 Hexaware
Technologies, a leading mid-cap software company focussing
on PeopleSoft software, said it won new orders worth
$40 million during the quarter ended 31 December 2005.
The company added 10 new customers during the quarter.
The
company has given a profit guidance of $5.4 million
for the first quarter of financial year 2006 on total
revenues of $38.6 million. The guidance does not include
revenues and profits of its Indian Services Centre.
The company follows a January-December accounting period.
Hexaware
would also open the first phase of its new development
centre in Chennai by the first quarter of 2007 and would
employ around 3,000 people.
The
company has posted consolidated net profit Rs24.75 crore
for the quarter ended 31 December 2005 as compared to
Rs21.46 crore for the pervious year quarter. Total revenues
increased to Rs182.05 crore from Rs159.84 crore.
For
the full year 2005, Hexaware has posted a net profit
of Rs91.5 crore as compared to Rs 63.74 crore for the
year 2004. Total revenues increased from Rs557.53 crore
for the year 2004 to Rs693.24
crore.
Hexaware
is trading at Rs127.65 (up 3.95 per cent) at 10.45 AM
on the NSE today.
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