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Hexaware Technologies Rallies On 1st Quarter Earnings

Hexaware Technologies Rallies On 1st Quarter Earnings

Hexaware Technologies Ltd. gained 4.5%,most since Nov' 25.Net profit fell 6.3% to Rs 113.9 cr compared to Rs 121.5 cr in previous quarter.Revenue grew 2.1% to Rs 960.5 cr compared to Rs 940.9 cr sequentially. Earnings before interest & taxes fell 1.3% to Rs 146.5 cr, while EBIT margins fell 50 basis points to 15.3% compared to 15.8% in previous quarter.