Hexaware Technologies reports 29% rise in Q2 consolidated net profit

05 Aug 2015

Hexaware Technologies has reported results for second quarter ended June 30, 2015.

The company has reported 32.77% rise in its net profit at Rs 86.78 crore for the quarter ended June 30, 2015 as compared to Rs 65.36 crore for the same quarter in the previous year. The company’s total income has increased by 31.37% to Rs 321.52 crore for the quarter under review from Rs 244.75 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 29.14% rise in its net profit of Rs 98.88 crore for the quarter ended June 30, 2015 as compared to Rs 76.57 crore for the same quarter in the previous year. Total income of the company has increased by 25.35% at Rs 774.26 crore for quarter under review as compared to Rs 617.70 crore for the quarter ended June 30, 2014.

Caliber Point Business Solutions (CP), a wholly owned subsidiary, is engaged in Business Process Management, has been amalgamated with the Company. The standalone results for the quarter and six months ended June 30, 2014 does not include results of CP as the merger was given effect in the quarter and period ended September 30, 2014.

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