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Hexaware Technologies LimitedInvestor Meet, 30-04-2025: Analysts/Institutional Investor Meet/Con. Call Updates

30-04-2025 | 08:48 pm

Hexaware Technologies held an investor call to discuss its Q1 CY25 earnings. Management reported a 12.4% YoY revenue growth, with EBITDA at 16.7% and net profit also up 16.7% YoY. Key updates included facility expansions in Dehradun and Hyderabad, with a cash balance of $225 million. Growth prospects were emphasized in banking and financial services, alongside ongoing legacy modernization. Two clients encountered challenges due to project delays, but management remains cautiously optimistic about future consolidation deals and achieving long-term revenue goals despite macroeconomic headwinds.

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