Hexaware Reports Q1CY26 Revenue at USD 388.5 Mn, Up 4.6% YoY

Hexaware Technologies (NSE: HEXT), a global provider of IT solutions and services, today announced financial results for the first quarter of calendar year 2026 ended March 31, 2026.

Revenue:

- Q1CY26: USD 388.5 Mn | INR 36,130 Mn
- USD: (0.1%) QoQ and +4.6% YoY | INR: +3.9% QoQ and +12.6% YoY
- Constant Currency: (0.3%) QoQ and +3.2% YoY

Profitability:

EBIT(1):
- Q1CY26: 13.0% | (6 bps) QoQ and (133 bps) YoY in % terms
- (0.6%) QoQ and (5.1%) YoY in absolute terms

Basic EPS:

- Q1CY26: INR 5.77 | 20.5% QoQ and +7.2% YoY

Key Client Metrics

- Added two more customers in the USD 10Mn+ category (LTM basis), increasing the total to 34 from 32 in the previous quarter

- Top 10 customer revenue concentration at 35.9% in Q1CY26 (LTM basis)

"The most defensible moat in the AI world is trust in relationships with customers. Our customers trust us to be their AI transformation partner to bring the power of AI to all facets of their IT and business. This represents a significant growth opportunity, and we are well poised to accelerate growth through 2026." - R. Srikrishna, CEO.

"Q1 continued to reflect the strength and discipline of our financial engine. We had yet another quarter of strong cash generation, with industry leading LTM OCF to PAT conversion of 125%+. This healthy balance sheet and consistent cash flows enabled us to declare the first interim dividend of ₹8.5 per share, reinforcing our commitment to disciplined capital allocation and shareholder returns" - Vikash Jain, CFO.

Shares of Hexaware Technologies Limited was last trading in BSE at Rs. 458.80 as compared to the previous close of Rs. 452.15. The total number of shares traded during the day was 15950 in over 616 trades.

The stock hit an intraday high of Rs. 464.70 and intraday low of 453.00. The net turnover during the day was Rs. 7283748.00.

Source : Equity Bulls

Keywords

HexawareTechnologies HEXT INE093A01041 Software Consulting Q1CY26 ResultUpdate