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 YoYWe continue to consistently deliver robust organic growth and are pleased to increase growth guidance for the year, said R Srikrishna, 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 growthThe board also declared a second interim dividend of Rs 2.50 per share (125 per cent) on equity shares of ` 2.00 each.
Hexaware has delivered yet another consistent performance with revenue growth of 3.8 per cent QoQ and 4.7 per cent QoQ in constant currency, which is an evidence of our successful strategy of Automate Everything, Cloudify Everything and Transform Customer Experience." said Atul Nishar, Chairman, Hexaware Technologies.