WNS posted a net profit of $29.7 million for the fourth quarter ended March 31, a 21.22 per cent rise from $24.5 million recorded for the same period a year ago. This compares with a net profit of $28.6 million recorded in the sequential third quarter.

The NYSE-listed Business Process Management (BPM) firm has posted an adjusted net income of $37.8 million, up $4.9 million as compared to fourth quarter of last year and down $0.1 million from the previous quarter.

WNS has posted a net profit of $105.4 million for the 12-month period ended March 31, 2019, a 21.52 per cent rise from $86.4 million recorded for the same period a year ago. It has posted an adjusted net income of $140.4 million for the fiscal, compared with $118.4 million posted in the year-ago period. Its revenue less repair payments rose 7.1 per cent to $794 million from $741 million during the reporting year, the company said in a statement.

“We grew organic, constant currency revenue by 10 per cent, delivered adjusted operating margin of 21 per cent, grew adjusted diluted earnings per ADS by 20 per cent to $2.69, and increased net cash position by $42.3 million,” Keshav R. Murugesh, Group CEO at WNS, said. “We added 25 new clients with an average annual contract value that was 35 per cent higher than last year. We also expanded 59 existing relationships, the largest number in WNS history,” he added.

WNS has a total employee count of 39,898, of which the Indian headcount stood at 25,498 as of March 31, 2019. In FY19, the company trained nearly 18,000 employees, which is nearly half of its global workforce, in domain expertise, to develop leadership skills and create a digital-ready workforce.

rajesh.kurup@thehindu.co.in

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