PUNE: Hexaware Technologies Limited, a global provider of application, infrastructure, BPS and digital services has reported a 3.4% sequential rise in net profit at $139.9 mn for the quarter ended 31st December, 2016, a year-on-year rise of 13.2%.The EBITDA for the quarter was at $24.8mn, an increase of 24.8%, while profit after tax rose 7.5% sequentially and 22.1% year-on-year at $17.9mn. “The combination of fearless automation and digital innovation represents the company’s biggest asset, strengthening the customer’s business and differentiating us in a competitive marketplace,” said Atul Nishar, Chairman, Hexaware Technologies Limited.The company has declared a fourth interim dividend of 50% (Re1) for Q4FY16. We now exit 2016 with a run-rate that puts us in pole position for a double digit growth in 2017. We also saw accelerated booking from new customers that will further aid our growth,” stated R Srikrishna, CEO & Executive Director, Hexaware Technologies.During the quarter, the Americas led the geographic growth at 3.4% sequentially and 14.3% annually. The Company has hired over 900 employees/full0time contractors in the US in 2016.

Source: Economic Times February 07, 2017 07:19 UTC