INSUBCONTINENT EXCLUSIVE:
PUNE: IT services firm Hexaware Technologies reported a profit after tax of Rs153.6cr for the second quarter of 2018, up 14.3 per cent
sequentially and 25.4 per cent year on year
The company reported revenues of Rs 1136.7 cr, up 8.4 per cent sequentially and 15.4 per cent YoY
In dollar terms, constant currency revenue was at $169.8 Mn, up 4.7 per cent QoQ, and PAT at $22.7 mn; up 9.5 per cent QoQ, 19.5 per cent
CEO, Hexaware.
The Americas led geographic growth with 6.2 per cent QoQ growth
Europe also grew faster than company with 5.4 per cent QoQ and 25.4 per cent YoY growth
Infrastructure Management Services (IMS) grew at 8.9 per cent QoQ and 37.0 per cent YoY, and Business Process Services at 8.9 per cent QoQ
and 11.5 per cent YoY growth this quarter
Amongst verticals Manufacturing Consumer saw the most growth during the quarter at 11.2 per cent QoQ and 32.4 per cent YoY growth, followed
closely by Healthcare Insurance with 10.9 per cent QoQ and 21.2 per cent YoY growth
The board also declared a second interim dividend of Rs
2.50 per share (125 per cent) on equity shares of ` 2.00 each
currency, which is an evidence of our successful strategy of Automate Everything, Cloudify Everything and Transform Customer Experience."
said Atul Nishar, Chairman, Hexaware Technologies.
