Eclerx Services

eClerx net profit rises 115% in Q2 period

eClerx Services, a listed knowledge process outsourcing (KPO) firm, has posted 115% surge in its net profit to Rs 14.07 crore for Q2 ended September 30, 2008, thanks to huge volume growth from its existing top clients.

The company had registered net profit worth Rs 6.53 crore in the corresponding quarter last financial year.

The revenues for the latest quarter have also doubled to Rs 49.09 crore from Rs 25.25 crore year-on-year (YoY).

Eclerx Services Debuts At 18% Premium On NSE

The shares of Eclerx Services Limited (ESL) got listed on Monday (31 Dec) at Rs. 370 on the NSE, at 18% premium or up by Rs. 55 from its issue price of Rs 315.

The company provides data analytics, operations management, data audits, metrics management and reporting services for financial services, retail and manufacturing industries. The company is presently employing about 1,400 people. It was promoted by PD Mundhra and Anjan Malik.