Datamatics posts 34% net profit growth
India’s global IT and business process management (BPM) firm Datamatics Global Services said its net profit for the three months ended June 30 was up 34 per cent to Rp216 million (US$3.1 million). Datamatics earlier acquired RJ Globus Solutions Inc, a customer support services provider headquartered in the Philippines. The company said the acquisition further enables Datamatics to meet the growing demand of its customers, and increase its market presence. During the quarter, the US continued to contribute significantly to the company’s revenue, taking up 6% of the total, while contributions from Europe, India and Rest of World stood at 18%, 14%, and 6%, respectively. The company added 12 new customers during the reported period. Headquartered in Mumbai, the company has presence across six countries with major delivery centers in the USA, India and the Philippines, with an employee base of 10,000.
Read more at BW Businessworld.
Related news
- The Outsourcing Week in Review: Wednesday, August 22, 2018 · 22 Aug
- To combat competition from the Philippines, India proposes BPO roadmap · 16 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.
