Hexaware Technologies Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2018

D) Notes:-



1) The Consolidated audited financial results and standalone audited financial results of the Company, reviewed and recommended by the Audit Committee, were taken on record by the Board of Directors of the Company at its meeting held on January 30, 2019.



The Company has opted to publish only consolidated audited financial results, along with information on audited standalone results as per the amended guidelines issued by the Securities and Exchange Board of India. Standalone audited results are available on the Company's website.



2) Information on segments has been disclosed on a consolidated basis in accordance with Ind AS 108 "Operating Segment"



3) Figures of the quarter ended 31st December are the balancing figures between audited figures in respect of the full financial year ended 31st December and the audited figures upto the third quarter of such financial year.

4) Operation and other expenses of the Standalone financial results include provision for impairment in value of investments in wholly owned subsidiaries, resulting primarily from its accumulated losses:

a. Rs. 33.65 million for the quarter ended September 30, 2018 and for the year ended December 31, 2018

Rs. 121.65 million in respect of investment in Hexaware Technologies LLC, Russia

b. Rs. 11.14 million for the quarter ended September 30, 2018 and for the year ended December 31, 2018 in respect of investment in Guangzhou Hexaware Information Technologies Company Limited, China.

5) The Board of Directors have declared an interim dividend of Re. 2.50/- per share (125%) on an equity share of Rs. 2/- each, at its meeting held on January 30, 2019.

6) Figures for the previous period has been regrouped wherever necessary to conform to the current period.