Hexaware Technologies Q4FY17 results

Hexaware Technologies Ltd. reported its results for the quarter ended March 31, 2017 during market hours today. The consolidated numbers were largely positive.

Total sales for this quarter, Q4FY17 came in at Rs. 960.5 crore. This represents a 2.09 per cent sequential increase and 17.11 per cent YoY increase.

Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 146.5 crore and the EBIT margin stood at 15.25 per cent.

In terms of the bottom-line, the company reported a PAT figure of Rs. 113.6 crore which represents a sequential QoQ decline of 6.5 per cent and a YoY increase of 35.56 per cent.

It has declared dividend of Rs.1 per share for the face value of Rs.2 each.

The company's stock opened for trading at Rs. 215.40 on Monday and touched intraday high of Rs.225 on BSE.

Hexaware Technologies Limited is a global provider of IT and Process outsourcing services. The companys focus areas include banking, financial services & insurance, business intelligence & analytics, enterprise risk management, business process outsourcing, ERP, healthcare & life sciences and HR outsourcing. The company offers consulting services, IT services and BPO services.