Hexaware Technologies higher by over 7%

Hexaware Technologies Ltd has reported standalone net profit of Rs. 38.55 crore for the quarter ended June 30, 2009, down from Rs. 20.28 crore for the quarter ended March 31, 2009. Net sales for the June quarter was Rs. 121.04 crore compared with Rs. 120.06 crore for the March quarter.

Hexaware's standalone net profit for the half year ended June 30, 2009 was Rs. 58.83 crore on net sales of Rs. 241.10 crore.

On consolidated basis, the company posted a net profit of Rs. 39.50 crore for the quarter to June 30, 2009 versus Rs. 17.30 crore for the quarter to March. Net sales for the June quarter stood at Rs. 259.06 crore against Rs. 264.31 crore for the quarter to March.

Hexaware consolidated net profit for the half year June 2009 was Rs. 56.80 crore and net sales Rs. 523.36 crore.

Shares of the company were higher by over 7% at Rs 64.50 on NSE.