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Drop in Hexaware Q2 net profit

CHENNAI: Hexaware has reported a gross revenue of Rs. 284.49 crore for the second quarter ended June 30, 2008 against Rs. 266.95 crore in the first quarter ended March 31, 2008. The net profit after tax has declined to Rs. 9.52 crore from Rs. 20.86 crore in the previous quarter. According to a release, the company booked new orders worth $40 million in the second quarter. — Corporate Reporter

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