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Hexaware Technologies is expected to report a profit after tax of Rs 52.2 crore in the third quarter of CY11, a fall of 13.2% as compared to Rs 60.2 crore in previous quarter.
In an interview on CNBC-TV18, PR Chandrashekhar the CEO and vice-chairman of Hexaware talks about the company’s results.
Hexaware Technologies is to announce its second quarter results. According to CNBC-TV18's estimates, the company's Q2 CY11 net sales are seen up 6.25% at USD 74.8 million versus USD 70.4 million, quarter-on-quarter, QoQ.
Indian mid-cap IT companies are likely to see a modest revenue growth in April-June on stable demand, but most would see profits and margins squeezed by wage hikes and higher taxes.
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.
Hexaware Technologies is to announce its first quarter results. According to CNBC-TV18's estimates, the company's Q1CY11 USD revenues are seen up 5.1%-5.8% at USD 70-70.5 million versus USD 66.6 million - inline with guidance of USD 70 million.
Emkay Global Financial Services has come out with its earning estimates on IT sector for the quarter ended March 2011. According to the research firm, Hexaware Technologies quarter sales are expected to go up by 7% at Rs 319.6 crore, quarter-on-quarter, (QoQ) basis.
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 Technologies is to announce it fourth quarter results. The company’s Q4 CY10 revenues are seen up 4.37% from Rs 281.7 crore to Rs 294 crore.
The earning season is fast approaching with Information Technology major Infosys declaring their quarter results this week. In an exclusive interview to CNBC-TYV18 Kawaljeet Saluja, Associate Director and the Head of Research at Kotak Securities said that he expects Infosys revenue growth in terms of dollar to grow at 7.5% this quarter.