India IT major, Hexaware Technologies has claimed that it will be growing by 7.5 per cent in the upcoming third quarter. It is sure about this since the company has seen good performance on the financial front during the second quarter.

It has also got a contract worth $200 million and was signed during the second quarter. This information was given one of the top officials of the company.

While talking to a private media agency, PTI, Chairman of Hexaware Technologies, Atul Nishar said, "We bagged two large deals in the last quarter, one of USD 110 million and another of USD 60 million. Totally, we bagged deals worth around USD 200 million, which makes us confident of growing encouragingly in the third-quarter and this fiscal as a whole."

The IT Company follows January till December as the financial year.

There was a dip in the profit of the company that closed at Rs. 14.4 crore for Q2 FY 11. It happened mostly because of the fact that the forex movements were not in favor of the company.

It was able to have revenue of Rs. 251 crore as against Rs. 221 crore last year.