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. Copies of the financial results and the Limited Review Report from statutory auditors are enclosed as Annexure A. A press release detailing these results has also been released as Annexure B. The meeting concluded at 06:33 p.m.
Board Meeting Outcome
Hexaware Technologies convened its Board Meeting on Wednesday, July 29, 2026. The primary agenda was the approval of the company’s financial performance for the periods ending June 30, 2026. The Board successfully approved both the unaudited standalone and consolidated financial results for the quarter and the six-month period. This outcome follows an earlier intimation provided on July 24, 2026.
Key Approvals and Enclosures
The approved unaudited financial results, alongside the Limited Review Report from the Statutory Auditors, are provided as Annexure A. Additionally, a press release summarizing these unaudited financial results for the quarter and six months ended June 30, 2026, is enclosed as Annexure B. These results will be published in newspapers as per SEBI regulations and will also be accessible on the company’s website.
Meeting Details
The Board Meeting commenced at 4:56 p.m. and concluded at 06:33 p.m. on July 29, 2026. The communication has been duly recorded.
Financial Highlights (as per Annexure B)
Revenue
For the second quarter of calendar year 2026 (Q2CY26), Hexaware reported revenue of USD 405.4 million, reflecting a 4.4% increase quarter-on-quarter (QoQ) and a 6.1% year-on-year (YoY) growth. In INR terms, revenue stood at INR 38,452 million, with a 6.4% QoQ and 17.9% YoY growth. Constant currency growth for revenue was 4.4% QoQ and 6.3% YoY.
Profitability
Earnings Before Interest and Taxes (EBIT) for Q2CY26 was USD 55.3 million, up 9.8% QoQ and 43.9% YoY. The EBIT margin was reported at 13.6%, showing an increase of 33 basis points QoQ and 352 basis points YoY. Profit After Tax (PAT) was USD 34.9 million, a decrease of 5.3% QoQ and 21.1% YoY. In INR, PAT was INR 3,302 million, down 6.1% QoQ and 13.0% YoY.
Earnings Per Share (EPS)
Basic EPS for Q2CY26 was INR 5.411, a decrease of 6.2% QoQ and 13.4% YoY.
Key Client Metrics
Hexaware added one customer in the USD 20Mn+ category, bringing the total to 16. The top 10 customer revenue concentration remained at 35.7%.
Key People Metrics
The company reported a closing headcount of 34,506, with a net addition of 708 employees QoQ. Voluntary attrition for IT was 11.2%, and the Q2CY26 utilization rate for IT was 84.8%.
Source: BSE
