Hexaware Tech revenue misses forecasts while margins meet estimates

what happened

According to TradingView, Hexaware Technologies reported September quarter revenue below analyst expectations, with constant currency growth at 1.7% against a forecast of 3%. Adjusted EBIT margin, however, reached 13.8% versus the expected 13.6%. Profit after tax rose 30% from the previous quarter to 429.4 crore rupees and 16.1% from a year earlier.

The company also pointed to one-off items, including acquisition-related costs and a leadership change. Vivek Jetley took over as CEO from R Srikrishna on October 28. Reported EBIT margin stood at 12.2%. The shares ended the previous session flat at 569 rupees, but have gained 18% over the past month and are down 24.9% so far this year.

why it matters

For investors, the gap between weak revenue and steady margins matters, as it suggests the company is protecting profitability while growth slows. The recent monthly rally and the year-to-date decline make the market reaction harder to predict.

market impact

Hexaware Technologies shares: weak revenue weighs on the stock, steady margins offer support

• ▼Hexaware Technologies shares pressure down — revenue below expectations puts pressure on the stock

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