eClerx’s Q1 FY12 Revenue Up 28%
(Thursday, July 28, 2011 1:52:00 PM)


--Press Release

Thursday, July 28, 2011: eClerx Services Ltd. (eCx), India’s first publicly-listed KPO and a Forbes “200 Best Under a Billion” company, today announced its results for Q1 of fiscal 2012. eClerx provides data analytics and customized process solutions to global enterprise clients from its offshore delivery centres in India. Commenting on the results, Mr. P.D. Mundhra, Executive Director said “We had satisfactory Q1. Revenue and profit grew significantly - by 28% and 20% respectively.”
Consolidated financial highlights for the quarter ended June 30, 2011

· Operating revenue for the quarter ended June 30, 2011 was Rs 99.6 crore vs Rs 77.1 crore in the corresponding period last year, YoY growth of 29%. In USD terms, operating revenue grew by 33% to USD 22.3 Million as compared to USD 16.8M in the same period last year. Total revenue including other income for the period was Rs 106.9 crore, YoY growth of 28%.

· Operating profit for the quarter was Rs 36.7 crore, a growth of 37% YoY.

· Profit after tax for the quarter ended June 30, 2011 was Rs 35.2 crore compared with Rs 29.3 crore in the corresponding period in the previous year, a growth of 20% YoY.

· Basic EPS for the quarter ended June 30, 2011was Rs 12.2 as compared to Rs 10.3 in the corresponding period last year.

· The total headcount as of June 30, 2011 stands at 4,015 – a growth of 29% YoY.