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INE093A01041

Hexaware Technologies Limited

Main Board

Equity

2025-01-01

2025-12-31

2025-07-24

2025-07-11

INR

Millions

Quarterly

Second quarter

Multi segment

2025-07-24

18:40:00

2025-07-24

19:44:00

true

Cash Flow Indirect

Declaration of unmodified opinion

2025-04-01

2025-06-30

Audited

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-These results have been reviewed by the Audit Committee and have been approved for issue by the Board of Directors at its meeting held on July 24, 2025. The statutory auditors have expressed an unmodified audit opinion on these results. -Other income includes write-back of earnout payable towards an earlier acquisition of INR 1587 Mn for the quarter and six months ended June 30, 2025 -Employee benefit expense includes severance costs of INR 328 for the quarter and six months ended June 30, 2025 -Other expenses includes: Specific provisions for customers of INR 782 Mn for the quarter and six months ended June 30, 2025. Acquisition related cost of INR 128 Mn for the quarter and six months ended June 30, 2025 Impairment of customer contract associated with an earlier acquisition of INR 394 Mn for the quarter and six months ended June 30, 2025. -On July 17, 2025, the Company along with its wholly owned subsidiary acquired 100% ownership interest of SMC Squared, LLC and its subsidiaries (together referred as “SMC”). The total consideration, all in cash, is estimated to be upto USD 120 million, comprising of USD 45 million upfront payout, upto USD 45 million of earnouts and upto USD 30 million outperformance earnout bonus, subject to certain customary adjustments on cash, debt and taxes. By acquiring SMC, Hexaware gains established GCC expertise, capability to extend SMC’s offerings to our broader client base, including existing Hexaware customers, enhanced value proposition by integrating SMC’s GCC setup capabilities with Hexaware’s strengths in AI, analytics, cloud transformation, modernization, and enterprise platforms. This collaboration combines SMC’s deep GCC expertise with Hexaware’s technology-led delivery model to offer world-class GCC operations and attract top-tier tech talent. We are currently in the process of finalizing the accounting for this transaction and expect to complete our preliminary allocation of the purchase consideration to the assets acquired and liabilities assumed within one year from the date of acquisition. -The results for the quarter and six months ended June 30, 2025, are available on the BSE Limited website (URL: www.bseindia.com), the National Stock Exchange of India Limited website (URL: www.nseindia.com) and on the Company’s website (URL: www.hexaware.com/investor-relations). -For other notes, refer results submitted as part of Integral filing/Outcome of the meeting.

2025-01-01

2025-06-30

Audited

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The reportable operating segments have been identified taking into account the services offered to customers globally operating in different industry segments based on management approach. The CODM evaluates the Group's performance and allocates resources based on analysis of various performance indicators. The Group's organization structure reflects the industry segmentation.

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Audited

true

BSR & Co. LLP

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2025-07-31