Hexaware Technologies Limited — Investor Meet, 02-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Hexaware reported 12.4% YoY revenue growth (12.7% constant currency) with a 40 bps EBITDA margin rise to 16.7%, driven by operational efficiencies despite currency headwinds. Net profit grew 16.7% YoY. Deal wins include multi-year projects with global banks and new logos in legal and insurance. RapidX platform pipeline (~40 clients) looks promising. Banking expected to rebound from Q2, while M&C faces challenges. Offshore mix improved 200 bps. Confident on $3bn revenue by 2029 with strong cash ($225M) and no debt.