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Investor Relations |
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eClerx’s
Q3FY08 revenue stood at Rs
34.7 crore and profit after
tax stood at Rs. 12.46 crore
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Mumbai, January 28, 2008:
eClerx Services Ltd. (ESL),
one of the first KPOs to be
listed in India, today
announced its third quarter
results for Fiscal 2008. ESL
is engaged in providing data
analytics and customized
process solutions to global
enterprise clients from its
offshore delivery centres in
India.
Consolidated financial
highlights for Q3FY08 and
nine months ended December
31, 2007 |
For period ended 31st
December '07 |
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Consolidated Financial
Results |
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Standalone Financial Results
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Revenue for the quarter
stood at Rs 34.7 crore
including other income of Rs
1.6 crore and revenue for
the nine months ended
December 31, 2007 was Rs
87.4 crore including other
income of Rs 2.9 crore |
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EBIDTA (including other
income) for the quarter was
Rs 15.6 crore and for the
nine month period ended
December 31, 2007 was Rs
37.2 crore. |
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Profit after tax in Q3FY08
stood at Rs 12.46 crore and
for the nine months ended
December 31, 2007 at Rs
29.42 crore |
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Net profit margin was 35.9%
for the quarter and 33.7%
for the nine month period
ended December 31, 2007 |
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EPS for the quarter was Rs
7.50 and for the nine month
period ended December 31,
2007 was Rs 17.70 |
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Note: As the company got
listed on December 31, 2007,
quarterly figures for the
year-ago period are not
available |
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Commenting on the
results, Mr. PD Mundhra,
Executive Director said
“During the quarter, the
business witnessed robust
growth across verticals and
we also improved margin
performance by achieving
better price realizations in
new engagements and
improving operational
efficiencies. We are also
pleased that the Igentica
integration is proceeding
smoothly. We continue to
increase our investments in
both our sales and delivery
infrastructure and we expect
the benefits of this
investment to start showing
in FY09.” |
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Business highlights |
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As on December 31 2007, the
company had 55 active
service agreements with
clients as against 22 at the
end of Fiscal 2007. 28 out
of the 55 were obtained
through the acquisition of
ITS |
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The company has taken
delivery of the Pune SEZ
during December 2007, and
the fitouts are now underway
with the facility expected
to go live by April 2008 |
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Employee base as on December
31, 2007 stands at 1422 as
against 1021 at the end of
Fiscal 2007 and 620 at the
end of Fiscal 2006 |
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Three senior personnel added
to onsite sales teams during
Q3FY08 to tap new accounts |
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Integration process of ITS
is on track, sales team of
ITS integrated into eClerx
structure and delivery teams
of ITS moved to eClerx
facilities |
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About eClerx Services
Ltd: |
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eClerx Services Ltd. (ESL)
incorporated in 2000
provides 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. ESL came with
an Initial Public Offering
of equity shares aggregating
Rs 1010 million with a face
value of Rs 10 in December
2007 with an issue price of
Rs 315. |
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For further information,
please contact: |
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Mr. Suraj Gujaran
eClerx Services Ltd.
Tel: +91 22 4094 1000
Email:
suraj.gujaran@eClerx.com |
Mr. Sarun Agarwal
Adfactors PR Pvt. Ltd.
Tel: +91 9820878113
Email:
sarun.agarwal@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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