Hexaware Technologies announced the outcome of its Board Meeting held on July 29, 2026. The Board approved the unaudited standalone and consolidated financial results for the quarter and six months ended June 30, 2026. The unaudited financial results, along with the Limited Review Report from Statutory Auditors and a press release, have been enclosed as Annexures A and B respectively. The meeting commenced at 4:56 p.m. and concluded at 6:33 p.m.
Board Meeting Outcomes
Hexaware Technologies Limited convened its Board Meeting on Wednesday, July 29, 2026, to discuss and approve key financial outcomes. Following an earlier intimation, the Board has officially sanctioned the unaudited financial results for both standalone and consolidated operations for the quarter and the six months that concluded on June 30, 2026.
Financial Results Approval
The approved unaudited financial results for the period ending June 30, 2026, have been formally presented. Accompanying these results are the Limited Review Report issued by the company’s Statutory Auditors, enclosed as Annexure A. Furthermore, a press release detailing these unaudited financial results for the quarter and six months has been provided as Annexure B.
Disclosure and Availability
The company will publish an extract of these results in newspapers as per SEBI regulations, including a QR Code for website access. The complete financial results are also available on the company’s website at https://hexaware.com/investors/quarterly-results/. The Board meeting commenced at 4:56 p.m. and concluded at 6:33 p.m. on the same day.
Key Financial Highlights (Standalone and Consolidated – Six Months Ended June 30, 2026)
Revenue and Profitability
For the six months ended June 30, 2026, Hexaware Technologies reported a Profit for the Period/Year of INR 3,302 million on a consolidated basis, compared to INR 3,516 million for the same period in the previous year. Standalone, the profit was INR 2,000 million, down from INR 2,138 million in the prior year. Revenue from operations for the consolidated entity stood at INR 74,582 million, up from INR 64,686 million in the prior year. The standalone revenue was INR 40,636 million, an increase from INR 35,819 million.
Other Comprehensive Income
Consolidated Other Comprehensive Income (OCI) for the six months ended June 30, 2026, was INR 1,942 million. For the standalone entity, OCI was INR (296) million.
Earnings Per Share
Consolidated Basic EPS for the six months ended June 30, 2026, was INR 11.18, down from INR 11.64 in the previous year. Standalone Basic EPS was INR 6.79, compared to INR 6.72 in the prior year.
Key Client Metrics and Operational Highlights
Client Acquisition and Concentration
Hexaware added one new customer in the USD 20Mn+ category (LTM basis), bringing the total to 16. The top 10 customer revenue concentration remained at 35.7% in Q2CY26 (LTM basis).
Headcount and Attrition
The company reported a closing headcount of 34,506, with a net addition of 708 employees quarter-on-quarter, including 179 in IT. The voluntary attrition rate for IT services was 11.2%. The Q2CY26 utilization rate for IT was 84.8%.
Key Financial Ratios
The reported EBIT margin stood at 13.6% for Q2CY26, an increase of 33 bps quarter-on-quarter. The reported profit margin was 8.6%.
Source: BSE
