Puria expects capital expenditures of US$65m
WNS is continuing to aggressively invest in digitally-led solutions including AI and Generative AI, says CEO Keshav Murugesh in FY 24 report.
The company, he said, remains committed to driving strong operational and financial execution, investing for the future, and generating long-term sustainable business value for all of stakeholders.
Despite significant headwinds and a weak macro environment in fiscal 2024, WNS grew full year constant currency revenue less repair payments by 9.9%, delivered industry-leading adjusted operating margins of 21.5%, and grew adjusted diluted earnings per share by 13.5%.
WNS https://www.wns.com/ is providing guidance for the fiscal year ending 31 March 2025, as follows:
Revenue less repair payments is expected to be between US$1,293 million and US$1,357 million, up from US$1,284.3 million in fiscal 2024. Guidance assumes an average GBP to USD exchange rate of 1.27 versus 1.26 in fiscal 2024.
WNS’ Chief Financial Officer Sanjay Puria said, “Our guidance for the full year reflects growth in revenue less repair payments of 1% to 6% on a reported basis, and 0% to 5% on a constant currency basis.
“For the year, we continue to expect capital expenditures https://www.meity.gov.in/ of up to $65 million,” Puria said in report release on 25 Apr 2024.
Performance details:
FY24 Revenue of US$1,323.4 million, up 8.1% from US$1,224.3 million in fiscal 2023; Profit of US$140.1 million, compared to US$137.3 million in fiscal 2023. Fiinews.com
