Hexaware Tech shares down 4% post earnings

Shares of Hexaware Technologies fell 4 per cent today after the company reported just 1.1 per cent rise in consolidated net profit to Rs 100 crore for the April-June quarter.
The scrip went down 3.98 per cent to settle at Rs 220.80 on BSE. During the day, it lost 4.5 per cent to Rs 219.60.
At NSE, shares of the company slipped 3.91 per cent to close at Rs 220.90.
On the volume front, 2.63 lakh shares were traded on BSE and over 20 lakh shares changed hands at NSE during the day.
The company's net profit stood at Rs 98.9 crore in the same quarter last year.

Its revenues increased 12.6 per cent to Rs 869.7 crore in the reported quarter from Rs 772.2 crore in the corresponding period last fiscal.
At the end of June 2016, the company's headcount was at 11,875 with an addition of 276 people during the three-month period. The attrition rate stood at 16.6 per cent.