Hexaware CEO R Srikrishna says enterprise AI spending has shifted from pilots to detailed roadmaps, driven by expectations of near-term returns. He argues that AI model providers moving into services won’t displace large IT firms because transformation still needs specialized implementation. In the post-AI era, he says customer trust will decide who wins.
Hexaware Technologies reported Q1 CY26 net profit up 7.5% to about Rs 351.6 crore, beating street estimates. Revenue climbed 12.6% year-on-year to Rs 3,613 crore, led by strong demand in Europe and the banking sector. The company also reiterated its full-year revenue growth guidance of 7.6%.
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