Tuesday, April 29, 2014

#Hexaware Q1: PAT at Rs. 70.3 Cr

 Hexaware Results Highlights:-

Revenue at $ 95.8 mn up 2% Y-o-Y in $ terms (up 16%Y-o-Y in ` terms to ` 589 Crores)
• Revenue down 4.3% sequentially in $ terms at $ 95.8 mn (down 5% Q-o-Q in ` terms to ` 589  Crores)
• Q1 2014 Gross margin down 90 bps Y-o-Y; down 300 bps Q-o-Q to 36.8%
• EBITDA margin for Q1 2014 at 19.2% stable Y-o-Y; down 330 bps Q-o-Q
• Q1 2014 Profit after Tax (PAT) at ` 70.3 Crores
• Q1 2014 Diluted Earnings per share (EPS) at ` 2.33
• Return on Equity (RoE) at 24% at the end of Q1 2014
• Cash & Cash equivalents at the end of March 2014 at ` 443 Crores
• First Interim Dividend at ` 3.00 for Q1 2014
• Days of Sales Outstanding (DSO) was 48 days at the end of Q1 2014
• 11 new clients added in Q1 2014; 235 active clients currently
• 167 Fresh graduate engineers added during Q1 2014
• Attrition for the quarter ended March 2014 was at 12.8%