Moneycontrol
Last Updated : Jan 31, 2018 02:52 PM IST | Source: CNBC-TV18

Setting up for a stronger FY19: eClerx Services

eClerx Services reported a weak set of Q3 numbers. In an interview with CNBC-TV18, Rohitash Gupta, CFO of the company discussed the company’s Q3 performance.

CNBC TV18 @moneycontrolcom

eClerx Services reported a weak set of Q3 numbers. In an interview with CNBC-TV18, Rohitash Gupta, CFO of the company discussed the company’s Q3 performance.

The revenue on trajectory has been somewhat uppish in this quarter but the margins have continued to slide down, he said.

We are setting up for a stronger FY19 on the revenue terms and margin sense, he added.

We are seeing our demand pipeline to be increasing for last five quarters. Demand pattern is there and we think the conversion rates will either remain same or will improve, said Gupta.

On the buyback, he said, it is under process and we are seeking approval of regulatory authorities on that plan which totals to around Rs 258 crore, he further mentioned.

For full interview, watch accompanying video...
First Published on Jan 31, 2018 02:47 pm
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