WNS reported a revenue of $134.1 million, recording an annual growth of 2.4%, at the end of June quarter
Business process management (BPM) company WNS is planning to acquire companies in the size ranging from $20-100 million to expand its service offerings.
The New York Stock Exchange listed company has revenues in excess of $500 million. Talking to FE, Keshav Murugesh, Group CEO, WNS, said, “We will look at small, niche tuck-in kind of acquisitions which will enhance our capability. WNS will look at companies which will bring in domain expertise, newer technologies or help in creating new business verticals.”
Some of the past acquisitions done by WNS include Town & Country Assistance Limited, a UK-based automobile claims handling company, Trinity Partners Inc., Marketics, BizAps, Fusion etc.
Murugesh said WNS has been making steady investments into technology which has led to automation in many of its work processes and also offering domain specific solutions to its clients. According to him, the thrust forward would be technology led growth for WNS which will delink the direct the direct correlation between revenue and headcount.
“We are building value added services which is differentiating us from the pack,” he said. WNS at the end of June quarter, 2015 reported a revenue of $134.1 million recording an annual growth of 2.4%. The net profit during this period was $12.8 million. Its adjusted operating margin for the quarter was 20%, as compared to 17.9% in Q1 of FY14.