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Hexaware net profits grows by 53 percent

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CIOL Bureau
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MUMBAI: Hexaware

Technologies Ltd
, a leading provider of IT & BPO services has reported a

net profit of Rs 29.77 crore for the second quarter registering a growth of 53

per cent compared to Rs 19.45 crore reported during the same quarter previous

fiscal.






For the same time, revenues of the company were Rs 206.87 crore showing 25.3
percent growth over Rs 160.51 crore recorded during the second quarter last

year.






Sequentially net profits have shown 14.4 percent growth from Rs 26 crore and
revenues have shown 17.4 per cent growth over Rs 165 crore.






For the next quarter, the company expects revenue from operations at $ 48
million - a growth of 6% over Q2' 06 and net Profit of $ 7.2 million — a

growth of 10 percent sequentially.






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