Hexaware Technologies, which reported 10% rise in Q2FY14 consolidated net profit at Rs 97.91 crore as against Rs 89.03 in the corresponding quarter of the previous, has 4 large deals worth over $25 million each in pipeline. The company saw robust growth in North America and European markets. Further, the company does not foresee any pricing pressure going forward and expects to maintain margins at current level.
The group's consolidated total income from operations grew by 7.30% at Rs 536.60 crore in June quarter as compared to Rs 500.09 crore in June quarter previous year. Further, the company’s Board of Directors of at its meeting held on July 19, 2013, has declared payment of interim dividend at the rate of Rs 1.40 per share (70%) on equity shares of Rs 2 each.
Hexaware Technologies is IT and Process outsourcing service provider in global space. It delivers services to industries like Banking and Financial, Insurance and Travel transportation and logistics.
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