Hexaware Technologies Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
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Hexaware reported consolidated revenue of ₹32,607 million for Q2 FY25, up about 11% from ₹29,355 million in Q2 FY24, while H1 FY25 revenue grew nearly 14% to ₹64,686 million. Net profit jumped 38% YoY to ₹3,797 million in Q2 and 28% to ₹7,068 million in H1, with EPS of ₹6.25 (basic) for the quarter. Results were boosted by a one-time write-back of ₹1,587 million from an earnout payable related to an earlier acquisition. The board declared an interim dividend of ₹5.75 per share, approved a new wholly-owned subsidiary in Colombia (up to USD 2 million), and announced the acquisition of SMC Squared LLC for up to USD 120 million to strengthen GCC capabilities. Statutory auditors BSR & Co. LLP issued an unmodified (clean) opinion on both standalone and consolidated results.
Strong double-digit profit growth and a healthy dividend should be viewed positively by shareholders, though the headline PAT was flattered by a non-recurring earnout write-back. The SMC Squared acquisition is sizeable and could pressure margins short-term but expands Hexaware's GCC (Global Capability Centers) service line.