Hexaware Technologies rose 14% and touched the 52-week high of Rs99.90 post strong December quarter results.
Hexaware Technologies has reported a growth of 36.3% quarter-on-quarter in net profit of Rs88.2 crore for the October-December quarter of CY11 while it jumped 123% year-on-year.
EBITDA margins improved 430 basis points to 23% versus 18.7% quarter-on-quarter.
Even EBIT margins increased 460 basis points from 17% in Q3 to 21.6% in Q4 2011.
The company's revenue surpassed the quarterly guidance of USD 82.5 million, and grew 6.7% sequentially to USD 84.1 million. In rupee terms, revenues shot up 18% to Rs 431.9 crore.
In 2011, Hexaware's revenue grew by 37.5% to Rs 1450 crore while in dollar terms, it jumped 33.3% - ahead of the annual guidance revised upwards thrice during 2011.
EBITDA margins doubled in CY 2011 to 18.2% from 8.9% in 2010. EBIT margins went up 990 basis points in CY 2011 to 16.5% from 6.6% in 2010.
2011 PAT margins expanded 820 basis points to 18.4% from 10.2%.
Guidance for Q1 and CY12
The company expects revenues to grow 20% to USD 370 million in CY12. It sees 4% growth in first quarter revenues to USD 87.5 million quarter-on-quarter.
....more info
Hexaware Technologies has reported a growth of 36.3% quarter-on-quarter in net profit of Rs88.2 crore for the October-December quarter of CY11 while it jumped 123% year-on-year.
EBITDA margins improved 430 basis points to 23% versus 18.7% quarter-on-quarter.
Even EBIT margins increased 460 basis points from 17% in Q3 to 21.6% in Q4 2011.
The company's revenue surpassed the quarterly guidance of USD 82.5 million, and grew 6.7% sequentially to USD 84.1 million. In rupee terms, revenues shot up 18% to Rs 431.9 crore.
In 2011, Hexaware's revenue grew by 37.5% to Rs 1450 crore while in dollar terms, it jumped 33.3% - ahead of the annual guidance revised upwards thrice during 2011.
EBITDA margins doubled in CY 2011 to 18.2% from 8.9% in 2010. EBIT margins went up 990 basis points in CY 2011 to 16.5% from 6.6% in 2010.
2011 PAT margins expanded 820 basis points to 18.4% from 10.2%.
Guidance for Q1 and CY12
The company expects revenues to grow 20% to USD 370 million in CY12. It sees 4% growth in first quarter revenues to USD 87.5 million quarter-on-quarter.
....more info