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Investor Relations |
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eClerx’s Q1 FY09 revenue up 76% at Rs 46.03 crore and Profit after tax up 54% at Rs. 16.09 crore
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Mumbai, July 24, 2008:
eClerx Services Ltd. (ESL), the first KPO to be listed in India, today announced its first quarter results for fiscal 2009. ESL provides data analytics and customized process solutions to global enterprise clients from its offshore delivery centres in India.
Consolidated financial highlights three months ended June 30, 2008 |
For period ended 30th
June '08 |
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Consolidated Financial
Results |
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Standalone Financial Results
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Revenue for the three months ended June 30, 2008 was Rs 46.03 crore vs Rs 26.21 crore in the corresponding period last year, YoY growth of 76%. Operating revenue for the quarter was Rs 42.35 crore, YOY
growth of 62% |
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EBIDTA for the quarter ended June 30, 2008 was Rs 19.70 crore,
growth of 60% YoY |
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Profit after tax for the quarter ended June 30, 2008 at Rs 16.09 crore as compared to Rs 10.42 crore in the corresponding period last year, growth of 54% YoY |
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Net profit margin was 34.9% for the quarter ended June 30, 2008 |
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Basic EPS for the quarter ended June 30, 2008 was Rs 8.52 |
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Commenting on the
results, Mr. PD Mundhra,
Executive Director said
“During the quarter, the business continued to gain traction with our clients amidst a challenging macro-economic environment, highlighting the value customers see in our solutions. Operating revenue grew 62% YOY and 14% over previous quarter. We added 3 new clients in Q1. Our Pune facility went live in April 2008 and will ultimately have a total capacity of over 900 seats.” |
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Business highlights |
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As on June 30, 2008, the company had 54 clients as compared to 22 at the end of corresponding quarter last year |
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Pune SEZ facility became
operational from April 2008 |
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Company’s employee base as
on June 30, 2008 stands at
1797 as compared to 1154 at
the end of corresponding
quarter last year. |
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Company repaid Post Shipment credit of USD 1M taken last year. Company is now debt free. |
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About eClerx Services
Ltd: |
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We provide data analytics and customized process solutions to global enterprise clients from our offshore delivery centers in India. Our portfolio of services comprises data analytics, operations management, data audits, metrics management and reporting services. We provide service solutions using a mix of custom designed data processes, delivery teams comprising generalists and domain specialists, and in-house software to automate processes. We currently offer our services to clients in the financial services, retail and manufacturing industries. Some of our largest clients in terms of revenue contribution include leading global corporations with whom we have multi-year partnerships. |
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For further information,
please contact: |
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Mr. Suraj Gujaran
eClerx Services Ltd.
Tel: +91 22 66148332
Email:
suraj.gujaran@eClerx.com |
Madhuri Naidu
Adfactors PR
Tel: +91 22 22813565
Email:
madhuri.naidu@adfactorspr.com |
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Disclaimer:
Certain statements made in this release concerning our future growth prospects may be interpreted as forward looking statements, which involve a number of risks and uncertainties that could cause the actual results to differ materially from those in such forward looking statements. Investors are requested to use their discretion in relying on them. We do not undertake to update any forward-looking statements that may be made from time to time. |
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