Hexaware Tech posts loss of Rs 72.91 cr in Q4

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New Delhi, Feb 21 (UNI) Hexaware Technologies Ltd today said it has posted a loss of Rs 72.91 crore for the quarter ended December 31, 2007 as compared to a profit of Rs 42.81 crore for the same period a year ago.

Total income has also decreased five per cent to Rs 134.29 crore for Q4 FY07 as against Rs 141.37 crore for the same quarter a year earlier.

The company registered a loss of Rs 10.76 crore for the year ended December 31, 2007 as compared to profit of Rs 118.66 crore a year ago.

Total income, however, increased 7.37 per cent to Rs 495.74 crore for FY07 as against Rs 461.70 crore for FY06.

The Group posted a loss of Rs 81 crore for the quarter ended December 31, 2007 as compared to profit of Rs 33.75 crore for the same quarter a year ago.

The Group's income, however, increased 7.05 per cent to Rs 266.46 crore for Q4 FY07 as against Rs 248.89 crore for the same quarter a year earlier.

The Group's net profit stood at Rs 7.22 crore for the year ended December 31, 2007 as compared to Rs 124.23 crore a year ago, declining 94.18 per cent.

Its total income, however, increased 22.46 per cent to Rs 1,068.67 crore for FY07 from Rs 872.62 crore for the year ended December 31, 2006.

UNI SR AM SK KP1331

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