EClerx Services Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 25, 2023 at 09:41 am EDT
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eClerx Services Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 6,931.01 million compared to INR 5,916.65 million a year ago. Revenue was INR 6,981.86 million compared to INR 6,015.66 million a year ago. Net income was INR 1,325.46 million compared to INR 1,187.59 million a year ago. Basic earnings per share from continuing operations was INR 27.05 compared to INR 23.91 a year ago. Diluted earnings per share from continuing operations was INR 26.66 compared to INR 23.44 a year ago.
For the full year, sales was INR 26,478.97 million compared to INR 21,603.45 million a year ago. Revenue was INR 27,138.48 million compared to INR 21,849.63 million a year ago. Net income was INR 4,888.2 million compared to INR 4,174.01 million a year ago. Basic earnings per share from continuing operations was INR 98.76 compared to INR 82.54 a year ago. Diluted earnings per share from continuing operations was INR 97.15 compared to INR 81.05 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.