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Hexaware to Grow in Double Digits at 10-12% in 2017: Chief

February 9, 2017 Leave a comment

hexaware-1Midcap software firm Hexaware Technologies reported a 3.4 percent revenue growth in constant currency but according to the company’s chief R Srikrishna, its profitability will stay flat in the the calendar year 2017 as the margin growth will be in line with the revenue growth but the company will grow in double digits. “You should expect to see growth again in 2017 over 2016. But, it tends to be lumpy. So, I would not put a quarterly run-rate,” he said while speaking to CNBC-TV18 in an interview.

“You should expect to see growth again in 2017 over 2016. But, it tends to be lumpy. So, I would not put a quarterly run-rate,” he said while speaking to CNBC-TV18 in an interview.

According to Srikrishna, executive action can only change things to a certain extent and most things which are material to the H1B cannot be changed by executive action. “It needs legislative action and of the two bills that are there, one represents essentially Silicon Valley interests which has a little scope to go through. The other one is bipartisan, but you should know that similar bills that have not got bipartisan broader support, have not passed, he added.

Watch the exclusive footage of the interview of Hexaware CEO, R Srikrishna featuring on the show CNBC: http://www.moneycontrol.com/tv/cnbc-tv18-shows/midcap-radar-2017-02-08.html