WNS has posted an 11 per cent rise in adjusted net income at $38 million in the third quarter ended December 31, 2018, compared with $34.2 million posted in the year-ago period. The NYSE-listed business process management (BPM) company had posted a net income of $33.7 million in the second quarter of this fiscal.

For this quarter, the company posted revenues (less repair payments) of $195.9 million, up 5.8 per cent from $185.2 million in the third quarter of last year. The company has posted revenues of $195.5 million in the sequential second quarter of the fiscal, it said in a statement.

WNS has a total employee count of 38,892, of which the Indian headcount stood at 24,739 as of December 31, 2018.

“In the fiscal third quarter, WNS continued to deliver solid financial performance across revenue, margins, profits and cash flow. Third-quarter net revenue grew six per cent yearon year (nine per cent on constant currency basis), and adjusted operating margin expanded to 23 per cent,” Keshav R. Murugesh, Group CEO at WNS, said.

“In this quarter alone, WNS added four new clients, expanded six existing client relationships, and renewed 16 contracts,” he added.

The company’s third-quarter revenue stood at $199.7 million, a 5.9 per cent rise from that of year-ago quarter, and its profit rose to $28.6 million (versus $26.3 million in the third quarter of last year).

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