Q4 2019 Eclerx Services Ltd Earnings Call Transcript
Good day, ladies and gentlemen, and a very warm welcome to the eClerx Services Limited Q4 and Full Year FY '19 Earning Conference Call. (Operator Instructions) Please note that this conference is being recorded.
I would now like to hand the conference over to Mr. Rohitash Gupta, CFO, eClerx Services Limited. Thank you, and over to you, Mr. Gupta.
Thank you. Thank you all for joining eClerx Earning Call for the Fourth Fiscal Quarter and Full Year of FY '19 Ending on 31st March 2019. I will start my prepared remarks with a full year review, and then I will cover Q4 financial performance towards the end.
eClerx completed FY '19 with USD 201 million in revenue, its highest ever with a constant currency growth of 1.4%. Thus, we continued our trajectory of growth. Operating profit declined for the year to INR 2,629 million as an increasing proportion of our business shifted towards the high-cost location.
Overall, sales for the firm, new contracts and orders were up 8% year-over-year while the
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