Startek India Q2 income grew by $2.6M
Business Process Outsourcing (BPO) company Startek India’s operating income has increased to US$2.6 million in the second quarter of 2021.
In an interview with PTI, Startek Global Chief Financial Office Vikash Sureka said that the company’s current rise in income is in contrast with last year’s figures where the firm has posted a loss due to the COVID-19 pandemic.
Sureka added that the outsourcing company’s “revenue grew by about 44% to US$24.07 million in the second quarter of 2021, from US$16.67 million in the same period a year ago.” Startek’s operations in India amount to 12-13% of the global revenue of the outsourcing firm.
Further, its global net revenue increased by 33% to US$189 million in Q2, compared to the US$142.2 million it recorded in the corresponding quarter of 2020.
Related news
- 400K unfilled IT jobs in Brazil forecasted by 2022 · 27 Aug
- ADB proposes solutions to avoid job loss during Industry 5.0 shift · 26 Aug
- PH HIMS sector expected to grow by 5-10% this year · 26 Aug
Disclosure: Outsource Accelerator uses AI tools in the backend of its editorial workflow. Every article is reviewed and verified by a human editor before publication.
Stay ahead of the outsourcing industry. Join thousands of business leaders who rely on Outsource Accelerator for the news, trends, and expert insights that matter. Subscribe to our free newsletter and never miss an update.
