Hexaware Technologies posted a net profit of Rs 53.8 crore for the first quarter ended March, 2011, up by 367% from 11.55 crore in the corresponding quarter a year ago, according to a release ont he Bombay Stock Exchange (BSE).
The net sales for the March, 2011 quarter have increased by 6.3% to Rs 318.5 crore from Rs 299.6 crore in the previous quarter the same year.
The net profit for FY11 has been registered at Rs 107.58 crore.
The EBIDTA margins are posted at 14.3% for the quarter ended March, 2011.
The forex gains have been posted at Rs 10 cr for the first quarter ended March, 2011 as compared to Rs 9.5 cr in the previous quarter.
The Q2 revenue guidance is seen to be around $72.5 mn.
The shares of Hexaware in the previous day's close ended up 1.65% at Rs 71.05 on the BSE
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