Hexaware Technologies

Hexaware reported Q1 CY26 revenue of $389MCurrent reported value: $389M. No comparable prior figure is available in the source record., roughly flat sequentially, with volume growth of $3M offset by $3M in calendar/furlough headwinds. EBIT margin improved 570 bps sequentiallyCurrent reported value: 570 bps sequentially. No comparable prior figure is available in the source record. to 13%, driven by forex tailwinds and operational improvements, though normalized EBIT was flat. Management highlighted strong deal wins, including a large global bank consolidation phase two and a fab-based manufacturer AI deal, underpinning a 7.6% floor growthCurrent reported value: 7.6% floor growth. No comparable prior figure is available in the source record. reaffirmation. AI-driven differentiation in SDLC and IT operations is driving pipeline momentum, with 12 new revenue opportunities identified. Margins are expected to improve through H2, exiting higher than the full-year 13-14% range. Key risk: the GSC client consolidation may remain a drag through the year, with no growth expected from that account until next year.