Global IT services provider Hexaware Technologies has reported first quarter net profit of Rs 53.8 crore, a 36% growth as compared to Rs 39.6 crore in previous quarter.
Net sales went up by 6.3% to Rs 318.5 crore from Rs 299.6 crore on quarter-on-quarter basis.
Earnings before interest and tax (EBIT) margin for the quarter ended March 2011 stood at 12.4%. EBITDA margin in the same period was at 14.3% as against 11.5% in October-December quarter of 2010.
Hexaware received forex gain of Rs 10 crore in March quarter, marginal increase over Rs 9.5 crore in previous quarter.
The company expects revenues around USD 74.5-75 million in second quarter.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
No comments:
Post a Comment