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ICICI Direct Report
eClerx Services Ltd. reported healthy Q4 FY21 revenue, up 19.3% QoQ (in constant currency terms) and 19.7% QoQ in reported terms.
Out of this, organic growth was 6.3% QoQ and rest was through acquisition of Personiv.
Ebit margins improved 295 basis points to 27.6% mainly led by lower sales and distribution expenses and higher gross margins.
Profit after tax increased 39% QoQ to Rs 98.8 crore. The company has proposed a dividend of Rs 1/share.
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