Hexaware Technologies

Hexaware Technologies, an IT services firm recently reported a profit after tax of Rs 153.6 cr for the second quarter of 2018, up 14.3% sequentially and 25.4% year on year. The revenues reported by the company are of Rs 1136.7 cr, up 8.4% sequentially and 15.4% YoY. In dollar terms, constant currency revenue was at $169.8, up 4.7% QoQ, and PAT at $22.7M; up 9.5% QoQ, 19.5% YoY Hexaware Technologies is an information technology and business process outsourcing service provider company based in Navi Mumbai, India. Founded in 1990, the company provides software services in, -Banking -Financial Services -Capital Markets -Healthcare -Insurance -Manufacturing -Retail -Education -Telecom -Professional services (Tax, Audit, Accounting and Legal) -Travel -T...

Bengaluru based IT Consulting and Services firm Genpact unit Headstrong is likely to get acquired in a bid where Hexaware Technologies, Mphasis and L&T Infotech are being considered as potential investors. According to sources familiar with the matter, company's current valuation is currently being valued at around $200 million. Genpact acquired a capital markets domain specialist called Headstrong seven years ago. At present, it may bring around $200 million or less than half of the amount paid by Genpact in the process of sale. The firm bought Headstrong in an all-cash deal to distort to a domain specialist so as to benefit the customers through integrated service offerings. The words of Hfs Research's CEO, Phil Fersht were that they desired to build a credible IT service. T...

Tag: Hexaware Technologies

IT Firm Hexaware Technologies Profit Up 25.4%

Hexaware and Mphasis Eyeing to Acquire Genpact Unit Headstrong