Q1FY21 results: eClerx Services net profit jumps 30.05 per cent YoY

eClerx Services Ltd. ,an industry-focused specialist services firm, announced its quarterly results on August 12, 2020. The company posted a consolidated net profit of Rs 51.77 crore for Q1FY21, which increased by 30.05 per cent, as compared to Q1FY20 when it reported Rs 39.80 crore.                                                                                                                                                              

The consolidated net sales reported in Q1FY21 came in at Rs 336.55 crore, which declined by 5.12 per cent YoY from Rs 354.72 crore in Q1FY20. At EBITDA level, the company stood at Rs 81.4 crore in Q1FY21 that increased by 25.62 per cent YoY. For Q1FY20, it posted an EBITDA of Rs 64.8 crore.                                                                                                                                                             

EBITDA margin as of Q1FY21 was at 24.19 per cent that increased by 5.92 per cent YoY. The net profit margin in Q1FY21 came in at 15.38 per cent, which increased by 4.16 per cent YoY. The net profit margin in Q1FY20 was at 11.22 per cent.                                                                                                                 

The share closed with gains of 0.91 per cent at Rs 517.10 today’s session. It has a 52 week high of Rs 711.30 and a 52 week low Rs 323.15 on BSE.