Hexaware is a leading global provider of IT & BPO services and consulting. The Company focuses on key domains such as Banking, Financial Services, Insurance, Travel, Transportation, Hospitality, Logistics, Manufacturing, Life Sciences and Healthcare.
Highlights – Fourth Quarter 2009
- Hexaware met revenue guidance; Q4 ’09 Revenue at Rs. 2,520 mn ($ 54 mn)
- Q-o-Q decrease of 4.2% in INR terms and Q-o-Q decrease of 0.9% in $ terms
- Net Profit after Tax was Rs. 360 mn ($7.7 mn)
- Gross Margin stood at 43.1% and PAT margin was at 14.3%
- 7 new clients added during the quarter of which 5 are Fortune 500 corporations; 157 active clients
- Cash & Cash Equivalents increased to Rs. 4,262 mn ($ 91.6 mn), an increase of Rs. 243 mn ($8.1 mn) over the last quarter
Highlights – Full Year 2009
- Revenue from operations stood at Rs. 10,386 mn ($ 214.7 mn)
- Y-o-Y decrease of 9.8% in INR terms and Y-o-Y decrease of 18.3% in $ terms
- Net Profit after Tax at Rs. 1,342 mn ($ 27.9 mn)
- 35 new clients added during the year
- 157 active clients; 4 clients billed more than $10 million during the year
- Total headcount stood at 5,137 at the end of the year
First Quarter Outlook
The Company is providing the following guidance:
- Revenue for Q1 ‟10 is likely to be in the range of $ 48 mn to $ 50 mn. The Company expects the revenue to pick up from Q2 ‟10.
http://www.hexaware.com/fileadd/q4-09.pdf