ECLERX SERVICES LTD, a company engaged in BPO and KPO operations has come out with encouraging set of numbers in Q1 of 2021-22
Sales for the the quarter stand at Rs. 344 Crores as against Rs. 272 Crores (Up 26%) from last year while it is up 4% from last quarter.
Net profits stand at Rs. 82 Crores as against Rs. 50 Crores (Up 64%) from last year while it is up 5% from last quarter profits of Rs. 78 crores.
As a result, the TTM EPS now stands at Rs. 78 discounting the CMP of Rs. 2281 by 29 times.
The recent results in last few quarters are showing signs of reversal of trends in sales which were flat and net profits which were declining.