eClerx reports strong Q1 revenue and margin growth

eClerx Services Limited reported strong Q1 FY26 results with operating revenue reaching $109.2 million, up 4.2% sequentially and 17.1% year-over-year. EBITDA margin stood at 24.8%, while PAT margin was 15%.

Analytics and Automation grew 6% sequentially, outpacing overall firm growth. Growth was broad-based across all verticals, excluding Fashion and Luxury, which remained weak due to U.S. market underperformance and weakness in China.

The company operationalized its Lima delivery center, with Cairo set to go live in Q2.