WNS (Holdings) Limited Reports 75.8% Decrease in Segment Profit for Fiscal 2024 Amid Increased Facility Costs

Reuters
13 May
WNS (Holdings) Limited Reports 75.8% Decrease in Segment Profit for Fiscal 2024 Amid Increased Facility Costs

WNS (Holdings) Limited, a leading provider of global digital-led Business Process Management services, has released its financial results for the fiscal year ending March 31, 2025. The company reported a revenue of $1,314.9 million, marking a slight decrease from the previous year's $1,323.4 million, representing a 0.6% decline. This decrease was attributed primarily to variations in currency exchange rates, with the appreciation of the pound sterling against the US dollar positively impacting operations, while the depreciation of the Australian dollar and the Euro had a negative effect. Significant investments have been made in WNS Analytics, the company's "research, data, analytics and AI" practice, aimed at enhancing digital transformation for clients and driving business growth. These investments are part of WNS's ongoing commitment to research and development, focusing on leveraging cloud-based AI/ML driven offerings and next-gen technologies. A notable operational expense increase was observed due to higher costs associated with expanding facilities and supporting employees returning to the office, leading to a 75.8% decrease in a specific item segment to ($41.3) million in fiscal 2024, compared to ($23.5) million in fiscal 2023. The company continues to focus on aligning its operations with arm's-length transfer pricing regulations for international transactions among group enterprises, which could impact tax expenses if non-compliance is determined by tax authorities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WNS (Holdings) Limited published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-118506), on May 13, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10