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Rank - 56 : Hexaware Technologies

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DQI Bureau
New Update

The recession and multi-currency volatility caused dip in revenues leading to

Hexaware going out of the DQ Top50 Club, but it still managed a 127% increase in

net profits, increase in operating margins from 8.2% to 16.9% and a reduced SG&A

despite strengthening focus on verticals and horizontals (in CY09). Capital

markets (40%) and travel & transport (25%) still led the show, with healthcare

(5%) too coming up, following the tie-up with Medilink (for the BPO arm Caliber

Point). Hexaware acquired the remaining stake from its JV partner Pemtrad

International, to convert RiskTech into a wholly owned subsidiary.

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Rank - 56 : Neoteric Informatique

FACTSHEET

l CEO: PR Chandrasekar l Start-up

Year: 1990 l Products & Services: Software product development and BPO

services



l Address: 152 Millennium Business Park, Sector III, TTC Industrial Area,
Mahape, Navi Mumbai 400 710 l Employees: 5,304 l Tel: 022 6791 9595 l Fax:

022 6791 9623 l Website: www.hexaware.com

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