25 Jun 2019 | 10:23 PM

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COMPANYNEWS
eClerx Services Q4 net profit up 3.45% at Rs 56.44 cr
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Published on 05-23-2019
The company reported standalone net profit of Rs 56.44 crore for the quarter ended March 31 2019 as compared to Rs 54.56 crore in the same period last year registering a year-on-year growth of 3.45 per cent.


Net revenue of the company rose marginally by 1.36 per cent at Rs 292.70 crore in January-March quarter of this fiscal as against Rs 288.77 crore in the corresponding period last year.


During January-March quarter operating expenses dropped by 2.24 per cent to Rs 223.54 crore from Rs 228.67 crore in year ago period.


Other Income dipped by 27.15 per cent at Rs 12.34 crore versus (Mar`18 Rs 16.94 crore).


Operating Profit surged by 15.07 per cent to Rs 69.16 crore as against Rs 60.10 crore in the year ago period while Operating Profit Margin (OPM) expanded year-on-year to 13.55 per cent in March quarter.


Taxation increased by 8.32 per cent at Rs 17.18 crore (Mar`18 Rs 15.86 crore).