Q1 2025 Eclerx Services Ltd Earnings Call Transcript
Key Points
- Operating revenue for Q1 FY25 was USD 93.5 million, up 11.1% year-on-year and 1.5% sequentially.
- All three business segments showed positive quarter-on-quarter growth.
- The analytics and automation business saw both sequential and year-on-year increases.
- New deal ACV for the quarter was healthy at USD 25.7 million.
- The company received external awards and recognitions for its GenAI360 Platform, highlighting its innovation in AI.
- EBITDA for Q1 was INR 1,873 million, down 14.3% sequentially.
- PAT for the quarter was INR 1,116 million, down 14.5% sequentially.
- There was a decline in margin in Q1 due to wage hikes and the full quarter impact of management hires.
- The BPaaS business was soft due to lower transaction volumes driven by seasonality.
- Headcount growth outpaced revenue growth, leading to a drop in utilization for the quarter.
Hi, everyone. Good evening to all participants. Welcome to the Q1 FY25 earnings call of eClerx Services Limited. Please note that this webinar is will be recorded.
To take us through the results and to answer your questions, we have with us the top management of eClerx, represented by Kapil Jain, Managing Director and Group CEO; Srinivasan Nadadhur, Chief Financial Officer. We will start the call with brief opening remarks by Kapil, followed by Srinivasan, who will be sharing the financial update, and then we will open the floor for questions. As usual, I would like to remind you that anything that is said on this call that gives any outlook for the future or which can be construed as forward-looking statement must be viewed in conjunction with the risks and uncertainties that we face. These risks and uncertainties are included, but not limited to what we have mentioned in the prospectus filed with the SEBI and subsequent annual reports, which you can find on our website.
Having said that, I will now hand over the call to Kapil. Over to you, Kapil.
| 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... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
