Hexaware Technologies slides after Q2 profit declines 6.1% QoQ
Mumbai, July 30 -- The company's reported profit declined 13.0% year-on-year to Rs 330.2 crore in Q2 CY26 from Rs 379.7 crore in Q2 CY25. On a sequential basis, profit fell 6.1% from Rs 351.6 crore in Q1 CY26.
Revenue increased 17.9% year-on-year to Rs 3,845.2 crore in Q2 CY26 from Rs 3,260.7 crore in Q2 CY25. On a sequential basis, revenue rose 6.4% from Rs 3,613.0 crore in Q1 CY26. In constant currency terms, revenue grew 6.3% YoY and 4.4% QoQ.
Profit before tax stood at Rs 440.7 crore in Q2 CY26, down 6.8% QoQ and 5.9% YoY.
Reported EBITDA declined 1.6% YoY to Rs 555.2 crore in Q2 CY26 from Rs 564.4 crore in Q2 CY25. On a sequential basis, EBITDA fell 6.3% from Rs 592.5 crore in Q1 CY26. EBITDA margin contracted to 14.4% from 17.3% ...
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