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2 clusters · 2 sources · 30 days · First seen · Last updated

Hexaware Technologies AI‑focused growth

Overview

In June 2026 Hexaware Technologies introduced the Tensai AI Ops platform, a cloud‑based solution for automated IT operations, prompting a 5 % rise in its share price. The company highlighted the platform as part of a broader push to expand its AI‑driven service portfolio.

By the end of July 2026 the firm reported Q2 FY2026 revenue of $405.4 million, a 6 % increase year‑over‑year and a 4 % rise quarter‑over‑quarter. EBIT margin improved to 13.6 %, while profit after tax slipped modestly. Headcount grew to 34,506 employees, with 708 new hires overall and 179 in the IT segment. The leadership emphasized rapid AI‑lab innovations—launching a new AI offering each month—and marked the first quarter after a major ERP go‑live as a key transformation milestone. The earnings release also noted the addition of a new customer in the $20 million‑plus revenue category.

Entities

Hexaware Technologies · Vikash Jain · R. Srikrishna · AI Labs · Mumbai

Timeline

  1. 13 days ago

    [BUSINESS] 2 sources
    Hexaware Technologies announces Q2 FY2026 revenue of $405.4 million, a 6% YoY rise

    Hexaware posted Q2 FY2026 revenue of $405.4 million, up 6% YoY, with EBIT margin at 13.6% and cash of $175 million; AI labs rolled out new offerings and ERP go‑live was completed.

  2. about 1 month ago

    [BUSINESS] 2 sources
    Hexaware Technologies launches Tensai AI Ops platform, shares rise 5%

    Hexaware Technologies introduced Tensai for Reasoning Ops, an agentic AI platform to enhance IT operations, prompting a near‑5% rise in its shares.

Sources

saobserver.com · web3wire.org