eClerx Services at new high
By
Ruma Dubey
about 3 years ago
eClerx Services, which had closed yesterday at Rs.2145.90, opened higher at Rs.2350 and went on to hit a new high at Rs.2474.75.
The company posted a strong set of earnings for Q2Fy22. Its consolidated net profit rose 10% (QoQ) to Rs.101 crore on an 8% rise in net revenue at Rs.523 crore.
EBITDA was up 7% at Rs.167 crore while margins came in flat at 31.7% v/s 31.6%
In US$, operating revenue rose 43% to $69.3 million and Q2 constant currency (CC) growth is 8%.
Total cash and cash equivalents stood at Rs 805.20 crore v/s Rs.727 crore.
The total headcount at end of Q2 stood at 13,469, an increase of 60% (YoY).