Hexaware Tech Q1 net down 68% (QoQ)

by Bloomberg UTV News Desk    Apr 29, 2010

Hexaware Tech announced its net for the first quarter ended March 31, 2010 which was down 68 percent at Rs 11.6 crore from the previous quarter.

Hexaware Tech: Q1 CY 2010 (QoQ)

Profit down 68 percent at Rs 11.6 crore
Revenue down 12 percent at Rs 222 cr
Profit in dollar terms up 67.1 percent at $2.5 mm
Revenue in dollar terms down 10.1 percent at $48.6 mn
Co in given guidance of $48-50 million for Q1 quarter

Guidance for Q2

Revenue seen b/w $52-53 mn
Revenue guidance implies growth of 7-9 percent QoQ