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World Business News |
Chennai News
Thursday, January 27, 2005 (Mumbai):
Hexaware Technologies today posted a huge jump of 186.6 in
its fourth quarter net profit.
The company's net profit in the October-December period has
surged to Rs 21.4 crore from Rs 7.5 crore in Q4 of the
previous year.
Hexaware's fourth quarter revenue has increased by 47.4 per
cent to Rs 157 crore from Rs 106.5 crore in the corresponding
December ending quarter of 2003.
The company added 12 new clients and 302 employees in the
quarter under review. It has announced a final dividend of Rs
5 a share.
Hexaware board will meet on February 21 to consider a stock
split.
Hexaware has given a revenue guidance of $170 million in the
financial year 2005.
The company's FY'05 profit guidance is up 80 per cent to
$25.2 million.
On the BSE, shares of Hexaware were trading with gains of Rs
44 or over 8 per cent at Rs 580 in morning trades.
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