WNS Q1 net revenue rises 7.9% to $211.6 mn, adjusted net income at $37.6 mn

Operating margin in the first quarter was 16.6 per cent, as compared to 12.6 per cent in Q1 of last year and 15.3 per cent in the previous quarter

Mumbai-based BPM major WNS announced their first quarter result on Thursday with net revenue at $211.6 million, up 7.9 per cent year-on-year (Y-o-Y) from $196.0 million and up 2.4 per cent from $206.6 million sequentially. The constant currency growth has been at 11.2 per cent year-on-year.

The company clocked an adjusted net income (ANI) at $37.6 million, compared to $30.9 million in Q1 of last year and $37.8 million in Q4. The adjusted operating margin in Q1 was 22.8 per cent, as compared to 18.8 per cent reported in the same quarter of fiscal 2019.

Sequentially, profit decreased as a