Tuesday, July 22, 2014

Hexaware Technologies Q2 PAT up 9% at Rs 76.6 cr

Hexaware Technologies  ' second quarter consolidated net profit was up by 9 percent at Rs 76.6 crore against Rs 70.3 crore in the last quarter.


 The company's consolidated rupee revenue increased by 3.56 percent at Rs 610 crore versus Rs 589 crore and dollar revenue also rose to USD 102 million versus USD 95.8 million, Q-o-Q


. However, its consolidated EBITDA margin fell to 16.7 percent versus 19.2 percent, Q-o-Q.



 According to CNBC-TV18 poll estimates, analysts expect profit after tax to grow 23.8 percent sequentially to Rs 87.1 crore during the quarter. Rupee revenue may rise 0.9 percent quarter-on-quarter to Rs 594.5 crore and dollar revenue may jump 3.9 percent to USD 99.5 million as against decline of 4.3 percent in previous quarter.

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