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Latest news about Hexaware Technologies

Hexaware Technologies Secures Gold Sustainability Rating from EcoVadis, Ranks in Top 5% Globally 4 hours ago Today

Hexaware Technologies has been awarded a gold sustainability rating by EcoVadis, placing it in the 98th percentile of assessed companies. The company's overall sustainability score increased to 82 from 70, upgrading it from Silver to Gold rating. This improvement reflects stronger policy implementation, improved action plans, and measurable results across various sustainability criteria. Hexaware has enhanced its efforts in areas such as governance, environmental impact reduction, labor rights, ethics, and responsible sourcing. The company plans to further strengthen its sustainability approach through deeper value-chain engagement and sharper KPI tracking.

Hexaware Technologies Achieves AWS Premier Tier Partner Status, Boosting Cloud Modernization Capabilities 1 day ago

Hexaware Technologies Partners with Replit to Revolutionize Enterprise Software Development 6 days ago

Hexaware Technologies Unveils Agentic AI Academy in Partnership with upGrad Enterprise Aug 19, 2025

Hexaware Reports 8.6% YoY Revenue Growth, Acquires SMC Squared to Boost GCC Capabilities Jul 31, 2025

More news about Hexaware Technologies

31Jul 25

Hexaware Technologies Appoints Shantanu Baruah as President & Global Head of Healthcare & Insurance Vertical

Hexaware Technologies Limited has announced the appointment of Shantanu Baruah as President & Global Head of the Healthcare & Insurance Vertical, effective August 1, 2025. Baruah brings over 25 years of experience in healthcare, life sciences, and digital transformation. He previously served as Executive Vice President at HCL Tech, leading the Americas Healthcare business unit. Recognized among the Top Healthcare IT Executives, Baruah has authored papers and books on healthcare technology. This strategic appointment aims to strengthen Hexaware's position in the healthcare and insurance sectors.

25Jul 25

Hexaware Technologies Reports Strong Q2 2025 Results, Acquires SMC to Boost GCC Capabilities

Hexaware Technologies announced Q2 2025 financial results with revenue reaching USD 382.10 million, an 8.6% year-over-year increase. EBITDA margin expanded to 17.2%, and reported profit increased by 38.3%. The company acquired SMC Squared for up to USD 120 million to enhance its Global Capability Center offerings. Key verticals showing growth include Travel and Transportation (23.4%), Financial Services (15.7%), and High Tech and Professional Services (14.1%). The company maintains its EBITDA outlook for the year despite lowering expectations due to macroeconomic softness.

25Jul 25

Hexaware Technologies Reports Solid Q2 2025 Results, Acquires SMC to Boost GCC Capabilities

Hexaware Technologies announced robust Q2 2025 financial results with revenue reaching USD 382.10 million, up 8.6% YoY. The company's EBITDA margin expanded to 17.2%, and net profit surged by 38.3% YoY to INR 3,797.00 million. Most sectors showed growth, with Travel and Transportation leading at 23.4% YoY. Geographically, Americas and Europe grew by 10.3% and 7.9% YoY respectively. Hexaware also acquired SMC Squared for up to USD 120.00 million to enhance its Global Capability Center offerings. The company's total headcount reached 32,410 with a decreased IT services attrition rate of 11.1%.

25Jul 25

Hexaware Technologies Reports 38% Profit Jump But Misses Estimates, Lowers Growth Expectations

Hexaware Technologies reported a 38% year-over-year increase in net profit to Rs 380.00 crore for the June quarter, falling short of market expectations. Revenue grew by 11.1% to Rs 3,260.00 crore, also missing estimates. The profit shortfall was attributed to increased expenses, including acquisition-related costs. While manufacturing and consumer segments declined, Europe showed growth. The company acquired SMC Squared for $120.00 million but lowered its growth expectations due to market softness. Hexaware's shares fell 10.7% following the announcement.

24Jul 25

Hexaware Technologies Reports Growth in Q1 Net Profit and Revenue

Hexaware Technologies announced Q1 financial results showing growth and improved profitability. Consolidated net profit rose to ₹3.80 billion from ₹3.27 billion, while revenue increased to ₹32.60 billion from ₹32.07 billion quarter-on-quarter. The company reported growth across most vertical segments, with notable performance in the Americas and Europe. Hexaware secured significant deals in legacy modernization, application modernization, AI-driven services, and cloud consolidation. The company's headcount reached 32,410, with improved utilization rates and reduced attrition.

17Jul 25

Hexaware Technologies Expands Global Capability Center Footprint with $120 Million Acquisition

Hexaware Technologies is acquiring Tech SMC Square India, Tech SMCSquared (GCC) India, and their US parent SMC Squared, LLC for up to $120 million. The deal aims to strengthen Hexaware's position in the Global Capability Center (GCC) market. SMC Squared brings expertise in setting up GCCs, with over 500 employees and delivery centers in India. The acquisition is expected to accelerate Hexaware's GCC journey, create a GCC 2.0 service line, and integrate SMC's capabilities with Hexaware's strengths in AI, analytics, and cloud transformation.

16Jul 25

Hexaware Technologies Announces Q1 Results and Q2 Earnings Call

Hexaware Technologies has scheduled an earnings call for July 25, 2025, at 8:00 AM to discuss Q1 results and provide insights into Q2 earnings. The call will cover comprehensive Q1 performance, preliminary Q2 financial outcomes, and future outlook. Investors can expect details on revenue figures, growth metrics, profit margins, cost management strategies, key projects, and client acquisitions.

01Jul 25

Hexaware Technologies Approves $50 Million Investment in U.S. Subsidiary

Hexaware Technologies' board has approved an investment of up to $50 million in its U.S. subsidiary, Hexaware Technologies Inc. This strategic move aims to strengthen the company's presence in the U.S. market, potentially leading to expanded operations, enhanced service offerings, increased competitiveness, and growth in the client base. The investment aligns with Hexaware's global strategy and its focus on key international markets.

30Jun 25

Hexaware Technologies to Inject Up to $50 Million in U.S. Subsidiary

Hexaware Technologies has approved a capital infusion of up to $50 million into its wholly owned U.S. subsidiary. The investment, to be completed by December 2026, aims to strengthen the company's presence in the U.S. market. This strategic move is expected to expand Hexaware's operations, enhance service delivery capabilities, and improve its competitive position in the U.S. IT services sector.

26Jun 25

Hexaware Technologies Achieves Guidewire Migration Acceleration Specialization

Hexaware Technologies has attained the Guidewire Migration Acceleration Specialization under the Guidewire PartnerConnect Program. This recognition highlights Hexaware's advanced capabilities in executing Guidewire migrations for insurance companies. The specialization is expected to reduce risks, accelerate implementation, and enhance efficiency for clients in the insurance sector. It also positions Hexaware as a trusted expert for insurers seeking to modernize their technology with Guidewire solutions.

29May 25

Hexaware Technologies Enhances CX Solutions with Fixie.AI Voice AI Partnership

Hexaware Technologies has formed a strategic partnership with Fixie.AI to integrate voice AI technology into its enterprise operations. The company has chosen Ultravox Realtime as its voice AI platform, aiming to enhance customer experience (CX) solutions. This integration is expected to improve customer interactions, provide real-time assistance, and increase operational efficiency. The move positions Hexaware at the forefront of IT services innovation, particularly in customer experience solutions.

23May 25

Hexaware Technologies Expands US Presence with New Chicago Office

Hexaware Technologies has opened a new office in Chicago, strengthening its presence in the US market. This strategic move aims to enhance service delivery capabilities, provide localized support to Midwest clients, tap into local talent, and improve response times for US-based customers. The expansion reflects Hexaware's growth trajectory and increased focus on the American market, positioning the company to increase its market share and cater to specific needs of US businesses.

12May 25

Hexaware Technologies Expands Global Footprint with New Subsidiary in Egypt

Hexaware Technologies has incorporated a new subsidiary in Egypt as part of its global expansion strategy. This move aims to strengthen the company's presence in the Middle East and North Africa (MENA) region, enhance service delivery capabilities, and tap into Egypt's growing IT talent pool. The expansion is expected to open new market opportunities, improve localized services, and contribute to Hexaware's growth in the competitive IT services landscape.

29Apr 25

Hexaware Technologies: Management Anticipates Accelerated Growth from Q3 2025

Hexaware Technologies announced Q1 2025 results with a 0.20% revenue decline in constant currency, but 1.70% growth in rupee terms. EBITDA margins improved to 16.50%. The company expects accelerated growth from Q3 2025, particularly in the Banking and Financial Services sector. Hexaware maintains its $3 billion revenue target for 2029 and continues to focus on digital transformation services.

28Apr 25

Hexaware Technologies Posts Robust Q1 CY25 Results with 12.4% YoY Revenue Growth

Hexaware Technologies reported robust Q1 2025 financial results. Revenue increased 12.4% YoY to $371.50 million, with EBITDA margin expanding by 117 basis points to 16.7%. Net profit grew 17.2% to ₹3,271.00 crore, and EPS rose 16.7% to ₹5.38. The company saw strong growth in Financial Services, Travel and Transportation, and High Tech sectors. Americas revenue grew 18.3% YoY, while Europe declined 4.0%. Hexaware maintained a strong financial position with ₹19,087.00 crore in cash and cash equivalents. The Board declared an interim dividend of ₹5.75 per share.

07Mar 25

Hexaware Technologies: Q4 Earnings Trigger Share Price Decline Despite Strong CY24 Performance

Hexaware Technologies reported robust financial results for CY24, outperforming the sector with 13.5% growth and reaching $1,428.9 million in revenue. However, Q4 2024 results led to a 4% share price decline. Q4 revenue increased 0.6% to Rs 3,154 crore, while EBIT decreased 0.8%. The company added 4,017 employees in 2024, reduced voluntary attrition to 10.8%, and improved client metrics. Hexaware also announced a strategic partnership with the San Francisco Unicorns cricket team.

07Mar 25

Hexaware Technologies Scores Big with San Francisco Unicorns Partnership, Riding on Strong Financial Performance

Hexaware Technologies has announced a strategic partnership with the San Francisco Unicorns cricket team until 2026, coinciding with the release of impressive financial results for Q4 and full-year 2024. The collaboration includes branding on team gear and signage. Hexaware reported Q4 2024 revenue of $372.3 million (up 18.5% YoY) and full-year revenue of $1,428.9 million (up 13.7% YoY). EBITDA margins improved, with Q4 at 16.3% and full-year at 15.9%. The company expanded its client base, adding a $100 million+ revenue customer and increasing $20 million+ customers from 11 to 15.

06Mar 25

Hexaware Technologies Scores Big: Partners with San Francisco Unicorns to Revolutionize Cricket Fan Experience

Hexaware Technologies has announced a partnership with the San Francisco Unicorns, a Major League Cricket team, running through the 2026 season. As the Official Partner, Hexaware's branding will appear on team gear and match displays. The collaboration aims to enhance fan engagement through technology and innovation in cricket. This partnership coincides with the Unicorns' preparation for the third MLC season in Summer 2025, which will include matches in the Bay Area for the first time.

19Feb 25

Hexaware Technologies Shares Soar 10% Above IPO Price on Market Debut

Hexaware Technologies Ltd made a strong debut on the Bombay Stock Exchange, with shares rising up to 10% above the IPO price. The stock listed at ₹780, compared to its IPO price of ₹708. The company's market capitalization reached ₹46,983.91 crore. The IPO, which raised ₹8,750 crore, was oversubscribed 2.66 times, indicating strong investor interest. Qualified institutional buyers played a crucial role in supporting the offering.

19Feb 25

Hexaware Technologies Makes Strong Debut: India's Largest IT Services IPO Lists at 5% Premium

Hexaware Technologies, a leading Indian IT services company, successfully listed on both BSE and NSE. The company's shares opened at a 5% premium above the IPO price, with BSE listing at ₹731 and NSE at ₹745.5. This ₹8,750-crore IPO, structured as an Offer For Sale by Carlyle, marks the largest ever for an Indian IT services company. The strong debut reflects investor confidence in Hexaware's business model and the Indian IT sector's growth potential.