News & Events

hSenid Business Solutions PLC (hSenidBiz) announced its financial results for the first quarter of FY2026, reporting stable topline performance and the continuation of profitability improvements seen in the prior quarter. Total revenue for the quarter reached LKR 471.7 million, with recurring subscription revenues growing 36 per cent year-on-year in LKR terms. A decline in professional services revenue, particularly from large on-premise projects, partially offset the strong growth in recurring revenues resulting in a modest 1 percent year-over-year growth in LKR terms and 2 percent in constant currency (USD) terms.

Colombo, Sri Lanka
hSenid Business Solutions PLC, a leading provider of Human Capital Management (HCM) solutions, has successfully earned its ISO/IEC 27001:2022 certification, reaffirming its continued dedication to upholding the highest standards of information security.

hSenid Business Solutions PLC (hSenidBiz) has reported its financial results for the fourth quarter of FY2025, with a strong topline performance and continued margin improvements. Total revenue for the quarter reached LKR 499.8 million, reflecting a year-over-year growth of 15 percent in LKR terms and 22 percent in constant currency (USD) terms. The growth was driven by steady performance in the PeoplesHR Cloud segment and a sharp rebound in new deal closures after several subdued quarters. Recurring revenue contributed 60 percent of total revenue for the quarter.

The eighth annual Open Closet event took place on March 6th, 2025. In celebration of Women's Day and a commitment to empowerment and inclusivity, hSenid Business Solutions brings back its annual Open Closet initiative.