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25-Jul-2025

Hexaware Technologies

PBIDT margins to be the range of 17.1-17.4%


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Hexaware hosted conference call on July  25, 2025. In the conference call, the company was represented by Mr. Srikrishna- CEO, and Mr Vikas Jain- CFO

Key Takeaways of the call

 

Q2CY2025:

The company’s revenue performance this quarter was a little bit softer than what the company had anticipated, predominantly driven by, delayed decision-making from customers. This means that lower expectations for the reminder of the year. However, given the strength of the pipe line and progress of the strategic initiatives, the company remains confident of the long term growth trajectory.

Revenue for the quarter stood at US $ 382.1 million up 8.6% yoy. The growth was led by 5 out of 6 verticals growing yoy.

Vertical wise financial services had a muted growth of 1.1% qoq. This was on account of one of the large client doing spend cuts. However on a year perspective this vertica...



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