BPO firm WNS (Holdings) Ltd today said it has added over 1,500 employees taking the global headcount to 31,340 as on December 31, 2015.
"During the December quarter, we have added over 1,500 employees, with headcount crossing the milestone level of 30,000, globally. Hiring was primarily in support of the three large accounts which will be ramping up over the next few quarters," WNS CEO Keshav Murugesh said in a statement here.
The company remains focused on investing in the areas of domain expertise, automation, analytics and digitisation to meet the evolving needs of its clients, and to strengthen its differentiated positioning in the BPM marketplace.
WNS added 5 new clients in the quarter and expanded six existing relationships, he said.
The NYSE-listed firm, reported revenue less repair payments in the fiscal third quarter was USD 135.9 million, representing a 5.9 per cent increase as compared to the third quarter of last year and a 1.9 per cent increase from the previous quarter.
Excluding exchange rate impacts, constant currency revenue less repair payments in the fiscal third quarter grew 10.4 per cent as compared to Q3 of last year, and 3.7 per cent sequentially.
Adjusted net income (ANI) in the fiscal third quarter was registered at USD 26.4 million, up USD 1.3 million as compared to Q3 of last year and down USD 0.7 million from the previous quarter.
Third quarter ANI margin was 19.4 per cent, as compared to 19.6 per cent in Q3 of last year, and 20.3 per cent reported last quarter.
The company's year-over-year, fiscal Q3 revenue less repair payments was impacted by continued depreciation in the British pound, Australian dollar, South African rand and Euro against the US dollar, the release said.
WNS has updated guidance for the fiscal year ending March 31, 2016. As per the guidance, revenue less repair payments is expected to be between USD 528 million and USD 532 million, up from USD 503 million in fiscal 2015.
ANI is expected to range between USD 99 million and USD 101 million versus USD 92.3 million in fiscal 2015, the release said.
WNS combines industry best practices and proprietary tools
and methodologies to improve end-client satisfaction and reduce operational costs, while streamlining processes through continuous improvements and technology optimization. WNS has over 2,000 professionals with backgrounds in Pharma and Healthcare, including pharmacists, doctors, certified clinical specialists, researchers and analytics professionals.
This HfS Research Blueprint: Pharmaceuticals Industry-Specific BPO Blueprint, looks at the evolution of Pharma BPO to "As-a-Service"-a market that is increasingly agile, collaborative, and consumer-centric. HfS considers this transition in outsourcing a move to the As-a-Service Economy, placing increasing value on diverse talent, analytics, and collaboration, as well as increasingly on platform-based services. The report includes a comparative analysis of the innovation and execution capabilities of service providers in this market. The service providers in scope are multi-national, multi-functional service providers with industry-specific pharmaceuticals business process support capability in their portfolio.
About WNS
WNS (Holdings) Limited (NYSE: WNS), is a leading global business process management company. WNS offers business value to 200+ global clients by combining operational excellence with deep domain expertise in key industry verticals including Travel, Insurance, Banking and Financial Services, manufacturing, Retail and Consumer Packaged Goods, Shipping and Logistics, Healthcare and Utilities.
As of June 30, 2016, WNS had 32,448 professionals across
42 delivery centers worldwide including China, Costa Rica, India, Philippines, Poland, Romania, South Africa, Sri Lanka, United Kingdom and the United States. For more information, visit www.Wns.Com.
Safe Harbor Provision
This document includes information which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events. Factors that could cause actual results to differ materially from those expressed or implied are discussed in our most recent Form 20-F and other filings with the Securities and Exchange Commission. WNS undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Media Contact Details
David Mackey, Corporate SVP - Finance & Head of Investor Relations, WNS (Holdings)
Limited, +1 (201) 942-6261 , david.Mackey@wns.Com Archana Raghuram, Head - Corporate Communications, WNS (Holdings) Limited, +91 (22)
40952397 , archana.Raghuram@wns.
