Hot Pursuit     03-Nov-21
eClerx Services spurts after Q2 PAT climbs 10% QoQ to Rs 101 cr
eClerx Services surged 10% to Rs 2360.50 after the company's consolidated net profit rose 10.34% to Rs 100.74 crore on 7.61% increase in net sales to Rs 523.25 crore in Q2 September 2021 over Q1 June 2021.
On a consolidated basis, EBITDA rose 6.66% quarter-on-quarter to Rs 166.6 crore in Q2 September 2021. EBITDA margin stood at 31.7% in Q2 September 2021 as against 31.6% in Q1 June 2021.

The company's operating revenue for the quarter ended 30 September 2021 was Rs 523.25 crore compared with Rs 360.79 crore in the corresponding period last year, YoY increase of 45%.

In USD terms, operating revenue increased by 43.1% to $69.3 million as against $48.5 million in the corresponding period last year. Q2 YoY constant currency (CC) growth is 42.2%; QoQ CC growth is 7.6%.

Total revenue including other income for the period was Rs 525 crore, YoY increase by 45.7%.

EBIT for the period is Rs 141.4 crore, a growth of 60.5% YoY. Profit after tax for the quarter ended 30 September 2021 was Rs 100.74 crore compared with Rs 61 crore in the corresponding period in the previous year, an increase of 65.17% YoY.

Total cash and cash equivalents stood at Rs 805.20 crore for Q2 FY22 as against Rs 726.80 crore for Q1 FY22. Net operating cash flow in Q2 FY22 was Rs 140.40 crore compared with Rs 74.40 crore in Q1 FY22. Capex during Q2 FY22 is Rs 9 crore versus Rs 17.10 crore in Q1 FY22.

The total delivery headcount as of 30 September 2021 stands at 13,469, an increase of 60% YoY.

eClerx Services is an industry-focused specialist services firm managing and improving complex data-driven processes.

Previous News
  eClerx Services fixes record date for buyback of shares
 ( Market Beat - Reports 16-Dec-22   09:54 )
  eClerx Services consolidated net profit rises 25.00% in the September 2022 quarter
 ( Results - Announcements 11-Nov-22   08:36 )
  eClerx Services consolidated net profit rises 20.26% in the March 2022 quarter
 ( Results - Announcements 25-May-22   08:24 )
  eClerx Services consolidated net profit rises 76.38% in the June 2021 quarter
 ( Results - Announcements 14-Aug-21   07:59 )
  eClerx Services hits the roof as board to mull buyback terms
 ( Hot Pursuit - 15-Sep-21   10:54 )
  eClerx Services to announce Quarterly Result
 ( Corporate News - 10-Aug-24   14:01 )
  eClerx Services consolidated net profit declines 24.22% in the June 2018 quarter
 ( Results - Announcements 07-Aug-18   15:24 )
  eClerx Services Ltd Slips 1.16%
 ( Hot Pursuit - 27-Dec-19   09:45 )
  eClerx Services announces board meeting date
 ( Corporate News - 02-Nov-19   13:38 )
  eClerx Services to conduct board meeting
 ( Corporate News - 08-Mar-19   11:45 )
  eClerx Services AGM scheduled
 ( Corporate News - 11-Aug-23   10:39 )
Other Stories
  Avantel Q2 PAT jumps 42% YoY to Rs 23 cr
  05-Oct-24   17:03
  Equitas SFB total deposits jump 29% YoY in Q2 FY25
  05-Oct-24   16:28
  Ujjivan SFB total deposits rises 17% in Q2 FY25
  05-Oct-24   15:34
  L&T Finance retail disbursements jump 12% YoY in Q2 FY25
  05-Oct-24   14:31
  Bandhan Bank records over 21% YoY jump in loan book during Q2 FY25; deposits at Rs 1.42 lakh crore
  05-Oct-24   13:32
  Lupin's Pune-based biotech facility gets 5 observations from US FDA
  05-Oct-24   13:20
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
Back Top