eClerx Services Q4 Review - Healthy Organic Revenue Growth: ICICI Direct
An employee wears a headset while working at a call center in Kolkata. (Photograph: Taylor Weidman/Bloomberg)

eClerx Services Q4 Review - Healthy Organic Revenue Growth: ICICI Direct

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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 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.

Click on the attachment to read the full report:

ICICI Direct eClerx Company Update.pdf

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