eClerx Services Ltd has announced a robust performance for the fiscal year ended March 31, 2026. The company reported a significant 22.6% increase in total revenue to INR 4,217.4 crore, driven by strong quarterly results. Net profit for the year rose by 30.5%, underscoring solid operational efficiency. The company also declared a proposed dividend of INR 1 per share and completed a 1:1 bonus issue during the final quarter.
Annual Financial Performance
For the fiscal year FY26, eClerx achieved an operating revenue of INR 4,117.0 crore, marking a 22.3% year-on-year growth compared to INR 3,365.9 crore in the previous year. In USD terms, operating revenue reached $468.9 million, representing a 17.9% growth. Profit after tax saw a substantial increase, climbing to INR 7,062 million (30.5% YoY growth). Reflecting this strong performance, the company’s Basic EPS rose to INR 76.2 for the year.
Q4 FY26 Results Highlights
The final quarter, ending March 31, 2026, maintained this positive momentum. Operating revenue for the quarter stood at INR 11,073 million, a 3.5% increase quarter-on-quarter. Total revenue reached INR 11,354 million. Profitability remained healthy, with an EBITDA of INR 3,121 million, reflecting an EBITDA margin of 27.5%. The company also noted a 0.5% constant currency growth sequentially during this period.
Strategic Updates and Workforce
Operational health remains a core focus, with the company maintaining a robust delivery team of 22,639 employees as of the end of FY26, reflecting a 16.9% increase over the previous year. The company continues to see strong client concentration, with top 10 clients contributing 59% to the revenue. Additionally, the company is managing its currency risk with $265.5 million in outstanding hedges, while preparing for wage increments effective from April 1, 2026.
Source: BSE
