Hexaware Technologies reported robust results for the quarter ended March 31, 2026. The company achieved a 12.6% YoY increase in revenue to INR 36,130 million. Net profit reached INR 3,516 million, reflecting a 7.5% YoY growth. The board has declared an interim dividend of INR 8.50 per share, underscoring its commitment to shareholder returns and strong financial health.
Financial Highlights
Hexaware Technologies demonstrated consistent growth in the first quarter of 2026. Global revenue stood at USD 388.5 million, marking a 4.6% YoY increase. In INR terms, the company generated INR 36,130 million, a solid 12.6% YoY expansion. The company’s focus on high-value AI solutions and digital transformation continues to drive these positive results.
Profitability and Shareholder Value
The company reported a profit for the quarter of INR 3,516 million, a 7.5% YoY improvement. Earnings Per Share (EPS) for the quarter rose to INR 5.77, an increase of 7.2% YoY. Demonstrating financial confidence, the Board of Directors declared an interim dividend of INR 8.50 per equity share, highlighting the company’s disciplined capital allocation strategy.
Key Metrics and Operational Focus
Hexaware saw continued expansion in its high-value client base, adding two new customers in the USD 10 million+ category, reaching a total of 34 clients. The company maintained a healthy workforce of 33,798 employees with an IT utilization rate of 82.6%. Operational excellence was further supported by strong cash generation, with an LTM Operating Cash Flow (OCF) to Profit conversion rate of 125%, reinforcing the company’s position as a robust financial engine in the IT services sector.
Strategic Outlook
Looking ahead, Hexaware remains committed to its AI-first strategy. By positioning itself as a primary AI transformation partner for global enterprises, the company expects to capitalize on significant growth opportunities throughout 2026. Recent successes include major deals with a premier American audio equipment manufacturer and several large-scale consolidation projects within the global banking and professional services sectors.
Source: BSE
