EClerx Services Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 01, 2024 at 06:20 am EST
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eClerx Services Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 7,527.59 million compared to INR 6,866.67 million a year ago. Revenue was INR 7,735.48 million compared to INR 7,045.55 million a year ago. Net income was INR 1,386.31 million compared to INR 1,311.57 million a year ago. Basic earnings per share from continuing operations was INR 28.76 compared to INR 26.41 a year ago. Diluted earnings per share from continuing operations was INR 28.22 compared to INR 26.01 a year ago.
For the nine months, sales was INR 21,590.14 million compared to INR 19,547.96 million a year ago. Revenue was INR 22,016.04 million compared to INR 20,156.62 million a year ago. Net income was INR 3,809.28 million compared to INR 3,562.74 million a year ago. Basic earnings per share from continuing operations was INR 79.08 compared to INR 71.74 a year ago. Diluted earnings per share from continuing operations was INR 77.93 compared to INR 70.55 a year ago.
eClerx Services Limited is an India-based company that is engaged in providing critical business operations services. The Company provides services to companies across financial services, cable and telecommunications, retail, fashion, media and entertainment, manufacturing, travel and leisure, software, and high-tech. It offers business process management, change management, data-driven insights, advanced analytics, and smart automation. The Company operates through three divisions: eClerx Customer Operations, eClerx Digital and eClerx Markets. eClerx Customer Operations division is engaged in providing operational service and process throughout the customer journey. The division creates solutions and services, utilizing its domain knowledge. eClerx Digital division is involved in the production, e-commerce/Web operations, and analytics and insights services. eClerx Markets division offers consulting, technological innovation, and process management solutions.