eClerx Services Locked In 20% Upper Circuit After March Quarter Earnings

Shares of the Mumbai-based info know-how consulting and outsourcing agency eClerx Services had been locked in a 20 per cent higher circuit at file excessive of Rs 1,617 after it introduced earnings submit market hours on Thursday. eClerx Services’ consolidated web revenue in quarter ended March 2021 jumped 78 per cent to Rs 98.75 crore in contrast with Rs 55.39 crore throughout the identical quarter final yr. Its income from operations superior 35 per cent to Rs 473 crore versus Rs 351 crore within the yr in the past interval. 

eClerx Services’ income in fixed foreign money phrases grew 31.8 per cent with sequential development of 19.3 per cent, the corporate mentioned in an alternate submitting. 

For monetary yr 2021, working income got here in at Rs 1,564.5 crore versus Rs 1,437.6 crore within the earlier monetary yr. Profit within the fiscal 2021 got here in at Rs 282.6 crore up 35.2 per cent yearly. 

The firm undertook regular wage increments and introduced dividend of 1 rupee per share.  

eClerx empowers the world’s largest enterprises with clever operations and Insights, offering core enterprise course of options and knowledge analytics from its world supply centres. 

As of 1:21 pm, eClerx Services shares had been locked in 20 per cent higher circuit with pending purchase orders of 12,960 shares.