HomeNewsBusinessEarningseClerx aims for 30% margin; eyes digital biz, inorganic growth

eClerx aims for 30% margin; eyes digital biz, inorganic growth

eClerx Services posted weak earnings in the third quarter of the current fiscal, missing estimates for the fourth straight quarter. CFO Rohitash Gupta says this was due to a downward pressure due to which the earnings were poor.

February 09, 2017 / 14:56 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

eClerx Services is aggressively looking for digital business opportunities, and strongly pursuing inorganic growth, Chief Financial Officer Rohitash Gupta told CNBC-TV18. The company reported weak earnings in the third quarter of the current fiscal, missing earnings estimates for the fourth staright quarter. Multiple headwinds led to weak earnings but he hopes to retain 30 percent margins in FY17 and FY18, Gupta said. The performance over the next couple of quarters will be in the range similar to the quarter gone by, he says. Post that, a modest growth is possible. Watch video for more.

first published: Feb 9, 2017 02:56 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!