Hexaware Share Price in Focus on Apr 29; Reports 12.4% YoY Revenue Growth in Q1CY25

Hexaware Technologies announced its financial results for the first quarter of calendar year 2025, ended March 31, 2025.  

Post the announcement, on April 29, 2025, Hexaware Technologies share price (NSE: HEXT) opened at ₹707.80, up from its previous close of ₹701.90. At 10:24 AM, the share price of Hexaware Technologies was trading at ₹714.40, up by 1.78% on the NSE. 

Revenue Performance 

The company reported revenue of USD 371.5 million (₹32,079 million), reflecting a marginal 0.2% decline quarter-on-quarter (QoQ) but a healthy 12.4% growth year-on-year (YoY) in USD terms. In INR terms, revenue grew by 1.7% QoQ and 16.7% YoY. On a constant currency basis, the company posted a 12.7% YoY growth. 

Profitability Highlights 

Hexaware’s reported EBITDA margin stood at 16.7% for Q1CY25, showing a 2.3% QoQ and 20.8% YoY increase in absolute terms. EBITDA margins expanded by 41 basis points (bps) QoQ and 117 bps YoY. Basic Earnings Per Share (EPS) for the quarter stood at ₹5.38, up by 2.5% QoQ and 16.7% YoY. 

Client Metrics 

The company continued to strengthen its client relationships, with three customers contributing over $75 million in revenue, including one client crossing the $100 million mark. Hexaware achieved a Net Promoter Score (NPS) of 67, significantly higher than the industry median by 27 points. Top 5 customers contributed 25.7% of the revenue over the last twelve months. 

Management Commentary 

Commenting on the results, the CFO, Vikash Jain, stated, “We are pleased to report 12.4% YoY revenue growth, demonstrating our resilience. Despite the economic uncertainty, we have not only sustained our growth trajectory but also expanded our margins by 117 basis points YoY and 41 bps QoQ. This achievement underscores our operational excellence and our ability to continue delivering in challenging environment too.” 

About Hexaware Technologies 

Hexaware Technologies Ltd was incorporated in 1992. The company offers AI-based digital and technology solutions. 

Also Read: TCS vs Infosys vs Wipro: Which IT Giant Delivered Highest Profits in Q4FY25?

Conclusion 

Hexaware Technologies delivered a performance in Q1CY25, with profitability growth and client metrics. 

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