WNS reports 31% rise in profit at $24.8 million in 2nd quarter of FY19

During the quarter ended September 30, 2018, operating margin stood at 14.5 per cent, an improvement of 190 bps over the previous quarter

Mumbai-based business process outsourcing (BPO) company WNS reported 31 per cent rise in its profit at $24.8 million in the second quarter of current financial year. Net profit grew 10 per cent in the sequential term.

The NYSE-listed company reported 6.8 per cent year-on-year growth in revenue to $199.1 million in the September quarter, while in the sequential term (compared with traling quarter), the revenue declined by 0.3 per cent.

Revenue upside was driven by healthy growth across key verticals, services, and geographies, which more than offset headwinds arising from currency movements and hedging losses, said the company.

During the