Hexaware Technologies Income Statement

Financials in millions INR. Fiscal year is January - December.

Millions INR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Operating Revenue	124,335	119,744	103,803	91,996	71,777	62,621	Upgrade
Revenue	124,335	119,744	103,803	91,996	71,777	62,621	Upgrade
Revenue Growth (YoY)	17.60%	15.36%	12.83%	28.17%	14.62%	12.17%	Upgrade
Cost of Revenue	73,126	70,619	62,548	58,575	44,734	38,639	Upgrade
Gross Profit	51,209	49,125	41,255	33,421	27,043	23,982	Upgrade
Selling, General & Admin	1,031	1,031	1,059	888	522	13,513	Upgrade
Other Operating Expenses	29,981	28,993	24,234	20,283	14,984	-	Upgrade
Operating Expenses	33,935	32,812	27,896	23,615	17,747	15,837	Upgrade
Operating Income	17,274	16,313	13,359	9,806	9,296	8,145	Upgrade
Interest Expense	-495	-374	-267	-283	-332	-432.81	Upgrade
Interest & Investment Income	376	376	63	13	30	60.84	Upgrade
Earnings From Equity Investments	-	-	-	-	-	6.7	Upgrade
Currency Exchange Gain (Loss)	119	190	-136	1,718	578	267.36	Upgrade
Other Non Operating Income (Expenses)	-229	-240	-38	-23	12	-46.24	Upgrade
EBT Excluding Unusual Items	17,045	16,265	12,981	11,231	9,584	8,000	Upgrade
Merger & Restructuring Charges	-328	-334	-85	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	140	140	84	30	31	-	Upgrade
Gain (Loss) on Sale of Assets	-3	-3	4	2	5	4.59	Upgrade
Asset Writedown	-	-	-233	-	-	-	Upgrade
Other Unusual Items	-465	-465	-66	-33	-208	-	Upgrade
Pretax Income	16,389	15,603	12,685	11,230	9,412	8,005	Upgrade
Income Tax Expense	4,167	3,863	2,709	2,388	1,924	1,790	Upgrade
Earnings From Continuing Operations	12,222	11,740	9,976	8,842	7,488	6,215	Upgrade
Minority Interest in Earnings	18	24	-	-	-	-	Upgrade
Net Income	12,240	11,764	9,976	8,842	7,488	6,215	Upgrade
Net Income to Common	12,240	11,764	9,976	8,842	7,488	6,215	Upgrade
Net Income Growth	19.70%	17.92%	12.83%	18.08%	20.48%	-3.09%	Upgrade
Shares Outstanding (Basic)	608	607	606	603	603	599	Upgrade
Shares Outstanding (Diluted)	613	610	608	608	608	607	Upgrade
Shares Change (YoY)	0.76%	0.32%	-0.09%	0.11%	0.19%	0.46%	Upgrade
EPS (Basic)	20.14	19.37	16.45	14.65	12.43	10.38	Upgrade
EPS (Diluted)	19.98	19.29	16.41	14.53	12.32	10.24	Upgrade
EPS Growth	18.80%	17.55%	12.94%	17.94%	20.25%	-3.53%	Upgrade
Free Cash Flow	11,991	14,147	14,513	7,014	8,706	13,641	Upgrade
Free Cash Flow Per Share	19.58	23.20	23.87	11.53	14.32	22.49	Upgrade
Dividend Per Share	-	-	8.750	11.000	-	-	Upgrade
Dividend Growth	-	-	-20.46%	-	-	-	Upgrade
Gross Margin	41.19%	41.02%	39.74%	36.33%	37.68%	38.30%	Upgrade
Operating Margin	13.89%	13.62%	12.87%	10.66%	12.95%	13.01%	Upgrade
Profit Margin	9.84%	9.82%	9.61%	9.61%	10.43%	9.93%	Upgrade
Free Cash Flow Margin	9.64%	11.81%	13.98%	7.62%	12.13%	21.78%	Upgrade
EBITDA	19,092	18,105	15,049	11,477	10,849	9,770	Upgrade
EBITDA Margin	15.35%	15.12%	14.50%	12.48%	15.12%	15.60%	Upgrade
D&A For EBITDA	1,818	1,792	1,690	1,671	1,553	1,626	Upgrade
EBIT	17,274	16,313	13,359	9,806	9,296	8,145	Upgrade
EBIT Margin	13.89%	13.62%	12.87%	10.66%	12.95%	13.01%	Upgrade
Effective Tax Rate	25.43%	24.76%	21.36%	21.26%	20.44%	22.36%	Upgrade
Revenue as Reported	125,023	120,493	103,891	93,788	72,446	62,967	Upgrade
Advertising Expenses	-	844	916	758	483	430.62	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.