eClerx Services Limited — Updates, 29-01-2025: Press Release

**Financial Highlights:** eClerx reported an operating revenue of INR 853.8 crore for Q3 FY25, reflecting a year-over-year increase of 13.4%. In USD, the revenue stood at $100.7 million, up 11.2%. Total revenue, including other income, reached INR 875.2 crore, marking a 13.1% growth compared to the previous year. EBIT was INR 192.3 crore, a slight decline of 1.1% YoY, while net profit decreased by the same percentage to INR 137.1 crore. Basic EPS improved to INR 29.2 from INR 28.8.

**Strategic Initiatives and Growth Drivers:** The company increased its delivery headcount to 18,514, a 9.2% rise YoY, indicating expansion in its operational capacity to meet growing client demands.

**Business Developments:** eClerx continues to strengthen its position in business process management, automation, and analytics, catering to leading enterprises across various sectors, enhancing its market presence.

**Market Position and Competitive Advantage:** With a robust growth trajectory and a diverse client portfolio, eClerx maintains a competitive edge in the services sector, positioning itself favorably for upcoming opportunities.

**Investor Implications:** The company's consistent growth in revenue and headcount suggests a positive outlook. Investors should note potential risks stemming from declining profit margins but could see growth from strategic expansions.