Thursday, February 17, 2011

Hexaware Q4 net profit up 136% at Rs 39.6 cr

IT service provider Hexaware Technologies has reported a consolidated net profit of Rs 39.6 crore for the quarter ended December 2010, down 5.7% as compared to Rs 42 crore in previous quarter.

Last quarter's net profit included exceptional income of Rs 22 crore. So the adjusted net profit of the company increased by 135.7% at Rs 39.6 crore versus Rs 16.8 crore (QoQ).

Consolidated net sales went up by 6.4% at Rs 299.6 crore from Rs 281.7 crore (QoQ).

EBITDA margin improved at 11.2% versus 8.5% (QoQ).

The company has reported a forex gain of Rs 9.5 crore as against loss of Rs 7.6 crore (QoQ).


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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