Hexaware Technologies ' fourth quarter net profit more than doubled year-on-year to Rs 88.2 crore, backed by strong demand for outsourcing and healthy bill rates, along with the rupee depreciation. The software services exported reported revenue of Rs 431.9 crore, up 44% year-on-year.
IT player, Hexaware guided for good growth in Q4 and is hopeful of meeting its Q4CY11 guidance.
Atul K Nishar, chairman of Hexaware Technologies joins CNBC-TV18 to give an insight into the company’s third quarter results. Hexaware has upped its annual revenue guidance to 32% at USD 306 million.
Slowing demand from the western economies and mounting cost pressure could tinker with the margins for domestic companies, experts opine. Atul Nishar, chairman of Hexaware joins CNBC-TV18 to give an outlook of his company performance and show the way forward for Hexaware.
In an interview on CNBC-TV18, PR Chandrashekhar the CEO and vice-chairman of Hexaware talks about the company’s results.
"The deal has been signed with an existing client in North America for infra management and business process outsourcing services," said Atul Nishar, its chairman in an exclusive interview with CNBC-TV18.
Atul Nishar, Chairman at Hexaware Technologies tells CNBC-TV18 that his company has bagged a USD 25 million European deal. The three year Remote Infrastructure Management contract from an existing client will see the company deploying over 150 professionals to handle this new business.
Atul Nishar, Chairman, Hexaware Technologies in an interview with CNBC-TV18 spoke about the quarterly performance of the company. He said that this quarter was of all round growth. Improvement in overall operations has driven the margins.
Atul Nishar, Chairman of Hexaware, in an interview with CNBC-TV18’s Udayan and Mitali Mukherjee, spoke about the multi-million dollar order they received and the recent happenings in his company.
In an interview with CNBC TV-18, PR Chandrasekar, chief executive officer and vice chairman of Hexaware Technologies said that the company is confident of achieving 25% revenue growth in CY11.
Hexaware’s board has approved a 1:1 bonus share issues, on the occasion of the company completing 20 years, says Atul Nishar, chairman of the company, in an exclusive interview on CNBC-TV18.