Hexaware Tech posts 36.4% rise in Q4 net

The Financial Express - Feb 3, 2012

Business process outsourcing and consulting services provider, hexaware technologies, has posted 36.4% rise in fourth quarter for the calender year 2011 net profit to Rs 88.2 crore against Rs 64.7 crore in the previous quarter with profit margins at 20.4% in the quarter. Hexaware’s Q4FY11 net revenues stood at Rs 431.9 crore against Rs 366 crore in the previous quarter. The company’s calender 2011 net revenues stood at Rs 1450.5 crore against Rs 1054.6 crore in 2010. Its FY11 net profit was up 148% to Rs 267 crore against Rs 107.6 crore in the previous year.

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