Hexaware Posts Robust Q2CY25 Growth, Revenue Rises 8.6% YoY to USD 382.1 Million

Financial Performance

Hexaware Technologies reported a strong Q2CY25, with revenue reaching USD 382.1 million, marking an 8.6% year-on-year increase and 2.8% sequential growth. In INR terms, revenue stood at Rs 3,261 crore, up 11.1% YoY.

• EBITDA margin expanded by 156 basis points YoY to 17.2%

• Net profit surged 38.3% YoY to Rs 380 crore

• Basic EPS rose 37.7% YoY to Rs 6.25

Operational Metrics

• Headcount closed at 32,410 with 540 net additions over the last twelve months

• IT utilization rate stood at 83.7%

• Voluntary attrition in IT services was 11.1%

• Cash and cash equivalents totaled Rs 1,925 crore

Strategic Wins and Outlook

Hexaware added a fourth client to its USD 50 million+ billing category and secured multiple AI and cloud transformation deals. Despite macroeconomic headwinds, the company maintained its EBITDA margin guidance and continues investing in AI-led growth.

Source: Hexaware Technologies, CNBC TV18, BusinessWorld