HomeNewsBusinessEarningsSee continued stress on revenues in first half of FY17: eClerx

See continued stress on revenues in first half of FY17: eClerx

eClerx's EBITDA margins in the fourth quarter of FY16 rose 480 basis points to 41 percent quarter-on-quarter owing to the depreciation of the Indian rupee.

May 23, 2016 / 13:53 IST
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Some short-term projects of eClerx had come to an end in FY16. This led to revenues remaining almost flat across the last few quarters of FY16. This stress, says Rohitash Gupta, Chief Financial Officer, eClerx, may continue in the first half of FY17.The company's EBITDA margins in the fourth quarter of FY16 rose 480 basis points to 41 percent quarter-on-quarter owing to the depreciation of the Indian rupee.The company's main aim now is to promote organic growth.Watch video for more...

first published: May 23, 2016 12:23 pm

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