BPO firm WNS posts higher operating margin, profit in Q2
WNS (Holdings) Ltd today said it was able to sequentially expand gross margin, operating margin and profit in the second quarter.
By PTI | Updated:
MUMBAI: NYSE-listed WNS (Holdings) Ltd, a leading provider of global business process outsourcing (BPO) services, today said it was able to sequentially expand gross margin, operating margin and profit in the second quarter ended September 30 due to depreciation in the Indian rupee.
"During the second quarter, WNS' sequential revenue growth drove improved operating leverage. Combined with depreciation in the Indian rupee, the company was able to sequentially expand gross margin, operating margin and profit in the second quarter," a company statement said here.
The company's revenue-less repair payments for Q2 FY12 increased 7.6 per cent to USD 100.2 million, compared to USD 93.1 million in the same period last fiscal year, and rose sequentially 2.4 per cent from USD 97.8 million.
The increase compared to prior year period was primarily due to higher volumes in the insurance, consulting and professional services, travel & leisure, diversified businesses and utilities verticals and a stronger British pound, it said.
The sequential increase for the fiscal second quarter was driven by higher volume in the travel & leisure, consulting and professional services and utilities verticals, which was partially offset by a weaker British pound.
The company posted USD 32.9 million adjusted gross profit (excluding share-based compensation expense) as against USD 33.9 million in the same period last year.
"During the second quarter, WNS' sequential revenue growth drove improved operating leverage. Combined with depreciation in the Indian rupee, the company was able to sequentially expand gross margin, operating margin and profit in the second quarter," a company statement said here.
The company's revenue-less repair payments for Q2 FY12 increased 7.6 per cent to USD 100.2 million, compared to USD 93.1 million in the same period last fiscal year, and rose sequentially 2.4 per cent from USD 97.8 million.
The increase compared to prior year period was primarily due to higher volumes in the insurance, consulting and professional services, travel & leisure, diversified businesses and utilities verticals and a stronger British pound, it said.
The sequential increase for the fiscal second quarter was driven by higher volume in the travel & leisure, consulting and professional services and utilities verticals, which was partially offset by a weaker British pound.
The company posted USD 32.9 million adjusted gross profit (excluding share-based compensation expense) as against USD 33.9 million in the same period last year.
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