Hexaware Technologies Income Statement

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

Millions INR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	134,304	119,744	103,803	91,996	71,777
Revenue	134,304	119,744	103,803	91,996	71,777
Revenue Growth (YoY)	12.16%	15.36%	12.83%	28.17%	14.62%
Cost of Revenue	78,640	70,157	62,548	58,575	44,734
Gross Profit	55,664	49,587	41,255	33,421	27,043
Selling, General & Admin	1,390	1,031	1,059	888	522
Other Operating Expenses	32,308	28,609	24,234	20,283	14,984
Operating Expenses	36,985	32,428	27,896	23,615	17,747
Operating Income	18,679	17,159	13,359	9,806	9,296
Interest Expense	-500	-374	-267	-283	-332
Interest & Investment Income	520	376	63	13	30
Currency Exchange Gain (Loss)	-641	190	-136	1,718	578
Other Non Operating Income (Expenses)	-449	-240	-38	-23	12
EBT Excluding Unusual Items	17,609	17,111	12,981	11,231	9,584
Merger & Restructuring Charges	-828	-1,180	-85	-	-
Gain (Loss) on Sale of Investments	121	140	84	30	31
Gain (Loss) on Sale of Assets	7	-3	4	2	5
Asset Writedown	-2,022	-	-233	-	-
Other Unusual Items	2,381	-465	-66	-33	-208
Pretax Income	17,268	15,603	12,685	11,230	9,412
Income Tax Expense	3,585	3,863	2,709	2,388	1,924
Earnings From Continuing Operations	13,683	11,740	9,976	8,842	7,488
Minority Interest in Earnings	9	24	-	-	-
Net Income	13,692	11,764	9,976	8,842	7,488
Net Income to Common	13,692	11,764	9,976	8,842	7,488
Net Income Growth	16.39%	17.92%	12.83%	18.08%	20.48%
Shares Outstanding (Basic)	608	607	606	603	603
Shares Outstanding (Diluted)	618	610	608	608	608
Shares Change (YoY)	1.34%	0.31%	-0.09%	0.11%	0.19%
EPS (Basic)	22.51	19.37	16.45	14.65	12.43
EPS (Diluted)	22.16	19.29	16.41	14.53	12.32
EPS Growth	14.88%	17.55%	12.94%	17.94%	20.25%
Free Cash Flow	15,716	14,147	14,513	7,014	8,706
Free Cash Flow Per Share	25.43	23.20	23.87	11.53	14.32
Dividend Per Share	11.500	8.750	8.750	11.000	-
Dividend Growth	31.43%	-	-20.46%	-	-
Gross Margin	41.45%	41.41%	39.74%	36.33%	37.68%
Operating Margin	13.91%	14.33%	12.87%	10.66%	12.95%
Profit Margin	10.20%	9.82%	9.61%	9.61%	10.43%
Free Cash Flow Margin	11.70%	11.81%	13.98%	7.62%	12.13%
EBITDA	21,964	18,951	15,049	11,477	10,849
EBITDA Margin	16.35%	15.83%	14.50%	12.48%	15.12%
D&A For EBITDA	3,285	1,792	1,690	1,671	1,553
EBIT	18,679	17,159	13,359	9,806	9,296
EBIT Margin	13.91%	14.33%	12.87%	10.66%	12.95%
Effective Tax Rate	20.76%	24.76%	21.36%	21.26%	20.44%
Revenue as Reported	138,187	120,493	103,891	93,788	72,446
Advertising Expenses	1,163	844	916	758	483

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.