e-Clerx Services Share Price Falls Nearly 12% After Q2 FY27 Results

Written by: Team Angel OneUpdated on: 29 Oct 2026, 5:59 pm IST

e-Clerx Services Q2 FY27 revenue rises 17.1% year-on-year, while first-half revenue reaches ₹2,382.9 crore, up 20.3% from last year.

eClerx Services reported total revenue of ₹1,212.6 crore for Q2 FY27, up 17.1% from the corresponding quarter last year. The company announced its results on October 28, 2026, for the quarter ended September 30, 2026.

Operating revenue increased to ₹1,188.7 crore from ₹1,004.9 crore, a year-on-year rise of 18.3%. Operating revenue in US dollar terms stood at $127.7 million, compared with $115.5 million in Q2 FY26.

On a quarter-on-quarter basis, operating revenue grew 3.2% from ₹1,152.4 crore in Q1 FY27. Total revenue was up from ₹1,170.2 crore in the June quarter.

Net Profit Rises 9.8% Sequentially

Net profit increased to ₹180.4 crore in Q2 FY27 from ₹164.3 crore in the previous quarter. EBITDA rose 8.8% to ₹307.9 crore from ₹283.1 crore, while operating EBITDA increased to ₹283.9 crore from ₹265.2 crore.

The overall EBITDA margin stood at 25.4%, compared with 24.2% in Q1 FY27. The operating EBITDA margin increased to 23.9% from 23%. Earnings before interest and tax (EBIT) rose to ₹252.1 crore from ₹233.5 crore, with the margin moving from 20% to 20.8%.

April-September Performance

For the first half of FY27, total revenue rose 20.3% year-on-year to ₹2,382.9 crore. Net profit increased 6.1% to ₹344.7 crore, while operating revenue grew 20.7% to ₹2,341 crore.

Basic earnings per share for the September quarter was ₹19.63, against ₹19.50 in the same quarter last year.

Employee Headcount

eClerx had 23,151 employees in delivery roles at the end of September 2026, up 8.7% from a year earlier. Its overall workforce stood at around 23,300 employees across 17 countries.

As of October 29, 2026, 11:44 am, eClerx Services share price was trading at ₹1,648.10, an 11.69% decrease from the previous closing price.

Conclusion

eClerx Services reported higher revenue than a year earlier, while net profit and operating margins improved over the previous quarter. First-half revenue and profit also remained above the levels recorded in the corresponding period last year.

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Published on: Oct 29, 2026, 12:29 PM IST

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