eClerx Services Ltd (BOM:532927)
₹ 2382.85 12.35 (0.52%) Market Cap: 114.88 Bil Enterprise Value: 104.02 Bil PE Ratio: 22.84 PB Ratio: 5.11 GF Score: 99/100

Q3 2020 Eclerx Services Ltd Earnings Call Transcript

Jan 30, 2020 / 11:30AM GMT
Release Date Price: ₹418.97 (-5.68%)
Operator

Good day, ladies and gentlemen, and welcome to the Q3 FY '20 Earnings Conference Call of eClerx Services Limited. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Rohitash Gupta from eClerx Services Limited. Thank you, and over to you, Mr. Gupta.

Rohitash Gupta
eClerx Services Limited - CFO

Thank you, Margaret. Good evening. I welcome you all to eClerx earnings call for the third fiscal quarter of FY '20 ending December 2019. eClerx completed Q3 with USD 51.8 million in revenue at constant currency growth of about 3% both on sequential as well as Y-o-Y basis. Our onshore business grew strongly at about 15.8% constant currency Y-o-Y, whereas offshore business dipped marginally by about 0.1% Y-o-Y, and that was despite uptick in FTE pricing during the year.

Analytics and managed services have maintained double-digit growth on a year-over-year basis. The offshore roll-offs continued in line with the past trend, however, they were concentrated towards the calendar year-end,

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot