Business Profile
eClerx provides data analytics and customized process solutions to global enterprise clients. It was originally incorporated as a private limited company on March 24, 2000 and converted to a public limited company with the present name on Aug. 28, 2007.
The company`s portfolio of services comprises data analytics, operations management, metrics management, data audits and reporting services. It provides service solutions using a mix of custom-designed data processes, delivery teams comprising generalists and domain specialists, and in-house software to automate processes. Current customer programs include online marketing support, global program for price monitoring and analytics, financial contract risk management, online bookstore build, catalogue management services, and user manual content development. Services are rendered to clients in the financial services, retail and manufacturing industries.
The development centers of the company are located in Fort, Sewri and Ghatkopar, all in Mumbai. The company was rated among the Top 20 companies to watch by Business Today magazine in the last three years, amongst a list that included some of the largest Indian companies. It is an active member of industry bodies such as the PPS, Internet Retailer and ISDA. In 2007, the company launched DTCC warehousing support for global banks, which allows banks to move legacy trades to DTCC`s Trade Information Warehouse (TIW) streamlining operational procedures around their historic credit portfolios while reducing their operational risk.
The company has its operations in India, UK, USA and Ireland. The registered and corporate office of the company is located at Sonawalla Building, First Floor, 29 Bank Street, Fort, Mumbai-400023.
Financials
The company announced rise of 2.98% in consolidated net profit on y-o-y basis to Rs 304.13 million, while total income increased 24.58% y-o-y basis to Rs 1.22 billion for the quarter ended March 2012.
Recent Developments
13-APR-12
eClerx Services, through its wholly owned subsidiary eClerx Investments has announced the acquisition of Agilyst, a niche operational and analytics company serving the US Media industry for an undisclosed amount. eClerx has signed definitive agreement with Agilyst.
24-JAN-12
eClerx Services has posted consolidated net profit after minority interest of Rs 499.48 million for the quarter ended Dec. 31, 2011 as compared to Rs 359.81 million for the quarter ended Dec. 31, 2010, representing an increase of 38.82%.
19-OCT-11
eClerx Services has posted consolidated net profit of Rs 442.44 million for the quarter ended September 30, 2011 as compared to Rs 276.09 million for the quarter ended September 30, 2010, representing a increase of 60.25%.
18-MAY-11
eClerx Services has posted a net profit of Rs 295.33 million for the quarter ended Mar. 31, 2011 as compared to Rs 242.34 million for the quarter ended Mar. 31, 2010, reflecting rise of 21.87%.
28-MAR-11
Credit rating agency, CRISIL Equities has assigned a CRISIL IER fundamental grade of 4/5 (pronounced four on five) to eClerx Services (eClerx). The grade indicates that the company`s fundamentals are `superior` relative to other listed equity securities in India.
21-OCT-10
eClerx Services, India`s first publicly-listed KPO today announced its consolidated results for first half of fiscal 2011. Profit after tax (PAT) for the half year ended Sep. 30, 2010 was Rs 569 million compared with Rs 280 million in the corresponding period in the previous year, a growth of 2.03 times YoY.
21-OCT-10
eClerx Services announced a surge of 71.79% in standalone net profit on y-o-y basis to Rs 272.27 million, while net sales rose 31.84% y-o-y basis to Rs 821.65 million for the quarter ended September 2010.
07-JUL-10
eClerx Services today announced that it hasstarted operations from today at its new delivery centre situated at Mindspace-Airoli , Kalwa Trans Thane Creek Industrial Area, MIDC, Thane (Airoli Facility).
Future Plans
The company will use the proceeds from the initial public offering (IPO) for fund acquisitions, infrastructure investments, and to set up additional facilities.
eClerx provides data analytics and customized process solutions to global enterprise clients. It was originally incorporated as a private limited company on March 24, 2000 and converted to a public limited company with the present name on Aug. 28, 2007.
The company`s portfolio of services comprises data analytics, operations management, metrics management, data audits and reporting services. It provides service solutions using a mix of custom-designed data processes, delivery teams comprising generalists and domain specialists, and in-house software to automate processes. Current customer programs include online marketing support, global program for price monitoring and analytics, financial contract risk management, online bookstore build, catalogue management services, and user manual content development. Services are rendered to clients in the financial services, retail and manufacturing industries.
The development centers of the company are located in Fort, Sewri and Ghatkopar, all in Mumbai. The company was rated among the Top 20 companies to watch by Business Today magazine in the last three years, amongst a list that included some of the largest Indian companies. It is an active member of industry bodies such as the PPS, Internet Retailer and ISDA. In 2007, the company launched DTCC warehousing support for global banks, which allows banks to move legacy trades to DTCC`s Trade Information Warehouse (TIW) streamlining operational procedures around their historic credit portfolios while reducing their operational risk.
The company has its operations in India, UK, USA and Ireland. The registered and corporate office of the company is located at Sonawalla Building, First Floor, 29 Bank Street, Fort, Mumbai-400023.
Financials
The company announced rise of 2.98% in consolidated net profit on y-o-y basis to Rs 304.13 million, while total income increased 24.58% y-o-y basis to Rs 1.22 billion for the quarter ended March 2012.
Recent Developments
13-APR-12
eClerx Services, through its wholly owned subsidiary eClerx Investments has announced the acquisition of Agilyst, a niche operational and analytics company serving the US Media industry for an undisclosed amount. eClerx has signed definitive agreement with Agilyst.
24-JAN-12
eClerx Services has posted consolidated net profit after minority interest of Rs 499.48 million for the quarter ended Dec. 31, 2011 as compared to Rs 359.81 million for the quarter ended Dec. 31, 2010, representing an increase of 38.82%.
19-OCT-11
eClerx Services has posted consolidated net profit of Rs 442.44 million for the quarter ended September 30, 2011 as compared to Rs 276.09 million for the quarter ended September 30, 2010, representing a increase of 60.25%.
18-MAY-11
eClerx Services has posted a net profit of Rs 295.33 million for the quarter ended Mar. 31, 2011 as compared to Rs 242.34 million for the quarter ended Mar. 31, 2010, reflecting rise of 21.87%.
28-MAR-11
Credit rating agency, CRISIL Equities has assigned a CRISIL IER fundamental grade of 4/5 (pronounced four on five) to eClerx Services (eClerx). The grade indicates that the company`s fundamentals are `superior` relative to other listed equity securities in India.
21-OCT-10
eClerx Services, India`s first publicly-listed KPO today announced its consolidated results for first half of fiscal 2011. Profit after tax (PAT) for the half year ended Sep. 30, 2010 was Rs 569 million compared with Rs 280 million in the corresponding period in the previous year, a growth of 2.03 times YoY.
21-OCT-10
eClerx Services announced a surge of 71.79% in standalone net profit on y-o-y basis to Rs 272.27 million, while net sales rose 31.84% y-o-y basis to Rs 821.65 million for the quarter ended September 2010.
07-JUL-10
eClerx Services today announced that it hasstarted operations from today at its new delivery centre situated at Mindspace-Airoli , Kalwa Trans Thane Creek Industrial Area, MIDC, Thane (Airoli Facility).
Future Plans
The company will use the proceeds from the initial public offering (IPO) for fund acquisitions, infrastructure investments, and to set up additional facilities.
