eClerx hits a new high
By
Ruma Dubey
about 3 years ago
eClerx Services, which had closed yesterday at Rs.1347.80, opened 17% higher and soon hit its 20% UC of the day and a new high at Rs.1617.35, where it now remains frozen.
The market is super enthused with its Q4FY21 performance. On a 20% (QoQ) jump in total revenue at Rs.477 crore, it posted a net profit of Rs.99 crore, up 39%.
EBITA came in at Rs.159 crore, up 31% while EBIT was up 34% at Rs.135 crore.
It’s the margins which showed a fantastic jump up – EBIT margin went up 300 bps to 28.3%
The company’s total delivery headcount as of March 31, 2021 stands at 11,831 – an increase of 40% (YoY).