![]() Financial Daily from THE HINDU group of publications Tuesday, Dec 06, 2005 |
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Info-Tech
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Outlook Xansa's Indian operations see 16 pc rise in income Our Bureau
Chennai , Dec 5 REVENUE serviced by Xansa's Indian operations has increased by 16.1 per cent to £36.1 million over the last six months. The UK-based outsourcing and technology company's headcount in India grew by over 20 per cent in the last six months to close the half-year ended October at 3,383, according to its latest financial results. To cope with the increasing demand for offshore services, Xansa expanded capacity during the year, opening the second phase of its facility in Chennai. Its total installed single shift seat capacity is now 3,400 seats. In October, it started the construction of the second phase in Pune; the company expects to bring an additional 620 seats on stream in 2006. This investment has allowed Xansa to maintain its position as the leading UK-based supplier of offshore services to the UK market, according to a company release available on its Web site. Xansa grew its total staff numbers over the first half by 6.1 per cent to close the half-year at 6,945. Group revenues decreased by 7.2 per cent year-on-year to £175.9 million. The reduction in overall revenues was the consequence of the continuing transition of work for Xansa's private sector clients from the traditional UK delivery base to its Indian delivery centres. Against this, growth was achieved in the Government sector with revenues increasing by 31 per cent year-on-year to £26.7 million, according to the release. The Xansa Chairman, Mr Bill Alexander, said in the release: "The company has delivered a solid performance in line with the objectives set out at the start of the year. This has been achieved against a backdrop of planned transition as our India business becomes increasingly important to our existing and potential clients. We have continued to drive growth in the public sector and our joint venture with the Department of Health is showing good progress."
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