WNS Q2 revenues up 8.9% to $134.1 million

WNS said its revenues rose 8.9 percent to $134.1 million in the second quarter of 2014.

Profit of WNS in Q2 grew 64.5 percent to $15.3 million.

During Q2, WNS finalized its contract extension with Aviva, added 5 new clients and signed its third large deal of the year.

Global headcount of the company was 27,734 as of September 30, 2014.

Revenue was adversely impacted by the transition of a large online travel agency (OTA) client to another OTA pursuant to a strategic marketing agreement, and pricing and productivity headwinds from a five plus year contract extension with Aviva.

Keshav Murugesh, chief executive officer at WNS, said: “As we move forward, the company will remain focused on improving our sales force productivity, including the addition of new client logos and the expansion of existing relationships.”

WNS said its revenue less repair payments is expected to be between $500 million and $516 million, up from $471.5 million in fiscal 2014.

ANI is expected to range between $83 million and $87 million, up from $72.4 million in fiscal 2014.

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