Hexaware Q2 net up 29% pc to Rs 99 cr

Mid-sized IT services company, Hexaware Technologies, today reported 29.1 per cent jump in consolidated net profit to Rs 98.9 crore for the quarter ended June 30.
The firm had posted a net profit of Rs 76.6 crore in the April-June period last year, it said in a statement.
Consolidated revenues rose 26.5 per cent to Rs 772.2 crore in the April-June quarter of the current fiscal against Rs 610.4 crore in the year-ago period. The company follows January-December period as its financial year.
"This quarter witnessed significant revenue growth with Europe leading among geographies with 8 per cent quarter-on- quarter growth. Hexaware's focussed customer mining strategies and investments in digital technologies have also started yielding results," Hexaware Technologies Chairman Atul Nishar said.

The Board of Directors declared a second interim dividend of Rs 2 per share.
During the quarter, the firm added nine new clients.
Cash and cash equivalents at the end of June stood at Rs 402 crore.
The company's total headcount stood at 11,009 at the end of June 2015, up 909 quarter-on-quarter and 1,722 year-on- year.