Hexaware Q4FY07 net loss at Rs 81cr

* All unauthorised foreign exchange option contracts cancelled. No carryover in 2008

* Order book for 2008 stands at $210 mn; 40% higher than the CY‘07 order book

* Added a record 66 new clients in 2007 of which 19 belong to Fortune 500

* 11 clients bill in excess of $5 million revenue on a trailing twelve month basis

* Total headcount crossed 7,000; CY07 ends at 7,068

Hexaware Technologies today reported a net loss (consolidated) of Rs 81.003 crore for the fourth quarter ended December 31, 2007. Revenue from operations was Rs 259.179 crore - a YoY increase of 22.1% in $ terms, and 7.9% in rupee terms, and Q-o-Q increase of 4.1% in $ terms and 1.8% in rupee terms.

For the year ended December 31, 2007, the company reported a net profit of Rs 7.229 crore. Revenue from operations stood at Rs 1,0,39.803 crore - YoY increase of 35.1% in $ terms and YoY increase of 22.6% in rupee terms.

Giving its outlook for the current fiscal, the company is expecting revenue for Q1CY08 to be between $66.5-67.5 million and CY08 top line to be between $310-315 million.