Hexaware Technologies reported its CY25 results, showcasing a revenue of USD 1,537.4 Mn, a 7.6% year-over-year increase. Q4CY25 revenue reached USD 389 Mn, up 4.5% YoY. EBITDA expanded by 65 bps YoY. The company added one customer in the USD 100 Mn+ category and another in the USD 50 Mn+ category. It declared a dividend of INR 11.5 per share.
Financial Highlights
Hexaware Technologies (NSE: HEXT) announced its financial results for the fourth quarter of calendar year 2025, reporting:
- CY25 Revenue: USD 1,537.4 Mn, up 7.6% YoY
- Q4CY25 Revenue: USD 389 Mn, up 4.5% YoY
- EBITDA expansion of 65 bps YoY
Key Metrics
The announcement also highlighted these key metrics:
- Added 1 customer in the USD 100 Mn+ category
- Added 1 customer in the USD 50 Mn+ category (4 in CY25 vs. 3 in CY24)
- Top 10 customers’ revenue concentration: 36.4% in CY25
People and Cashflow
- Closing Headcount: 33,844, net added 1,535 since Q4CY24
- Voluntary Attrition for IT: 11.0%
- Q4CY25 Utilization Rate for IT: 80.8%
- Strong Cash and Cash Equivalents position as of December 31, 2025: USD 237 Mn
- INR 11.5 per share of dividend paid in CY25
Revenue Breakdown by Vertical
Revenue performance by vertical showed the following:
- Financial Services: 0.0% QoQ, 8.4% YoY, 14.0% YOY
- Healthcare and Insurance: (9.0%) QoQ, 2.1% YOY, 7.2% YOY
- Manufacturing and Consumer: (0.7%) QoQ, 15.0% YOY, 1.4% YOY
- High Tech and Professional Services: (4.5%) QoQ, (15.3%) YOY, 0.9% YOY
- Banking: 11.1% QoQ, 15.1% YOY, 7.9% YOY
- Travel and Transportation: 5.1% QoQ, 10.8% YOY, 12.8% YOY
Geographic Performance
Revenue distribution across geographies is as follows:
- Americas: (3.3%) QoQ, 2.5% YOY, 9.5% YOY
- Europe: 1.1% QoQ, 10.3% YOY, 3.2% YOY
- Asia Pacific: 14.9% QoQ, 12.2% YOY, (1.3%) YOY
Source: BSE
