Earnings | eClerx Services Ltd. (NSE:ECLERX): Q3FY23 Results Out; Total Income rise 25% YoY

eClerx Services Ltd. (NSE:ECLERX) is a global provider of digital and business process management solutions. The company offers services in areas such as data management, analytics, automation, and digital marketing. Its clients come from a range of industries, including financial services, retail, media, and technology. eClerx has a global presence, with offices in India, the United States, the United Kingdom, Italy, and Singapore.

eClerx Services, a software and services firm, has reported its Q3FY23 results. The company’s consolidated operating revenue increased by 22.8% YoY to Rs 686.7 crore ($85.1 million) from Rs 559.2 crore ($73.4 million) in the corresponding period last year.

Total revenue including other income for the period was Rs 704.5 crore, a YoY increase of 25.0%. The EBIT for the quarter was Rs 178.5 crore, a growth of 14.5% YoY, and the profit after tax for the quarter was Rs 131.2 crore, an increase of 23.0% YoY. The total delivery headcount as of Q3FY23 was 16,697, an increase of 19.2% YoY. The basic EPS for the quarter ended Q3FY23 was Rs 26.4 compared to Rs 21.2 in the corresponding period last year (adjusted for bonus).