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EXL announces its Financial results

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE ExlService Holdings Inc. has announced its financial results for the second quarter of 2012. Rohit Kapoor, VC & CEO, said, "In the second quarter, EXL generated rapid growth year-over-year as well as sequentially. As expected, our transformation practice accelerated, and achieved record quarterly revenues and gross profits. Growth was driven by strong demand for decision analytics services, particularly in the insurance and banking verticals. I am pleased to announce that we have won a new strategic account with a global bank for transformation services. The role of analytics in our organization is increasing, and differentiating us as a company.” Vishal Chhibbar, CFO, commented, "In the second quarter, EXL achieved revenues of $108.0 million, up 27% year-over-year, or 33% on a constant currency basis. Sequentially, revenues grew by 6% on a constant currency basis. During the quarter, margins expanded year-over-year...

EXL, NASSCOM Foundation in Partnership

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE ExlService Holdings Inc. has announced a partnership with NASSCOM Foundation to donate previously owned computers from its India offices to Indian non-profit organizations through NASSCOM Foundation's BiG Bridge Program. As a formal start of this partnership, EXL has donated more than 400 computers to NASSCOM Foundation. Additionally, EXL commits to disposing of end-of-life technology equipment in an environmentally friendly manner through certified e-waste handlers enlisted with NASSCOM Foundation. Rohit Kapoor, President & CEO, EXL Service said, "We are happy to have partnered with NASSCOM Foundation for our computer donation and e-waste disposal drive. As a responsible corporate citizen, EXL has a significant focus on education and environment." Shruti Jain, Chief Communications Officer & Global Head, Corporate Social Responsibility, EXL Service said, "Our joining NASSCOM Foundation's BiG Bridge program is a...