Srikrishna to build on 2024 momentum for a great CY25
Hexaware Technologies (NSE: HEXT) said it has secured one customer in the US$100+ million category and 4 customers in the US$20+ million category in calendar year 2024, which boosted CY24 revenue of US$1,428.9 million, up 13.7% on the year.
CY24 PAT was US$140.1 million, up 16.2% on year, said the Mumbai-listed company with businesses across Americas, Europe and Asia Pacific.
“Revenue growth reflects the strength of Hexaware’s foundations: putting clients first, creating a home for great talent, and using platforms for real impact. We look forward to building on this momentum for a great CY25,” said R Srikrishna, CEO and Executive Director, Hexaware.
“CY24 performance underlines the resilience of our business model. We clocked strong revenue growth of 13.7% YoY,” added Vikash Jain, CFO, Hexaware.
Key wins were:
Modernizing workflows and user interfaces by replacing Appian with AWS cloud-native solutions and implementing ServiceNow ITSM for a large secondary mortgage provider in the US.
GenAI-based legacy modernization project using our proprietary GenAI model to extract business rules and blueprint the application to a new technology stack for a major airline in the US.
Infrastructure operations with AI-first transition to mitigate operational risks and enhance service quality for a global supply chain management and logistics services company in the US.
Digital banking implementation and maintenance for a large bank in Southeast Asia.
Cybersecurity services for a UK-based global provider of financial markets data and infrastructure https://www.cybersecurityworldasia.com/.
Redesigning and rebuilding the eDiscovery platform and workflow, leveraging our AI-driven platform engineering and product road-mapping expertise for a global leader in eDiscovery, document review, risk management, and legal consulting services, said Hexaware which. Fiinews.com
