Hexaware Technologies posted modest growth in the second quarter of calendar year 2025. However, a sharp rise in one-off costs and slower-than-expected deal momentum weighed heavily on margins.
The company reported Q2 revenue of ₹32,607 crore ($382.1 million), marking a sequential growth of 1.6% in INR and 2.8% in USD. In constant currency terms, revenue rose only 1.3% QoQ. Year-on-year, revenue was up 11.1% in INR and 8.6% in USD. That said, the tepid quarter-on-quarter increase has raised concerns about growth saturation.
EBITDA…
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