Hexaware Tech shares jump 6% post robust Q4 results

Hexaware Technologies shares today climbed 6 per cent as the company reported 13.9 per cent jump in net profit for the quarter ended December.
The stock gained 5.21 per cent to end at Rs 235.30 on the BSE. During the day, it went up by 10.77 per cent to Rs 247.75.
On NSE, shares of the company advanced by 6 per cent to settle at Rs 236.30.
On the volume front, 8.15 lakh shares of the company changed hands at the BSE and over 81 lakh shares were traded on NSE during the day.
Mid-sized IT services company Hexaware Technologies yesterday reported 13.9 per cent jump in net profit at Rs 99.4 crore for the quarter ended December.

The firm had posted a net profit of Rs 87.3 crore in the year-ago period, it had said in a statement.

Consolidated revenues rose 15.1 per cent to Rs 819.5 crore in the October-December quarter of the current fiscal as against Rs 711.8 crore in the same period last fiscal.
The company follows January-December period as its fiscal year.
In US dollar terms, net profit grew 4.5 per cent to USD 14.67 million in the fourth quarter of 2015 from USD 14.04 million during the same quarter of 2014.