Hexaware's constant-currency revenue growth missed estimates, while EBIT declined 8.5% sequentially and margins contracted 140 basis points. Kotak Neo and Jefferies flagged delayed deal ramp-ups, weaker growth guidance and wage pressures, with both cutting earnings estimates and valuation targets.
Hexaware's constant-currency revenue growth missed estimates, while EBIT declined 8.5% sequentially and margins contracted 140 basis points. Kotak Neo and Jefferies flagged delayed deal ramp-ups, weaker growth guidance and wage pressures, with both cutting earnings estimates and valuation targets.
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