eClerx Q3 profit surges 39% YoY; revenue surpasses ₹850 crore

eClerx Services Ltd posted a strong December quarter, aided by higher client spending and operational leverage. The company’s net profit (PAT) rose 39.4% year-on-year (YoY) to ₹191 crore versus ₹137 crore in the

year-ago period (Q3 FY25).

Operating revenue grew 25.3% YoY to ₹1,070 crore, compared with ₹853.8 crore a year earlier, while total income came in at ₹1,100.4 crore against ₹874.3 crore YoY.

On the operating front, Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) increased 33.3% YoY to ₹276.1 crore, up from ₹207 crore a year earlier. The EBITDA margin improved to 25.8%, versus 24.3% in the corresponding quarter last year, reflecting tighter cost controls and higher productivity.

eClerx Services Ltd is a global business process management (BPM) company specialising in data analytics, automation, change management, and knowledge process outsourcing (KPO) services. It primarily serves Fortune 500 clients across industries like financial services, cable & telecom, retail, fashion, media & entertainment, manufacturing, travel & leisure, software, and high-tech.

Total expenses in the quarter stood at ₹850.3 crore, up from ₹690.3 crore YoY.

Breaking down the cost structure, employee benefits expense accounted for the largest share at ₹654 crore, followed by other expenses at ₹116.9 crore, depreciation and amortisation at ₹46.3 crore, cost of technical subcontractors at ₹23.6 crore, and finance costs at ₹9.9 crore, indicating a people-intensive delivery model typical of IT and digital operations services firms.

Sequentially, the company also saw a marginal uptick, with PAT improving from ₹183 crore in Q2 FY26 and total income rising from ₹1,032 crore.

For the nine months ended December 2025, PAT stood at ₹516.8 crore compared to ₹388.7 crore in the prior period, while total income rose to ₹3,081.1 crore, up from ₹2,522.1 crore YoY.

The company, in a separate exchange filing, informed that its board approved a 1:1 bonus issue. Post-bonus, issued and paid-up equity share capital will double from ₹47.03 crore to ₹94.05 crpre, while authorised capital stays at ₹100 crore. The issue will use ₹47.03 crore from retained earnings, which stood at ₹1,377.72 crore as of 31 March 2025.

Shares of eClerx Services ended the day 0.7 % higher at ₹4,444 on the NSE.