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eClerx Companies Locked In 20% Higher Circuit After March Quarter Earnings

Shares of the Mumbai-based info know-how consulting and outsourcing agency eClerx Companies have been locked in a 20 per cent higher circuit at report excessive of Rs 1,617 after it introduced earnings publish market hours on Thursday. eClerx Companies’ consolidated web revenue in quarter ended March 2021 jumped 78 per cent to Rs 98.75 crore in contrast with Rs 55.39 crore throughout the identical quarter final yr. Its income from operations superior 35 per cent to Rs 473 crore versus Rs 351 crore within the yr in the past interval. 

eClerx Companies’ income in fixed forex phrases grew 31.8 per cent with sequential development of 19.3 per cent, the corporate mentioned in an alternate submitting. 

For monetary yr 2021, working income got here in at Rs 1,564.5 crore versus Rs 1,437.6 crore within the earlier monetary yr. Revenue within the fiscal 2021 got here in at Rs 282.6 crore up 35.2 per cent yearly. 

The corporate undertook regular wage increments and introduced dividend of 1 rupee per share.  

eClerx empowers the world’s largest enterprises with clever operations and Insights, offering core enterprise course of options and information analytics from its international supply centres. 

As of 1:21 pm, eClerx Companies shares have been locked in 20 per cent higher circuit with pending purchase orders of 12,960 shares. 

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