eClerx Services  - Healthy Growth In Revenues Continues In Q3: ICICI Direct
An employee wears a headset while working at a call center in Kolkata. (Photograph: Taylor Weidman/Bloomberg)

eClerx Services  - Healthy Growth In Revenues Continues In Q3: ICICI Direct


BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

eClerx Services Ltd. reported healthy Q3 FY21 revenues, up 9.5% QoQ (in constant currency terms) and 9.9% QoQ in reported terms mainly led by growth in North America (up 9.9% QoQ) and Europe (up 9.9% QoQ).

Ebit margins improved 20 basis points to 24.7% mainly led by lower general and administrative expenses partially offset by higher selling and distribution expenses.

Net profit increased 16.5% QoQ to Rs 71 crore.

Click on the attachment to read the full report:

ICICI Direct eClerx Company Update.pdf


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