BPM firm WNS posts solid Q1 performance
NYSE-listed WNS has posted a net profit of USD30.9 million for the first quarter ended June 30 a 30.9% rise from USD23.6 million posted during the comparable period last year. The company also posted a net profit of USD33 million in the fourth quarter of its last financial year. WNS has a total of 38,227 employees based at 55 sites in 13 countries, including the Philippines. The company’s revenue (less repair payments) rose 11.8% to USD196 million, compared with USD175.3 million during the first quarter of last year, and was down 1.1% from USD198.2 million for last quarter, the company said in a statement. Keshav Murugesh, WNS’s Chief Executive Officer, said the company is increasingly deploying technology and automation in its solutions, and working to attract, retain and retrain its human resources.