Hexaware Technologies Ltd.

Hexaware Technologies has reported results for fourth quarter ended December 31, 2012

The company has posted a fall of 27.78% in its net profit at Rs 56.60 crore for the quarter ended December 31, 2012 as compared to Rs 78.37 crore for the same quarter in the previous year. However, total income has increased by 3.40% at Rs 229.57 crore for quarter under review as compared Rs 222.01 crore for the quarter ended December 31, 2011.

On consolidated basis, the company has posted a fall of 25.01% in its net profit at Rs 66.17 crore for the quarter ended December 31, 2012 as compared to Rs 88.24 crore for the same quarter in the previous year. However, total income has increased by 15.04% at Rs 512.56 crore for quarter under review as compared Rs 445.55 crore for the quarter ended December 31, 2011.

For the year ended December 31, 2012, the company has posted a rise of 23.11% in its net profit at Rs 285.60 crore as compared to Rs 231.98 crore for the same period in the previous year. Total income has increased by 32.45% at Rs 958.32 crore for year under review as compared to Rs 723.51 crore for the period ended December 31, 2011.

On consolidated basis, the company has posted a rise of 22.70% in its net profit at Rs 327.64 crore for the year ended December 31, 2012 as compared to Rs 267.02 crore for the same period in the previous year. Total income has increased by 32.91% at Rs 1992.00 crore for year under review as compared to Rs 1498.72 crore for the period ended December 31, 2011.