Quarterly result : Hexaware Technologies
Amir Shaikh / 31 Jul 2017
The board of director during the quarter declared an interim dividend of Re 1 per share on the face value of Rs 2.
Hexaware Technologies Ltd reported its results for the quarter ended June 30, 2017 today.
The company's total sales for Q2CY17 came in at Rs 983.5 crore, which represents a 2.39 per cent sequential increase and 13.1 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 144.1 crores and its EBIT margin stood at 14.65 per cent.
The company reported PAT of Rs 122.4 crore, which represents a sequential QoQ increase of 7.56 per cent and a YoY increase of 25.03 per cent.
The board of director during the quarter declared an interim dividend of Re 1 per share on the face value of Rs 2.
The company lost a portion of business from its top five clients during the quarter, and as a result, its Q3CY17 and Q4CY17 will get impacted incrementally by 2.5-3 per cent in FY18.
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