Hexaware Technologies Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Hexaware Technologies reported Q1 CY2026 revenue of INR 36,130 million (USD 388.5 million), up 12.6% YoY in INR and 4.6% YoY in USD. PAT grew 7.5% YoY to INR 3,516 million with EPS at INR 5.77, up 7.2% YoY. EBIT margin compressed by 133 basis points YoY to 13.0% due to increased employee costs. The company added 2 customers in the USD 10Mn+ category (total 34) and declared an interim dividend of INR 8.50 per share. Cash position remains strong with LTM OCF to PAT conversion at 125.1%. The auditor B S R & Co. LLP issued an unmodified (clean) opinion on the financial statements.
Solid revenue and profit growth with strong cash generation, though margin compression due to higher employee costs may concern investors. The maiden dividend declaration signals management confidence.