,000 ▪ Digital Services Partners delivering digital services to more than 5 million customers 6 The synergies and opportunity Huge opportunity to participate in the Create a global telecom and

rs 4

nearly 10,000 Digital Services Partners, delivering digital services to more than 5 million customers 4 key brands: 1. NXTDIGITAL HITS (Headend-In-The-Sky) o The HITS platform provides digital video to

₹268

& ARPUs ( in millions) (Exit ARPU in ₹) (in millions & exit ARPU in ₹ ) 4.06 4.17 4.18 129 ₹268 ₹266 ₹266 120 120 1.10 1.15 0.72 Q2FY22 Q1FY23 Q2FY23 Q2FY22 Q1FY23 Q2FY23 Q2FY22 Q1F

BPM business

1

Digital Media business

1

BPM business

▪ Seen good performance in H1 FY2023; cautiously optimistic for H2 ▪ Some headwinds in certain segments like UK Public Sector ▪ Demand for Offshore business remains strong ▪ Continued efforts to drive improved margins ▪ Focus on – ‐ Winning new clients through an integrated sales strategy ‐ Hunting for more digital-led client engagements ‐ Exploring acquisitions to strengthen digital capabilities and geo expansion

Digital Media business

▪ Integrate and drive synergies – people, technology and domain (eg: Cloud, security, digital CX, content, etc.) ▪ Scheduled to rollout NXTPLAY – its content aggregator app shortly, providing access to international and regional content Financial Update Srinivas Palakodeti Q2 FY2023 performance : HGS BPM+ Digital Media Quarter Performance - ConsolidatedFigures in INR Cr unless otherwise indicatedActualActualActualQE Sep 22QE June 22QE Sep 21Total Revenue (In $ Mn)$171.0$170.00.6%$148.315.3%Revenue from Operations₹ 1,167.5₹ 1,148.71.6%₹ 1,066.39.5%Other Income₹ 201.4₹ 172.6₹ 28.9Total Revenue₹ 1,369.0₹ 1,321.33.6%₹ 1,095.225.0%EBITDA(Incl. Other Income)₹ 276.5₹ 223.223.9%₹ 117.3135.6%EBITDA %(Incl. Other Income)20.2%16.9%10.7%Depreciation & Amortization₹ 117.6₹ 106.2₹ 85.0Interest Expense₹ 35.5₹ 40.0₹ 39.9Exceptional Items₹ 0.0₹ 0.0₹ 24.8PBT₹ 123.4₹ 76.960.4%-₹ 32.4Tax-₹ 68.9₹ 42.2-₹ 13.8PAT from Continuing Operations₹ 192.3₹ 34.7453.9%-₹ 18.6PAT from Discontinued Operations₹ 46.7-₹ 0.5