Hexaware Technologies Reports Strong Q3CY25 Results With Revenue Growth of 5.5% Year-over-Year

Hexaware Technologies Reports Q3CY25 Results

Hexaware Technologies Ltd., a prominent global player in IT solutions and services, announced its financial performance for the third quarter of calendar year 2025, which ended on September 30, 2025. The company recorded significant growth, with a revenue of USD 394.8 million, reflecting a 5.5% increase Year-over-Year (YoY).

Financial Highlights

The impressive revenue growth was complemented by strong performance in various financial metrics. The EBITDA for the quarter was reported at USD 69.3 million, which indicates a 15.6% increase YoY. This translates to an EBITDA margin of 17.5%, showing a 154 basis points improvement over the previous year. Additionally, Hexaware's earnings per share (EPS) stood at INR 6.09, an increase of 22.3% compared to the same quarter last year.

Hexaware's revenue growth reflects a sequential rise of 3.3% QoQ, and the constant currency growth also shows promising figures of 3.4% QoQ, demonstrating the company's robust operational efficiency amid challenging macroeconomic conditions.

Strategic Investments and Innovations

Underlining its commitment to sustain growth, Hexaware has continued to invest strategically in enhancing its capabilities. The company recently acquired CyberSolve, a firm that specializes in Identity and Access Management (IAM), which is expected to bolster its offerings in cybersecurity. Moreover, a new vertical focusing on Technology, Products, and Platforms has been created, positioned to leverage upcoming market opportunities in artificial intelligence (AI).

R. Srikrishna, CEO of Hexaware, expressed pride in the company’s ability to deliver solid growth despite the broader economic challenges. He emphasized that the organization is not just focusing on current performance but is also geared towards future investments in innovative areas.

The Chief Financial Officer, Vikash Jain, added that the reported EBITDA reflects disciplined operational efficiencies, with ongoing cash generation supporting Hexaware's financial health. The company achieved an Operating Cash Flow (OCF) to EBITDA conversion rate of 80% over the last twelve months. As of September 30, 2025, Hexaware reported significant liquidity, with INR 20,201 million (USD 228 million) in cash and cash equivalents.

People Metrics

Hexaware's workforce remains a vital asset, with the closing headcount reported at 33,590 employees. The company noted a net addition of 1,054 employees over the last twelve months, indicative of its growth trajectory and focus on attracting top talent. The voluntary attrition rate for IT roles was reported at 11.4%, and the utilization rate for IT services stood at 83.8%.

Overall, Hexaware’s Q3CY25 financial results highlight its successful navigation of the challenging IT landscape, reinforcing its market position as a leader in delivering innovative technology solutions. With a strategic focus on growth, technology advancement, and operational excellence, Hexaware Technologies is poised for continued success in the dynamic IT service sector.

For more details, visit Hexaware's official website.