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Hexaware Q1 net zooms 793%
By siliconindia staff writer
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Thursday, 15 April 2004, 19:30 IST
MUMBAI: Hexaware Technologies Ltd has posted a net profit of Rs 8.04 crore for the quarter ended March 31, 2004 as compared to Rs 0.92 crore for the quarter ended March 31, 2003.
Total income has increased from Rs 30.84 crore in the MQ-03 to Rs 57.89 crore in the quarter ended March 31, 2004 .
The consolidated result as follows:
The group has posted a profit after tax of Rs 11.52 crore for the Quarter ended March 31, 2004 as compared to Rs 1.75 crore for the Quarter ended March 31, 2003 . Total Revenue has increased from Rs 66.72 crore in the MQ-03 to Rs 117.28 crore in the Quarter ended March 31, 2004 .
Guidance
Given the improved visibility of business for the rest of the year, the Company has decided to raise its revenue guidance for the financial year 2004 to $108 mn (against earlier guidance of $ 102 mn) and a PAT of $11.2 mn (earlier guidance was $10.2 mn).