'
Hexaware hosted conference call on February 05, 2026. In the
conference call, the company was represented by Mr. Srikrishna- CEO, and Mr
Vikas Jain- CFO
Key Takeaways of the
call
Q4CY2025:
Q4 revenue was US $389 million, sequential
decline of 1.5%. In absolute terms, this represents a US $6 million decline.
The decline was primarily driven by calendars and furloughs, which are seasonal
in nature, close to US $9 million, lower license revenues of US $7 million, and
marginal headwinds from Forex. Forex was a headwind in the current quarter on
revenues and also in terms of margins.
EBIT for the quarter was 17%.
This includes impact of few one-timers during the quarter. Normalized for the
one-timers, the margin for the quarter was 15.4% a drop of 210 bps
sequentially.
Head winds for margin include
forex which had an impact of 20 bps, calendar impact was around 60 bps, lower
utilization had an i...
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