Hexaware Technologies Income Statement

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

Millions INR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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	148,695	134,304	119,744	103,803	91,996	71,777
Revenue	148,695	134,304	119,744	103,803	91,996	71,777
Revenue Growth	13.45%	12.16%	15.36%	12.83%	28.17%	14.62%
Cost of Revenue	88,789	78,640	70,157	62,548	58,575	44,734
Gross Profit	59,906	55,664	49,587	41,255	33,421	27,043
Selling, General & Admin	1,390	1,390	1,031	1,059	888	522
Other Operating Expenses	35,144	32,308	28,609	24,234	20,283	14,984
Operating Expenses	40,040	36,985	32,428	27,896	23,615	17,747
Operating Income	19,866	18,679	17,159	13,359	9,806	9,296
Interest Expense	-679	-500	-374	-267	-283	-332
Interest & Investment Income	520	520	376	63	13	30
Currency Exchange Gain (Loss)	-1,597	-641	190	-136	1,718	578
Other Non Operating Income (Expenses)	-370	-449	-240	-38	-23	12
EBT Excluding Unusual Items	17,740	17,609	17,111	12,981	11,231	9,584
Merger & Restructuring Charges	-890	-828	-1,180	-85	-	-
Gain (Loss) on Sale of Investments	121	121	140	84	30	31
Gain (Loss) on Sale of Assets	7	7	-3	4	2	5
Asset Writedown	-2,184	-2,022	-	-233	-	-
Other Unusual Items	3,030	2,381	-465	-66	-33	-208
Pretax Income	17,824	17,268	15,603	12,685	11,230	9,412
Income Tax Expense	3,796	3,585	3,863	2,709	2,388	1,924
Earnings From Continuing Operations	14,028	13,683	11,740	9,976	8,842	7,488
Minority Interest in Earnings	15	9	24	-	-	-
Net Income	14,043	13,692	11,764	9,976	8,842	7,488
Net Income to Common	14,043	13,692	11,764	9,976	8,842	7,488
Net Income Growth	0.58%	16.39%	17.92%	12.83%	18.08%	20.48%
Shares Outstanding (Basic)	609	608	607	606	603	603
Shares Outstanding (Diluted)	615	618	610	608	608	608
Shares Change	-0.06%	1.34%	0.31%	-0.09%	0.11%	0.19%
EPS (Basic)	23.05	22.51	19.37	16.45	14.65	12.43
EPS (Diluted)	22.82	22.16	19.29	16.41	14.53	12.32
EPS Growth	0.65%	14.88%	17.55%	12.94%	17.94%	20.25%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Free Cash Flow	13,754	15,716	14,147	14,513	7,014	8,706
Free Cash Flow Per Share	22.35	25.43	23.20	23.87	11.53	14.32
Dividend Per Share	18.000	11.500	8.750	8.750	11.000	-
Dividend Growth	12.50%	31.43%	0%	-20.46%	-	-
Gross Margin	40.29%	41.45%	41.41%	39.74%	36.33%	37.68%
Operating Margin	13.36%	13.91%	14.33%	12.87%	10.66%	12.95%
Profit Margin	9.44%	10.20%	9.82%	9.61%	9.61%	10.43%
Free Cash Flow Margin	9.25%	11.70%	11.81%	13.98%	7.62%	12.13%
EBITDA	23,370	21,964	18,951	15,049	11,477	10,849
EBITDA Margin	15.72%	16.35%	15.83%	14.50%	12.48%	15.12%
D&A For EBITDA	3,504	3,285	1,792	1,690	1,671	1,553
EBIT	19,866	18,679	17,159	13,359	9,806	9,296
EBIT Margin	13.36%	13.91%	14.33%	12.87%	10.66%	12.95%
Effective Tax Rate	21.30%	20.76%	24.76%	21.36%	21.26%	20.44%
Revenue as Reported	152,041	138,187	120,493	103,891	93,788	72,446
Advertising Expenses	-	1,163	844	916	758	483