Hexaware Technologies Ltd.

NSE: HEXAWARE | BSE: 532129 | ISIN: INE093A01033 | Industry: IT Consulting & Software
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Geojit BNP Paribas
Driven by healthy 4.9% growth in volumes and strong growth in top-5 accounts, Hexaware posted 4.7% QoQ growth in consolidated revenue in CC terms in Q2CY18. Notwithstanding revenue and currency tailwinds, EBIT margin came in at disappointing 14% down by 10bps QoQ mainly impacted by lower utilisation and higher visa cost. Management raised its CY18 revenue and EPS growth guidance to 12-13% and 13-14%,...
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