Hexaware Technologies: Q3CY25 Revenue Climbs to $394.8Mn; Acquires CyberSolve to Bolster AI Cybersecurity

Hexaware Technologies has reported a robust Q3CY25 revenue of $394.8 million, marking a 5.5% year-over-year growth driven by broad-based demand and operational efficiencies. The company enhanced its profitability with a 154 basis points expansion in EBITDA margins, reaching 17.5%, and a notable 22.3% rise in EPS to INR 6.09. Hexaware also celebrated strategic growth through the acquisition of CyberSolve, a specialist in identity and access management (IAM), to propel its AI-driven cybersecurity capabilities and global footprint.

 

The recent acquisition brings over 230 IAM experts, 20+ technology alliances, and more than 650 implementations across multiple sectors, reinforcing Hexaware’s commitment to integrated security solutions powered by AI. CyberSolve’s expertise in identity programs complements Hexaware’s 24x7 cybersecurity offerings, including cloud security and DevSecOps, enabling clients to modernize identity frameworks and automate controls effectively.

 

Q2 FY26 Results Recap:

•⁠  ⁠Record revenue of ₹3,483.60 crores, up 6.8% QoQ and 11.1% YoY.

•⁠  ⁠Operating margin surged to 17.26%, highest in seven quarters.

•⁠  ⁠Operating profit jumped nearly 49% QoQ to ₹601.30 crores.

•⁠  ⁠Strong cash position with ₹1,976 crores net cash and zero long-term debt.

•⁠  ⁠Return on Equity at 23.29% and ROCE at 32.56%.

 

Notable Updates:

•⁠  ⁠Q3CY25 revenue USD 394.8 Mn, +5.5% YoY and +3.3% QoQ in USD terms.

•⁠  ⁠EBITDA margin expanded 154 bps YoY to 17.5%.

•⁠  ⁠EPS rose 22.3% YoY to INR 6.09.

•⁠  ⁠CyberSolve acquisition expands AI-led identity and cybersecurity services.

•⁠  ⁠Q2 FY26 highest-ever quarterly revenue and operational margin.

•⁠  ⁠Robust balance sheet with strong cash flow and no long-term debt.

 

Hexaware continues to strengthen its market position with resilient financial performance and strategic investments in AI-powered cybersecurity, aiming for accelerated growth in a digital-first world.

 

Source: Hexaware Technologies (NSE Circular), PR Newswire, MarketSmojo, Business Standard, ANI News