#None #Hexaware Technologies #Iselin #Financial Growth #IT Solutions

Hexaware Technologies Achieves Revenue Growth in Q2CY26

In a significant achievement for the IT solutions sector, Hexaware Technologies has announced its financial results for the second quarter of calendar year 2026. The company reported revenues amounting to USD 405.4 million, reflecting a 6.1% year-over-year increase, a testament to its robust operational strategies and market resilience.

Financial Summary

Hexaware's revenue growth for Q2CY26 not only showcases an increase of 4.4% quarter-over-quarter but also indicates an impressive upturn of 17.9% in Indian Rupees, amounting to INR 38,452 million. The Earnings Before Interest and Taxes (EBIT) for the quarter stood at USD 55.3 million, reflecting a substantial 9.8% growth compared to the previous quarter.

Key Revenue Drivers

The highlights of this quarter include notable performance across various sectors. Significant contributions came from healthcare, with a remarkable 18.9% increase year-over-year. Likewise, manufacturing and consumer services saw a 17.9% uplift. Despite some challenges, professional services grew by a striking 13.3% post-previous quarter’s slump.

Regional Revenue Performance

Regionally, Hexaware observed varied performance metrics, with Americas exhibiting a growth of 2.9%, while Europe experienced a robust increase of 7.0%. The Asia Pacific region led the growth with an impressive 14.1% rise compared to the previous quarter.

Client Engagements and Innovations

Hexaware’s client engagement strategies have also yielded promising results. The company added a significant client to its roster in the USD 20 million+ category, now totaling 16 clients. Moreover, Hexaware has successfully secured several significant deals, including AI-driven transformations across various sectors.

R. Srikrishna, CEO, commented, “We delivered strong growth in what remained a challenging quarter for the industry. At the same time, our AI Labs are innovating at remarkable speed, launching one new offering every month. This innovation forms the foundation for sustained growth in the AI world.”

Transition to ERP and Financial Resilience

This quarter marked the first quarter with the ERP go-live, a pivotal change in Hexaware’s operational landscape that is poised to enhance efficiencies. CFO Vikash Jain noted that the solid revenue growth and margin expansion demonstrate the effectiveness of their strategic execution and internal transformation efforts.

Conclusion

Hexaware Technologies continues to affirm its stance as a global player in the IT services industry. With a dedicated workforce of 34,506 employees and a commitment to innovation, Hexaware is well-equipped to navigate the complexities of the tech landscape. The company’s consistent focus on AI integration highlights its proactive approach towards future challenges. As Hexaware moves forward, it sets an optimistic outlook for upcoming quarters, aiming to leverage its technological capabilities in driving growth and improving client outcomes.