Hexaware Technologies Ltd on Tuesday, February 24, announced that it has expanded its collaboration with Amazon Web Services (AWS) to roll out artificial intelligence-enabled software development lifecycle (SDLC) solutions for enterprises.
The IT services firm said the initiative builds on its existing strategic collaboration agreement with AWS and is aimed at accelerating cloud adoption, application modernisation and AI-led transformation for clients.
Hexaware will integrate its AI-driven software engineering platform RapidX with Kiro, an agentic integrated development environment, to help companies move from prototype to production-ready code in a more structured manner.
“Our clients want releases they can trust, even as they adopt AI in development,” Sanjay Salunkhe, President & Global Head – Digital and Software Services at Hexaware, said.
The company said the offering is designed to reduce time-to-market, improve developer productivity and modernise legacy applications without increasing operational risk.
Solutions will be deployed within customer AWS environments, with private large language model options available through Amazon Bedrock, it added.
Earlier this month, the company’s shares took a tumble, falling nearly 10% on February 5, after it posted weak earnings for the December quarter, with revenue declining sequentially and margins missing estimates.
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The company’s constant currency revenue fell 1.4% from the previous quarter, in line with what was anticipated by the Street.
For Q4CY25, dollar revenue declined 1.5% QoQ to $389 million from $394.8 million, while rupee revenue slipped 0.2% to ₹3,478.2 crore from ₹3,483.6 crore.
EBITDA margin improved to 17.1% from 15.9%, while PAT rose to ₹1,368.3 crore from ₹1,174 crore.
The management commented that he expects business growth to improve after the first quarter of calendar year 2026.
Hexaware Technologies CEO and Executive Director R Srikrishna attributed the poor quarter to seasonal factors, client spending cuts, and furloughs.
Shares of the company closed at ₹484.55 apiece, 3.81% down today, February 24.
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