Mumbai, January 28, 2010: eClerx Services Ltd. (eCx), India’s first publicly-listed KPO and a Forbes “200 Best Under a Billion” company, today announced its results for the third quarter of fiscal 2010. eClerx provides data analytics and customized process solutions to global enterprise clients from its offshore delivery centres in India.

Consolidated financial highlights for the quarter ended December 31, 2009

• Operating revenue for quarter ended December 31, 2009 was Rs 69.1 crore vs Rs 51.6 crore in the corresponding period last year, YoY growth of 34%. In USD terms, operating revenue grew by 42% to USD 14.9 Million as compared to USD 10.5M in the same period last year. Total revenue including other income for the period was Rs 67.0 crore, YoY growth of 39%.
• Operating profits for the quarter are Rs 26.0 crore, a growth of 22% YoY.
• Profit after tax for the quarter ended December 31, 2009 was Rs 21.3 crore compared with Rs 16.2 crore in the corresponding period in the previous year, a growth of 31% YoY.
• Basic EPS for the quarter ended December 31, 2009 was Rs 11.2 as compared to Rs 8.6 in the corresponding period last year.
• The total headcount as on December 31, 2009 stands at 2,577 growth of 45% YoY.

Commenting on the results, Mr. PD Mundhra, Executive Director said, "We are very pleased with our first nine months FY 10 performance. During the period operating revenue and profit of the Company grew by 30% and 41% respectively. Our current facilities are near optimal utilization levels and we will be building the foundation for our next leg of growth by taking on lease a new 44,100 square feet SEZ facility, with an option on another 44,100 square feet."

About eClerx Services Ltd
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 - 2 - contribution include leading global corporations with whom we have multi-year partnerships.