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WNS global services revenues up 60% to $ 165 million news
Our Infotech Bureau
06 June 2005

Mumbai: WNS Global Services, India's No.1 business process outsourcing (BPO) firm (NASSCOM-ITES rankings 2004), has today announced $165 million as revenues for the financial year 2004-05, based on US GAAP guidelines. This is a 60 per cent
growth in revenues from last year.

The company, established in 1996, is one of the pioneers in offshore business process outsourcing and currently serves clients in the travel, insurance, healthcare, and knowledge services sectors.

WNS has 7500 skilled associates at its offshore delivery centres in Mumbai, Pune, Nashik, Gurgaon (India), Ipswich (UK) and Colombo (Sri Lanka) as well as has business development and program management offices at New York, Fort Lauderale (US) and London (UK).

Commenting on the performance, Zubin Dubash, group CFO, WNS Global Services adds, "2004-05 has been a very successful year for WNS, earmarked with expansion and acquiring new medium to large customers. We will continue to expand and invest in our key lines of business to bring depth in the BPO business. With a strong pipeline of clients WNS is well placed to grow at 40% in the 2005-06 financial year."

"We see a healthy industry and a strong WNS in 2005-06. Our industry focussed broad-based BPO service model works and is distinctive. The market and our customers are increasingly recognising our industry expertise and our leadership on managing transformations covering a diverse range of business processes," says Neeraj Bhargava, group CEO, WNS Global Services.

WNS has been ranked the "best performing BPO provider" and "leader in human capital development" in the Offshore & NeoIT survey across 13 countries.

 


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WNS global services revenues up 60% to $ 165 million