eClerx Services reports 37% rise in Q1 consolidated net profit

10 Aug 2015

eClerx Services has reported results for first quarter ended June 30, 2015.

The company has reported 28.80% rise in its net profit at Rs 65.70 crore for the quarter ended June 30, 2015 as compared to Rs 51.01 crore for the same quarter in the previous year. The company’s total income has increased by 39.69% to Rs 265.35 crore for the quarter under review from Rs 189.95 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 37.13% rise in its net profit after taxes, minority interest and share of profit of associates at Rs 73.23 crore for the quarter ended June 30, 2015 as compared to Rs 53.40 crore for the same quarter in the previous year. Total income of the company has increased by 43.92% at Rs 314.19 crore for quarter under review as compared to Rs 218.31 crore for the quarter ended June 30, 2014.

The Company has acquired the entire shareholding of CLX Europe S.P.A a joint stock company based in Italy effective April 22, 2015 through its overseas subsidiary eClerx Investment (UK) for a consideration of Euro 175.73 lakhs.

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713.35 -0.95 (-0.13%) Sep 29, 12:05
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Hinduja Global Soln. 706.60
eClerx Services 713.35
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Firstsource Solution 73.55
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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