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Hexaware Q4 Profit Jumps 64.5% Driven by Strong Revenue Growth

Hexaware Technologies shares a positive outlook with its fourth-quarter profit after tax soaring by 64.5% year-over-year, reaching $38 million. This strong growth signals health and a potentially favorable investor sentiment.

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AI Rating:   8
Profit After Tax: Hexaware Technologies reported a profit after tax of $38 million for the fourth quarter, reflecting a substantial growth of 64.5% from the previous year. This impressive increase indicates strong financial performance, which can positively influence investor sentiment and stock prices. Earnings Per Share (EPS): The company's EPS rose to 5.25 Indian Rupees, representing a 65.1% increase compared to the previous year. A growing EPS is generally viewed favorably by investors, as it signifies enhanced profitability on a per-share basis. EBITDA: Hexaware's EBITDA grew by 48% year-over-year, totaling $60.7 million. This robust increase in EBITDA is an important indicator of the company's operational efficiency and can further reassure investors about the company's financial health. Revenue Growth: The reported revenue was $372.3 million, marking an 18.5% increase from last year. Although revenue decreased by 0.5% sequentially from the preceding third quarter, the year-over-year growth remains solid and indicates resilience in the business. CEOs often speak about maintaining momentum, which can attract future investments. This report reflects strong underlying financial performance, especially in profit and EPS, which are likely to positively impact investor perceptions and stock price.