WNS Q4 profit grows 21%, FY19 revenue crosses $800 mn

Bengaluru: WNS reported a near 21% growth in net profit to $29.7 million for the quarter ending March 31, 2019 on revenues of $210.5 million. The NYSE-listed business process management (BPM) reported a net profit of $24.5 million on revenues of $202.7 million during the year-ago period.

WNS posted 6.8% growth in FY19 revenue to $809 million on the back of higher organic growth and client addition with higher annual contract value during the financial year.

The company’s revenue less repair payments stood at of $206.6 million, up 4.2% from $198.2 million during the corresponding period. Revenue less repair payments for the fiscal stood at $794 million.


WNS guided 8-13% or 7-13% growth for FY20 and the revenue less repair payments is expected to be between $854 million and $900 million.

“We grew organic, constant currency revenue by 10%, delivered adjusted operating margin of 21%, grew adjusted diluted earnings per ADS by 20% to $2.69, and increased net cash position by $42.3 million. We added 25 new clients with an average “annual contract value” that was 35% higher than last year,” said Keshav Murugesh, Group CEO, WNS.