India 08th November 2025: Hexaware Technologies, a leading global provider of IT solutions and services, today announced financial results for the third quarter of calendar year 2025 ended Sep 30, 2025.
Revenue:
- Q3CY25: USD 394.8 Mn | INR 34,836 Mn
- USD: +3.3% QoQ and +5.5% YoY | INR: +6.8% QoQ and +11.1% YoY
- Constant Currency: +3.4% QoQ and +5.2% YoY
Profitability:
Reported EBITDA (1):
- Q3CY25: 17.5% | +30 bps QoQ and +154 bps YoY in % terms
- +5.1% QoQ and +15.6% YoY in absolute terms
Basic EPS:
- Q3CY25: INR 6.09 | -2.6% QoQ and +22.3% YoY
Key People Metrics:
- Closing Headcount: 33,590, LTM net headcount addition of 1,054
- Voluntary Attrition for IT (2): 11.4%
- Q3CY25 Utilization Rate for IT (3): 83.8%
Other Key Metrics:
- DSO (Billed + Unbilled) at 73 in Q3CY25, of which Billed is 37
- LTM Q3CY25 Reported Cash Conversion % at 79.6%
- Strong Cash and Cash Equivalents position as of Sep 30, 2025 (4): INR 20,201 Mn (USD 228 Mn) (5)
R. Srikrishna, CEO said: ” We delivered solid growth in a difficult macro. More importantly, we continue to invest in our future on several dimensions. We acquired specialist capability in IAM through CyberSolve, created a new vertical in Technology, Products and Platforms with a talented new leader, and launched multiple new domain offerings in AI.”
Vikash Jain, CFO said, “I am pleased to report an EBITDA of 17.5% for the quarter, reflecting a 30 bps improvement quarter‑on‑quarter, driven by disciplined operational efficiencies. Our strong cash generation continues, with OCF to EBITDA conversion at 80% on an LTM basis. We also welcome the CyberSolve team to the Hexaware family as we accelerate our strategic growth journey “