Announces Q4 & FY16 Results (Standalone & Consolidated), Form A (Standalone & Consolidated), Auditors Report (Standalone & Consolidated), Results Press Release & Financial Performance for the period ended March 31, 2016

• Security Code: 532927
• Company: ECLERX

eClerx Services Ltd has announced the following results for the quarter & year ended March 31, 2016:

The Audited Standalone results for the Quarter ended March 31, 2016

The Company has posted a net profit of Rs. 988.361 million for the quarter ended March 31, 2016 as compared to Rs. 486.520 million for the quarter ended March 31, 2015. Total Income has increased from Rs. 2250.130 million for the quarter ended March 31, 2015 to Rs. 3039.272 million for the quarter ended March 31, 2016.

The Audited Standalone results for the Year ended March 31, 2016

The Company has posted a net profit of Rs. 2976.445 million for the year ended March 31, 2016 as compared to Rs. 2157.661 million for the year ended March 31, 2015. Total Income has increased from Rs. 8502.532 million for the year ended March 31, 2015 to Rs. 11423.629 million for the year ended March 31, 2016.

The Consolidated Results are as follows:

The Audited Consolidated results for the Quarter ended March 31, 2016

The Group has posted a net profit after taxes, minority interest and share of profit/(loss) of associates of Rs. 1083.390 million for the quarter ended March 31, 2016 where as the same was at Rs. 531.807 million for the quarter ended March 31, 2015. Total Income is Rs. 3521.442 million for the quarter ended March 31, 2016 where as the same was at Rs. 2609.565 million for the quarter ended March 31, 2015.

The Audited Consolidated results for the Year ended March 31, 2016

The Group has posted a net profit after taxes, minority interest and share of profit/(loss) of associates of Rs. 3629.968 million for the year ended March 31, 2016 where as the same was at Rs. 2296.761 million for the year ended March 31, 2015. Total Income is Rs. 13553.710 million for the year ended March 31, 2016 where as the same was at Rs. 9745.779 million for the year ended March 31, 2015.

"The Company has acquired the entire shareholding of CLX Europe S P A a joint stock company based in Italy effective April 22, 2015 through its overseas subsidiary eClerx Investement (UK) Limited for a consideration of Euro 175.73 lacs. Accordingly, the consolidated financial results for the year ended March 31, 2016 also include the results of CLX Europe S P A for the period post acquisition and hence results are not comparative to that extent."