eClerx Services shares drop 10% as Q2 net profit slips 1.5% despite revenue growth
eClerx Services shares fell about 10% after Q2 FY27 results: revenue rose 18.3% but consolidated net profit declined 1.5% year on year.
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what happened
According to Moody's, shares of India's eClerx Services fell sharply on Thursday, sliding nearly 13% at one point during intraday trade. At 1:50 pm local time on the BSE, the stock was 10% lower at Rs 1,681 apiece. The decline followed second-quarter FY27 results that the company released after the market closed on Wednesday.
Operating revenue from the business process management and data analytics firm reached Rs 1,188.7 crore, up 18.3% from Rs 1,004.9 crore a year earlier. Consolidated net profit, however, slipped to Rs 180.4 crore from Rs 183.2 crore, a 1.5% drop. Basic earnings per share came in at Rs 19.63 versus Rs 19.50 a year earlier. Net profit did rise 9.8% from Rs 164.3 crore in the June quarter.
For the first half of FY27, revenue grew 20.3% to Rs 2,382.9 crore, and net profit for the six months rose 6.1% to Rs 344.7 crore.
why it matters
The market reacted negatively to the gap between faster revenue growth and a lower annual profit, which often points to weaker profitability. For investors, net profit rather than sales volume appears to have driven the sell-off.
market impact
eClerx Services: profit decline despite revenue growth pressures the company's shares
- eClerx Services shares pressure down — the market reacted to lower net profit despite higher revenue
tags
instruments
sources
- eClerx Services Shares Slide 10% After Q2 Profit Declines 1.5% YoY — Moody's, 29 October 2026 at 13:02 UTC
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