The stock slipped 9% to Rs 453 on the BSE after the company reported a flat EBITDA margin at 15.6% in June 2018 quarter. Shares of Hexaware Technologies have slipped 9% to Rs 453 per share on the BSE after the information technology (IT) company reported a flat EBITDA margin at 15.6% in June 2018 quarter (Q2CY18). The company has reported year on year (YoY) margin decline from 16.2% in Q2CY17. The company’s consolidated net profit during the quarter up 14% at Rs 1.53 billion in Q2CY18 against Rs 1.34 billion in Q1CY18.
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