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	2016 - 2020
Period Ending	Jun '25 Jun 30, 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	2016 - 2020
Operating Revenue	127,587	119,744	103,803	91,996	71,777	62,621	Upgrade
Revenue	127,587	119,744	103,803	91,996	71,777	62,621	Upgrade
Revenue Growth (YoY)	16.50%	15.36%	12.83%	28.17%	14.62%	12.17%	Upgrade
Cost of Revenue	75,053	70,619	62,548	58,575	44,734	38,639	Upgrade
Gross Profit	52,534	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	31,841	28,993	24,234	20,283	14,984	-	Upgrade
Operating Expenses	35,860	32,812	27,896	23,615	17,747	15,837	Upgrade
Operating Income	16,674	16,313	13,359	9,806	9,296	8,145	Upgrade
Interest Expense	-580	-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)	-167	190	-136	1,718	578	267.36	Upgrade
Other Non Operating Income (Expenses)	-227	-240	-38	-23	12	-46.24	Upgrade
EBT Excluding Unusual Items	16,076	16,265	12,981	11,231	9,584	8,000	Upgrade
Merger & Restructuring Charges	-156	-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	1,218	-465	-66	-33	-208	-	Upgrade
Pretax Income	17,275	15,603	12,685	11,230	9,412	8,005	Upgrade
Income Tax Expense	4,003	3,863	2,709	2,388	1,924	1,790	Upgrade
Earnings From Continuing Operations	13,272	11,740	9,976	8,842	7,488	6,215	Upgrade
Minority Interest in Earnings	14	24	-	-	-	-	Upgrade
Net Income	13,286	11,764	9,976	8,842	7,488	6,215	Upgrade
Net Income to Common	13,286	11,764	9,976	8,842	7,488	6,215	Upgrade
Net Income Growth	27.35%	17.92%	12.83%	18.08%	20.48%	-3.09%	Upgrade
Shares Outstanding (Basic)	608	607	606	603	603	599	Upgrade
Shares Outstanding (Diluted)	615	610	608	608	608	607	Upgrade
Shares Change (YoY)	1.14%	0.32%	-0.09%	0.11%	0.19%	0.46%	Upgrade
EPS (Basic)	21.87	19.37	16.45	14.65	12.43	10.38	Upgrade
EPS (Diluted)	21.61	19.29	16.41	14.53	12.32	10.24	Upgrade
EPS Growth	25.95%	17.55%	12.94%	17.94%	20.25%	-3.53%	Upgrade
Free Cash Flow	15,209	14,147	14,513	7,014	8,706	13,641	Upgrade
Free Cash Flow Per Share	24.74	23.20	23.87	11.53	14.32	22.49	Upgrade
Dividend Per Share	7.250	-	8.750	11.000	-	-	Upgrade
Dividend Growth	-14.71%	-	-20.46%	-	-	-	Upgrade
Gross Margin	41.17%	41.02%	39.74%	36.33%	37.68%	38.30%	Upgrade
Operating Margin	13.07%	13.62%	12.87%	10.66%	12.95%	13.01%	Upgrade
Profit Margin	10.41%	9.82%	9.61%	9.61%	10.43%	9.93%	Upgrade
Free Cash Flow Margin	11.92%	11.81%	13.98%	7.62%	12.13%	21.78%	Upgrade
EBITDA	18,666	18,105	15,049	11,477	10,849	9,770	Upgrade
EBITDA Margin	14.63%	15.12%	14.50%	12.48%	15.12%	15.60%	Upgrade
D&A For EBITDA	1,992	1,792	1,690	1,671	1,553	1,626	Upgrade
EBIT	16,674	16,313	13,359	9,806	9,296	8,145	Upgrade
EBIT Margin	13.07%	13.62%	12.87%	10.66%	12.95%	13.01%	Upgrade
Effective Tax Rate	23.17%	24.76%	21.36%	21.26%	20.44%	22.36%	Upgrade
Revenue as Reported	129,579	120,493	103,891	93,788	72,446	62,967	Upgrade
Advertising Expenses	-	844	916	758	483	430.62	Upgrade

Updated Mar 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.