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This is an archive article published on April 28, 2011

Hexaware Q1 net surges to 53.8 crore

The company had registered a net profit of Rs 11.55 crore in the same period a year earlier.

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Software services firm Hexaware Technologies reported a consolidated net profit of Rs 53.83 crore for the quarter ended March 31,2011,vis-a-vis the same period last year.

The company had registered a net profit of Rs 11.55 crore in the same period a year earlier,Hexaware Technologies said in a filing to the Bombay Stock Exchange (BSE).

Income from operations of the company rose to Rs 318.5 crore in the January-March quarter from Rs 221.9 crore in the same period last year,it added.

In a separate filing to the stock exchange,Hexaware said that a meeting of the board of directors of the company will be held on May 6 for declaration of an interim dividend.

Shares of the company were trading at Rs 71.70,up 0.91 per cent from the previous close on the BSE.

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