Hexaware Tech to see one-time impact for December quarter

Chennai is the largest delivery center for Hexaware Tech and contributes 23.5% to the total global revenue.

Hexaware Technologies Ltd, a leading global provider of IT, BPO and Consulting services provided an update today on Chennai Operations. In view of the extremely heavy & incessant rainfall and subsequent flooding, Chennai operations except mission critical activities had to be suspended for 3 days. Chennai is the largest delivery center for Hexaware and contributes 23.5% to the total global revenue. Hexaware has 44% of the global strength operating out of Chennai.

This is expected to have material impact on the company's revenue in the quarter ending 31st December 2015. Additionally, the company will have a one-time impact on cost due to wide recovery efforts.