WNS Limited
(NYSE:WNS)

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through two segments, WNS Global BPM and WNS Auto Claims BPM. It offers industry-specific services to clients primarily in insur...

Website: http://www.wns.com

Founded: 1996

Full Time Employees: 41,466

Sector: Industrials

Industry: Specialty Business Services

Industrials

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Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-04-25	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-10-20	2022-09-30	2022-08-08	2022-07-21	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-10-15	2015-09-30	2015-07-24	2015-07-16	2015-06-30	2015-04-23	2015-03-31	2015-01-23	2015-01-15	2014-12-31	2014-10-23	2014-10-16	2014-09-30	2014-07-23	2014-07-17	2014-06-30	2014-03-31	2014-01-21	2014-01-15	2013-10-18	2013-10-16	2013-09-30	2013-06-30	2013-04-17	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-07-14	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-05-21	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-05-07	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2007-02-13	2006-09-30	2006-08-21	2006-06-30	2006-02-13

revenue	353,794,000	336,257,000	332,963,000	322,607,000	323,115,000	336,800,000		326,200,000	333,890,000	326,501,000		306,900,000	307,100,000	307,099,000	295,348,000	295,300,000	295,348,000		284,100,000	273,600,000	253,250,000	243,892,000	238,370,000	222,580,000	207,800,000		239,200,000	226,200,000	214,600,000		199,700,000	199,100,000	199,800,000		188,600,000	186,500,000	180,100,000	159,372,000	145,436,000	149,800,000	148,000,000	142,649,000	144,360,000	141,000,000	141,039,000	134,132,000	134,100,000	134,132,000	132,900,000	132,858,000	135,955,000	136,000,000	127,143,000	134,075,000	134,100,000	134,075,000	131,004,000	131,000,000	131,004,000	130,253,000	127,143,000	127,100,000	123,079,000	123,100,000	123,079,000	122,100,000	119,200,000		120,200,000	113,076,000	107,814,000	113,333,000	117,228,000	117,898,000	159,477,000	125,663,000					126,433,000																86,590,000			101,999,000
yoy	9.49%	-0.16%		-1.10%	-3.23%	3.15%		6.29%	8.72%	6.32%		3.93%	3.98%		3.96%	7.93%	16.62%		19.18%	22.92%	21.87%		-0.35%	-1.60%	-3.17%		19.78%	13.61%	7.41%		5.89%	6.76%	10.94%		29.68%	24.50%	21.69%	11.72%	0.75%	6.24%	4.94%	6.35%	7.65%	5.12%	6.12%	0.96%	-1.36%	-1.37%	4.53%	-0.91%	1.38%	1.44%	-2.95%	2.35%	2.36%	2.93%	3.04%	3.07%	6.44%	5.81%	3.30%	4.10%	3.25%		2.40%	7.98%	10.56%		2.54%	-4.09%	-32.40%	-9.81%
qoq	5.22%	0.99%	3.21%	-0.16%	-4.06%			-2.30%	2.26%			-0.07%	0.00%	3.98%	0.02%	-0.02%			3.84%	8.04%	3.84%	2.32%	7.09%	7.11%			5.75%	5.41%			0.30%	-0.35%			1.13%	3.55%	13.01%	9.58%	-2.91%	1.22%	3.75%	-1.19%	2.38%	-0.03%	5.15%	0.02%	-0.02%	0.93%	0.03%	-2.28%	-0.03%	6.97%	-5.17%	-0.02%	0.02%	2.34%	0.00%	-0.00%	0.58%	2.45%	0.03%	3.27%	-0.02%	0.02%	0.80%	2.43%			6.30%	4.88%	-4.87%	-3.32%	-0.57%	-26.07%	26.91%
cost of revenue	237,221,000	216,297,000	216,408,000	207,277,000	209,443,000	214,800,000		208,900,000	210,217,000	210,965,000		198,100,000	203,000,000	203,016,000	198,396,000	198,400,000	198,396,000		187,500,000	180,800,000	170,159,000	158,533,000	150,334,000	137,917,000	140,400,000		150,000,000	142,100,000	133,500,000		125,200,000	129,000,000	132,900,000		124,400,000	125,500,000	124,700,000	107,411,000	97,535,000	99,700,000	98,700,000	92,249,000	93,818,000	90,500,000	90,493,000	88,800,000	88,800,000	88,800,000	86,800,000	86,818,000	85,113,000	85,100,000	81,669,000	84,545,000	84,500,000	84,545,000	86,239,000	86,200,000	86,239,000	81,925,000	81,669,000	81,700,000	79,689,000	79,700,000	79,689,000	84,400,000	81,400,000		80,800,000	75,325,000	73,438,000	78,212,000	82,098,000	85,231,000	125,785,000	95,410,000	126,110,000	121,520,000	120,990,000	123,227,000	93,678,000	109,644,000	113,956,000	116,139,000	99,509,000	99,887,000	99,887,000	97,030,000	114,912,000	98,487,000	88,786,000	91,862,000	92,468,000	90,206,000	85,157,000	81,250,000	153	37,430,000	37,430,000
gross profit	116,573,000	119,960,000	116,555,000	115,330,000	113,672,000	121,900,000		117,300,000	123,673,000	115,536,000		108,900,000	104,100,000	104,083,000	96,952,000	97,000,000	96,952,000		96,600,000	92,800,000	83,091,000	85,359,000	88,036,000	84,663,000	67,400,000		89,200,000	84,100,000	81,100,000		74,500,000	70,100,000	66,900,000		64,100,000	61,000,000	55,400,000	51,961,000	47,901,000	50,100,000	49,300,000	50,400,000	50,542,000	50,500,000	50,546,000	45,332,000	45,300,000	45,332,000	46,000,000	46,040,000	50,842,000	50,800,000	45,474,000	49,530,000	49,500,000	49,530,000	44,765,000	44,800,000	44,765,000	48,328,000	45,474,000	45,500,000	43,390,000	43,400,000	43,390,000	37,700,000	37,800,000		39,300,000	37,751,000	34,376,000	35,121,000	35,130,000	32,667,000	33,692,000	30,253,000	33,367,000	31,131,000	33,169,000	26,737,000	32,755,000	33,961,000	35,158,000	36,908,000	37,186,000	32,626,000	32,626,000	36,980,000	34,885,000	24,457,000	27,335,000	23,783,000	23,110,000	22,317,000	25,514,000	20,749,000	19,253,000	15,596,000	15,596,000	20,749,000
yoy	2.55%	-1.59%		-1.68%	-8.09%	5.51%		7.71%	18.80%	11.00%		12.27%	7.37%		0.36%	4.53%	16.68%		9.73%	9.61%	23.28%		-1.30%	0.67%	-16.89%		19.73%	19.97%	21.23%		16.22%	14.92%	20.76%		33.82%	21.76%	12.37%	3.10%	-5.23%	-0.79%	-2.47%	11.18%	11.57%	11.40%	9.88%	-1.54%	-10.90%	-10.76%	1.16%	-7.05%	2.71%	2.56%	1.58%	10.56%	10.58%	2.49%	-1.56%	-1.54%	3.17%	11.35%	4.80%	20.69%	14.79%		10.41%	-0.14%	9.96%		11.87%	15.56%	2.03%	16.09%	5.28%	4.93%	1.58%	13.15%	1.87%	-8.33%	-5.66%	-27.56%	-11.92%	4.09%	7.76%	-0.19%	6.60%	33.40%	19.36%	55.49%	50.95%	9.59%	7.14%	14.62%	20.03%	43.09%	63.59%	0.00%
qoq	-2.82%	2.92%	1.06%	1.46%	-6.75%			-5.15%	7.04%			4.61%	0.02%	7.36%	-0.05%	0.05%			4.09%	11.68%	-2.66%	-3.04%	3.98%	25.61%			6.06%	3.70%			6.28%	4.78%			5.08%	10.11%	6.62%	8.48%	-4.39%	1.62%	-2.18%	-0.28%	0.08%	-0.09%	11.50%	0.07%	-0.07%	-1.45%	-0.09%	-9.44%	0.08%	11.71%	-8.19%	0.06%	-0.06%	10.64%	-0.08%	0.08%	-7.37%	6.28%	-0.06%	4.86%	-0.02%	0.02%	15.09%	-0.26%			4.10%	9.82%	-2.12%	-0.03%	7.54%	-3.04%	11.37%	-9.33%	7.18%	-6.14%	24.06%	-18.37%	-3.55%	-3.40%	-4.74%	-0.75%	13.98%	0.00%	-11.77%	6.01%	42.64%	-10.53%	14.94%	2.91%	3.55%	-12.53%	22.96%	7.77%	23.45%	0.00%	-24.83%
gross margin %	32.95%	35.68%	35.01%	35.75%	35.18%	36.19%	NaN%	35.96%	37.04%	35.39%	NaN%	35.48%	33.90%	33.89%	32.83%	32.85%	32.83%	NaN%	34.00%	33.92%	32.81%	35.00%	36.93%	38.04%	32.44%	NaN%	37.29%	37.18%	37.79%	NaN%	37.31%	35.21%	33.48%	NaN%	33.99%	32.71%	30.76%	32.60%	32.94%	33.44%	33.31%	35.33%	35.01%	35.82%	35.84%	33.80%	33.78%	33.80%	34.61%	34.65%	37.40%	37.35%	35.77%	36.94%	36.91%	36.94%	34.17%	34.20%	34.17%	37.10%	35.77%	35.80%	35.25%	35.26%	35.25%	30.88%	31.71%	NaN%	32.70%	33.39%	31.88%	30.99%	29.97%	27.71%	21.13%	24.07%	Infinity%	Infinity%	Infinity%	Infinity%	25.91%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	22.23%	Infinity%	Infinity%	20.34%
operating expenses:
selling and marketing expenses	20,885,000	19,962,000	20,075,000	21,334,000	21,540,000	19,300,000		20,300,000	18,754,000	19,970,000		16,200,000	16,000,000	15,953,000	14,238,000	14,200,000	14,238,000		14,200,000	14,000,000	11,854,000	12,877,000	12,202,000	12,109,000	12,400,000		13,000,000	12,200,000	12,400,000		10,900,000	11,300,000	11,100,000		10,600,000	10,300,000	9,000,000	9,040,000	7,868,000	8,000,000	7,700,000	7,446,000	7,935,000	8,000,000	8,028,000	7,435,000	7,400,000	7,435,000	7,500,000	7,520,000	7,673,000	7,700,000	8,863,000	8,222,000	8,200,000	8,222,000	7,658,000	7,700,000	7,658,000	9,485,000	8,863,000	8,900,000	9,042,000	9,000,000	9,042,000	7,800,000	7,800,000		7,800,000	7,219,000	7,448,000	6,273,000	6,446,000	6,988,000	5,883,000	6,629,000
general and administrative expenses	55,669,000	43,177,000	44,444,000	45,256,000	45,666,000	44,600,000		45,600,000	46,502,000	46,965,000		42,200,000	43,100,000	43,146,000	40,380,000	40,400,000	40,380,000		37,100,000	36,200,000	36,296,000	34,468,000	31,328,000	28,611,000	31,900,000		33,500,000	32,700,000	30,000,000		28,200,000	27,900,000	27,900,000		28,300,000	31,300,000	27,500,000	27,264,000	21,465,000	22,100,000	20,900,000	20,767,000	19,711,000	20,400,000	20,383,000	18,043,000	18,000,000	18,043,000	17,900,000	17,918,000	18,843,000	18,800,000	13,135,000	17,045,000	17,000,000	17,045,000	16,207,000	16,200,000	16,207,000	14,243,000	13,135,000	13,100,000	13,029,000	13,000,000	13,029,000	15,000,000	14,200,000		15,100,000	15,180,000	12,649,000	12,956,000	12,521,000	13,118,000	15,267,000	12,749,000
foreign exchange loss	-1,771,000	-972,000	-267,000	416,000																-1,400,000									-800,000		-1,900,000	-1,900,000	-1,300,000		-4,400,000	-4,400,000	-4,800,000	-2,207,000	-6,161,000	-2,500,000	-100,000				-3,609,000	-1,753,000	-1,800,000		-3,400,000				3,280,000		-700,000		1,305,000		1,305,000	2,741,000	3,280,000	3,300,000	4,609,000	4,600,000	4,609,000	500,000			2,100,000
amortization of intangible assets	8,687,000	7,480,000	7,066,000	7,008,000	6,918,000	7,000,000		8,600,000	8,688,000	8,725,000		6,500,000	5,300,000	5,273,000	2,986,000	3,000,000	2,986,000		2,900,000	2,800,000	2,873,000	3,326,000	3,347,000	3,329,000	3,700,000		4,000,000	3,900,000	3,900,000		3,900,000	4,000,000	3,900,000		3,900,000	3,700,000	3,900,000	2,929,000	4,129,000	7,200,000	6,300,000	6,221,000	6,339,000	6,500,000	6,466,000	6,172,000	6,200,000	6,172,000	6,000,000	6,018,000	6,026,000	6,000,000	5,823,000	6,048,000	6,000,000	6,048,000	6,100,000	6,100,000	6,100,000	5,946,000	5,823,000	5,800,000	5,813,000	5,800,000	5,813,000	6,200,000	6,700,000		6,600,000	6,505,000	6,599,000	7,083,000	7,005,000	7,548,000	7,957,000	7,840,000	7,957,000	7,951,000	7,922,000	7,980,000	8,012,000	8,053,000	8,088,000	8,081,000	8,200,000	8,012,000	8,012,000	7,419,000	8,012,000	1,469,000	664,000	897,000	479,000	829,000	455,000	490,000	480,000	471,000	471,000	490,000
operating income	33,103,000	50,313,000	45,237,000	41,316,000	38,573,000																																																																								4,303,000	2,978,000	5,593,000	-823,000	7,624,000	3,125,000	6,486,000	6,729,000	8,220,000	7,495,000	7,495,000	10,659,000	5,569,000	4,793,000	5,254,000	5,109,000	-11,616,000	6,766,000	8,778,000	6,286,000	6,697,000	4,995,000	4,995,000	6,286,000
yoy	-14.18%																																																																												-43.56%	-4.70%	-13.77%	-112.23%	-7.25%	-58.31%	-13.46%	-36.87%	47.60%	56.37%	42.65%	108.63%	-147.94%	-29.16%	-40.15%	-18.72%	-273.45%	35.46%	75.74%	0.00%
qoq	-34.21%	11.22%	9.49%	7.11%																																																																									44.49%	-46.75%	-779.59%	-110.79%	143.97%	-51.82%	-3.61%	-18.14%	9.67%	0.00%	-29.68%	91.40%	16.19%	-8.77%	2.84%	-143.98%	-271.68%	-22.92%	39.64%	-6.14%	34.07%	0.00%	-20.54%
operating margin %	9.36%	14.96%	13.59%	12.81%	11.94%	0%	NaN%	0%	0%	0%	NaN%	0%	0%	0%	0%	0%	0%	NaN%	0%	0%	0%	0%	0%	0%	0%	NaN%	0%	0%	0%	NaN%	0%	0%	0%	NaN%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	NaN%	0%	0%	0%	0%	0%	0%	0%	0%	Infinity%	Infinity%	Infinity%	-Infinity%	6.03%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	7.73%	Infinity%	Infinity%	6.16%
other income	-3,499,000	-20,763,000	-17,270,000	-8,575,000	-3,857,000	-4,900,000		-4,100,000	-25,613,000	-4,791,000		-3,600,000	-3,100,000	-3,138,000	-3,412,000	-3,400,000	-3,412,000		-3,300,000	-2,500,000	-4,016,000	-3,582,000	-2,647,000	-3,028,000	-3,200,000		-3,500,000	-3,300,000	-3,700,000						-2,500,000	-2,400,000	-2,800,000	-2,044,000	-2,240,000	-2,100,000	-2,300,000	-2,629,000	-1,897,000	-1,800,000	-1,808,000	-2,161,000	-2,200,000	-2,161,000	-2,800,000	-2,844,000	-3,056,000	-3,100,000		-2,934,000	-2,900,000	-2,934,000	-3,078,000	-3,100,000	-3,078,000										-1,300,000		-991,000	234,000	-161,000		-512,000	-204,000								2,058,000		262,000	-1,475,250	-4,113,000	-275,000	-1,514,000	2,221,000	2,052,000	2,222,000	2,686,000	1,250,000	1,331,000		-35,000	-35,000	1,331,000
interest expense	4,399,000	3,643,000	4,654,000	5,822,000	4,381,000																																																																								1,579,000	1,825,000	1,921,000	2,693,000		2,757,000	3,505,000	3,445,000	4,116,000		-1,830,500	-3,955,000	-3,220,000	-147,000	20,000	-21,000			1,000			-32,000	-32,000
income before income taxes	32,203,000	67,433,000	57,853,000	44,069,000	38,049,000																																																																								4,168,000	6,214,000	5,579,000	-5,822,000	3,426,000	1,146,000	33,000	1,226,000	1,280,000	3,297,000	3,297,000	2,591,000	2,074,000	3,132,000	7,495,000	7,140,000	-9,394,000	9,452,000	10,029,000	7,617,000	6,581,000	4,928,000	4,928,000	7,617,000
income tax expense	10,453,000	16,602,000	9,280,000	2,281,000	9,127,000	5,500,000		-400,000	10,042,000	8,302,000		7,900,000	7,200,000	7,248,000	8,372,000	8,400,000	8,372,000		8,800,000	8,200,000	6,889,000	6,966,000	9,182,000	9,291,000	4,600,000		7,300,000	6,500,000	7,200,000		7,600,000	6,200,000
net income	21,750,000	50,831,000	48,573,000	41,788,000	28,922,000																																																																								4,912,000	5,667,000	4,827,000	-6,319,000						2,446,000	2,446,000	2,066,000	227,000	3,340,000	6,060,000	5,454,000	-10,454,000	8,439,000	8,873,000	7,092,000	6,024,000	4,593,000	4,593,000	7,092,000
yoy	-24.80%																																																																																					-26.77%	-59.64%	-62.12%	-102.17%	-60.42%	-31.70%	-23.10%	-273.54%	83.74%	93.19%	0.00%
qoq	-57.21%	4.65%	16.24%	44.49%																																																																									-13.32%	17.40%	-176.39%							0.00%	18.39%	810.13%	-93.20%	-44.88%	11.11%	-152.17%	-223.88%	-4.89%	25.11%	17.73%	31.16%	0.00%	-35.24%
net income margin %	6.15%	15.12%	14.59%	12.95%	8.95%	0%	NaN%	0%	0%	0%	NaN%	0%	0%	0%	0%	0%	0%	NaN%	0%	0%	0%	0%	0%	0%	0%	NaN%	0%	0%	0%	NaN%	0%	0%	0%	NaN%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	NaN%	0%	0%	0%	0%	0%	0%	0%	0%	Infinity%	Infinity%	Infinity%	-Infinity%	0%	NaN%	NaN%	NaN%	NaN%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	6.96%	Infinity%	Infinity%	6.95%
earnings per share
basic	0.5	1.16	1.12	0.96	0.64	0.27		0.84				0.72	0.69			0.68			0.7	0.66					0.3		0.62	0.58	0.55		0.57	0.5	0.44		0.52	0.37	0.33	-0.09	0.36	0.25	0.24	0.31	0.31	0.3	0.3	0.25	0.25	0.25	0.28	0.29	0.32	0.32	0.24	0.3	0.3	0.3	0.23	0.23	0.23	0.26	0.24	0.24	0.18	0.18	0.18	0.13	0.16		0.12	0.09	0.06	0.1	0.09	0.08	0.2	0.01	0.11	0.13	0.11	-0.14	0.06	0.03	0.01	0.03	0.02
diluted	0.48	1.12	1.07	0.92	0.61	0.26		0.81				0.69	0.66			0.65			0.68	0.64					0.29		0.6	0.56	0.53		0.55	0.48	0.42		0.51	0.36	0.32	-0.1	0.35	0.24	0.23	0.29	0.3	0.29	0.29	0.24	0.24	0.24	0.28	0.27	0.31	0.31	0.23	0.29	0.29	0.29	0.23	0.23	0.23	0.25	0.23	0.23	0.18	0.18	0.18	0.13	0.16		0.12	0.08	0.06	0.09	0.09	0.08	0.19	0.01	0.11	0.13	0.11	-0.14	0.06	0.02	0.01	0.03	0.02
weighted-average number of shares used in computing earnings per share
basic	43,330,641	43,956,070	43,403,903	43,457,284	45,443,899
diluted	45,238,334	45,891,262	45,205,037	45,416,308	47,425,017
foreign exchange loss/(gain)					975,000																			1,404,000
foreign exchange (gain) / loss						-300,000		500,000				100,000
impairment of intangible assets						30,900,000
operating profit						20,500,000		42,300,000	49,746,000	40,781,000		43,900,000	41,300,000	41,276,000	41,269,000	41,300,000	41,269,000		43,200,000	41,300,000	33,189,000	34,646,000	41,235,000	39,210,000	20,000,000		38,900,000	36,300,000	35,600,000		33,400,000	28,800,000	25,300,000		25,700,000	20,100,000	19,800,000	-3,259,000	20,600,000	15,300,000	14,500,000	18,811,000	19,320,000	19,300,000	19,278,000	15,435,000	15,400,000	15,435,000	18,000,000	17,963,000	20,074,000	20,100,000	14,373,000	18,919,000	18,900,000	18,919,000	13,495,000	13,500,000	13,495,000	15,913,000	14,373,000	14,400,000	10,897,000	10,900,000	10,897,000	8,200,000	10,200,000		7,800,000	6,804,000	5,241,000	8,654,000	8,098,000	6,851,000	8,869,000	4,360,000
finance expense						7,300,000		7,100,000	7,504,000	7,134,000		5,000,000	4,000,000	4,000,000	3,246,000	3,200,000	3,246,000		3,300,000	3,400,000	3,559,000	3,737,000	3,657,000	3,718,000	3,700,000		4,200,000	4,300,000	4,400,000		800,000	800,000	800,000		1,000,000	1,000,000	1,100,000	416,000	33,000		100,000	44,000	51,000	100,000	71,000	112,000	100,000	112,000	200,000	191,000	320,000	300,000	744,000	347,000	300,000	347,000	475,000	500,000	475,000	655,000	744,000	700,000	754,000	800,000	754,000	800,000	900,000		900,000	899,000	1,005,000	938,000	972,000	931,000	1,180,000	1,176,000
profit before income taxes						18,000,000		39,300,000	67,855,000	38,438,000		42,600,000	40,400,000	40,414,000	41,435,000	41,400,000	41,435,000		43,200,000	40,400,000	33,646,000	34,491,000	40,225,000	38,520,000	19,500,000		38,200,000	35,200,000	34,800,000		36,200,000	31,000,000	27,800,000		27,200,000	21,400,000	21,400,000	-1,631,000	22,807,000	17,300,000	16,800,000	21,396,000	21,166,000	21,000,000	21,015,000	17,484,000	17,500,000	17,484,000	20,600,000	20,616,000	22,810,000	22,800,000	16,087,000	21,506,000	21,500,000	21,506,000	16,098,000	16,100,000	16,098,000	18,322,000	16,087,000	16,100,000	11,972,000	12,000,000	11,972,000	9,600,000	10,900,000		8,200,000	6,859,000	5,227,000	7,482,000	7,287,000	5,832,000	8,201,000	3,388,000
profit after tax						12,600,000		39,600,000	57,813,000	30,136,000		34,700,000	33,200,000	33,166,000	33,063,000	33,100,000	33,063,000		34,300,000	32,100,000	26,757,000	27,525,000	31,043,000	29,229,000	14,800,000		30,900,000	28,700,000	27,600,000		28,600,000	24,800,000
earnings per share of ordinary share
basic	0.5	1.16	1.12	0.96	0.64	0.27		0.84				0.72	0.69			0.68			0.7	0.66					0.3		0.62	0.58	0.55		0.57	0.5	0.44		0.52	0.37	0.33	-0.09	0.36	0.25	0.24	0.31	0.31	0.3	0.3	0.25	0.25	0.25	0.28	0.29	0.32	0.32	0.24	0.3	0.3	0.3	0.23	0.23	0.23	0.26	0.24	0.24	0.18	0.18	0.18	0.13	0.16		0.12	0.09	0.06	0.1	0.09	0.08	0.2	0.01	0.11	0.13	0.11	-0.14	0.06	0.03	0.01	0.03	0.02
diluted	0.48	1.12	1.07	0.92	0.61	0.26		0.81				0.69	0.66			0.65			0.68	0.64					0.29		0.6	0.56	0.53		0.55	0.48	0.42		0.51	0.36	0.32	-0.1	0.35	0.24	0.23	0.29	0.3	0.29	0.29	0.24	0.24	0.24	0.28	0.27	0.31	0.31	0.23	0.29	0.29	0.29	0.23	0.23	0.23	0.25	0.23	0.23	0.18	0.18	0.18	0.13	0.16		0.12	0.08	0.06	0.09	0.09	0.08	0.19	0.01	0.11	0.13	0.11	-0.14	0.06	0.02	0.01	0.03	0.02
foreign exchange gain									-17,000	-905,000				-1,565,000	-1,921,000	-1,900,000	-1,921,000		-800,000		-1,121,000				-600,000		-200,000	-1,100,000														-2,031,000	-2,763,000
earnings per ordinary share
basic									1,220	630				690	680		680				540	550	620	590
diluted									1,160	600				660	650		650				520	530	600	560
foreign exchange (gain)													-1,600,000
foreign exchange (gain)/loss																						178,000	-76,000																											-293,000	-1,774,000			-704,000		-704,000
impairment of goodwill
other expenses																															-3,600,000	-3,000,000	-3,300,000																																					-954,000							-1,165,500	-5,061,000
provision for income taxes																																	5,400,000		900,000	2,500,000	4,700,000	3,546,250	4,829,000	4,700,000	4,600,000	5,503,000	5,444,000		5,510,000	4,722,000	4,700,000		5,900,000						6,200,000		4,029,000							2,600,000		2,800,000			2,200,000	2,541,000	2,386,000	3,082,000	3,241,000	2,404,000	-598,000	2,729,000	449,000	547,000				154,500	64,000		327,000	958,000	-586,000	-705,000	-1,847,000		-1,435,000	-1,686,000	-1,060,000	-1,013,000				-335,000
profit																																	22,400,000		26,300,000	18,900,000	16,700,000	-4,976,000	17,978,000	12,600,000	12,200,000	15,893,000	15,722,000	15,500,000	15,505,000	12,762,000	12,800,000	12,762,000	14,700,000	14,739,000	16,541,000	16,500,000	12,193,000	15,265,000	15,300,000	15,265,000	12,069,000	12,100,000	12,069,000	13,373,000	12,193,000	12,200,000	9,336,000	9,300,000	9,336,000	6,700,000	8,200,000		6,100,000	4,318,000	2,841,000	4,400,000	4,046,000	3,428,000	8,799,000	659,000
foreign exchange loss/ (gain)																																												-3,600,000				-1,753,000				-1,800,000						1,300,000
benefit from income taxes																																												5,500,000				4,722,000		4,135,000	6,269,000	6,300,000	3,894,000	6,241,000		6,241,000		4,000,000	4,029,000	2,335,000	3,894,000	3,900,000	2,636,000		2,636,000		2,800,000												752,000	497,000	994,000			227,000															-335,000
foreign exchange (gain)/ loss
other (income)/expense
foreign exchange loss/ (gains)																																																																						2,043,000
foreign exchange loss/(gains)																																																																							2,439,000
foreign exchange loss (gains)																																																																								-525,750	1,060,000
foreign exchange gains																																																																										-1,838,000	-4,284,000	-1,325,000
other expenses (income)																																																																										88,000
basic weighted-average ordinary shares outstanding																														50,139,389																																													44,428,424								43,198,212	42,941,588													38,372,397			40,067,072
diluted weighted-average ordinary shares outstanding																														52,278,113																																													45,358,900								44,755,997	44,637,150													41,093,046			42,664,150
revenue:
third parties																																																																													113,485,750	151,799,000	153,090,000	149,054,000		108,584,250	146,912,000	151,532,000	135,893,000	131,772,000	131,772,000	133,289,000	148,925,000	122,036,000	115,133,000	114,781,000	114,679,000	111,808,000	109,987,000	101,325,000		49,049,000	49,049,000
related parties																																																																													707,750	852,000	1,069,000	910,000		1,129,750	2,202,000	1,515,000	802,000	741,000	741,000	721,000	872,000	908,000	988,000	864,000	899,000	715,000	684,000	674,000		3,977,000	3,977,000
revenue: - sum																																																																													114,193,500	152,651,000
selling, general and administrative expenses																																																																													21,107,000	20,202,000	19,654,000	19,580,000	17,119,000	22,783,000	20,584,000	22,098,000	20,766,000	17,119,000	14,600,750	18,902,000	21,304,000		-51,281,655	17,777,000	18,782,000	14,722,000	16,281,000	13,973,000	757	10,130,000	10,130,000
less: net loss attributable to redeemable noncontrolling interest																																																																													-122,250	-121,000
net income attributable to wns (holdings) limited shareholders																																																																													5,153,000	5,788,000	4,921,000	-6,045,000	2,539,000	945,000	343,000	1,355,000	1,067,000
other incomes																																																																															-1,907,000	2,306,000
less: net income attributable to redeemable noncontrolling interest																																																																															-94,000	-274,000
other incomes (income)																																																																																	-262,000
interest expenses																																																																																	4,460,000
consolidated net income																																																																																	2,432,000	480,250	-31,000	999,000	953,000
less: net income attributable to noncontrolling interest																																																																																	-107,000
basic weighted-average ordinary
shares outstanding																																																																																	42,591,278
diluted weighted-average ordinary shares
outstanding																																																																																	42,793,875
note:
(a) includes the following share-based compensation amounts:
revenue - sum																																																																																		109,714,000	149,114,000		136,695,000	132,513,000	101,687,750	134,010,000	149,797,000	122,944,000	116,121,000	115,645,000	115,578,000	112,523,000	110,671,000	101,999,000		53,026,000
other expense																																																																																		1,957,500	2,948,000		2,824,000
less: net loss attributable to non controlling interest																																																																																		-211,000	-374,000
earnings per share of ordinary shares
basic	0.5	1.16	1.12	0.96	0.64	0.27		0.84				0.72	0.69			0.68			0.7	0.66					0.3		0.62	0.58	0.55		0.57	0.5	0.44		0.52	0.37	0.33	-0.09	0.36	0.25	0.24	0.31	0.31	0.3	0.3	0.25	0.25	0.25	0.28	0.29	0.32	0.32	0.24	0.3	0.3	0.3	0.23	0.23	0.23	0.26	0.24	0.24	0.18	0.18	0.18	0.13	0.16		0.12	0.09	0.06	0.1	0.09	0.08	0.2	0.01	0.11	0.13	0.11	-0.14	0.06	0.03	0.01	0.03	0.02
diluted	0.48	1.12	1.07	0.92	0.61	0.26		0.81				0.69	0.66			0.65			0.68	0.64					0.29		0.6	0.56	0.53		0.55	0.48	0.42		0.51	0.36	0.32	-0.1	0.35	0.24	0.23	0.29	0.3	0.29	0.29	0.24	0.24	0.24	0.28	0.27	0.31	0.31	0.23	0.29	0.29	0.29	0.23	0.23	0.23	0.25	0.23	0.23	0.18	0.18	0.18	0.13	0.16		0.12	0.08	0.06	0.09	0.09	0.08	0.19	0.01	0.11	0.13	0.11	-0.14	0.06	0.02	0.01	0.03	0.02
less: net income attributable to non controlling interest																																																																																				-356,000
operating expenses
less: net loss attributable to noncontrolling interest																																																																																					-114,000
impairment of goodwill and intangible assets																																																																																											3,866,000		15,465,000
interest income																																																																																						-4,460,000
income before minority interest																																																																																						2,339,000
minority interest																																																																																						107,000
basic income per share																																																																																						0.06	0.06	0.05	0.01	0.08	0.15	0.13	-0.25	0.2	0.22	0.18	0.16	0.13	0.13	0.18
diluted income per share																																																																																						0.06	0.06	0.05	0.01	0.08	0.14	0.13	-0.25	0.2	0.21	0.17	0.15	0.12	0.12	0.17
income before minority interests																																																																																							2,339,000	1,886,000
minority interest share of loss																																																																																							45,000	180,000
selling general and administrative expenses																																																																																										18,195,000
benefit for income taxes																																																																																										208,000					-354,500	-525,000				-525,000
cost of revenue [refer to note below]																																																																																																	67,337,000
selling, general and administrative expenses [refer to note below]																																																																																																	12,076,000
includes the following share-based compensation amounts:
cost of revenue [refer to note (a) below]																																																																																																				81,250,000
selling, general and administrative expenses [refer to note (b) as below]																																																																																																				13,973,000
(a) cost of revenue																																																																																																				376
(b) selling, general and administrative expenses																																																																																																				900

Balance Sheets:

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-07-24	2015-07-16	2015-06-30	2015-04-23	2015-03-31	2014-12-31	2014-10-23	2014-10-16	2014-09-30	2014-07-23	2014-06-30	2014-03-31	2013-12-31	2013-10-18	2013-10-16	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-07-14	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-05-07	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2007-02-13	2006-12-31	2006-09-30	2006-08-21	2006-06-30

assets
current assets:
cash and cash equivalents	100,910,000	106,902,000	101,629,000	93,228,000	83,916,000	87,431,000	94,570,000	91,750,000	82,938,000	127,900,000	102,418,000	78,400,000	225,502,000	108,153,000	83,400,000	88,900,000	96,620,000	105,633,000	148,910,000	137,160,000	128,900,000	96,929,000	86,700,000	82,354,000	105,800,000	85,444,000	85,300,000	59,200,000	66,100,000	99,800,000	89,664,000	103,014,000	105,102,000	69,800,000	70,669,000	53,900,000	64,414,000	41,854,000	39,331,000	39,311,000	42,265,000	42,300,000	42,265,000	32,400,000	32,448,000	34,500,000	31,373,000	31,400,000	31,400,000	31,463,000	31,500,000	33,691,000	28,300,000	29,742,000	29,700,000	29,700,000	23,400,000	27,878,000	26,700,000	32,849,000	52,215,000	46,725,000	23,327,000	16,134,000	27,090,000	20,290,000	27,090,000	30,231,000	24,648,000	38,830,000	32,311,000	59,519,000	40,211,000	50,347,000	38,931,000	38,931,000	36,628,000	31,328,000	73,338,000	102,698,000	96,525,000	96,615,000	75,375,000	112,340,000	103,319,000	103,319,000	92,238,000	11,645,000	11,645,000
investments	121,291,000	156,913,000	129,519,000	127,957,000	217,266,000	156,531,000	165,545,000	156,006,000	82,324,000	101,100,000	73,135,000	112,200,000	72,432,000	211,398,000	194,300,000	149,600,000	121,779,000	203,676,000	155,786,000	145,568,000	111,000,000	125,641,000	109,700,000	58,300,000	36,600,000	67,913,000	49,600,000	23,000,000	48,300,000	121,000,000	118,240,000	80,372,000	88,985,000	112,000,000	81,938,000	105,700,000	82,088,000	132,989,000	109,846,000	89,798,000	92,974,000	93,000,000	92,974,000	133,500,000	133,542,000	119,500,000	122,355,000	122,400,000	122,400,000	124,972,000	125,000,000	83,817,000	94,200,000	78,675,000	78,700,000	78,700,000	79,000,000	46,473,000		2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000
accounts receivable	140,732,000	129,714,000	124,260,000	137,001,000	128,902,000																																																														78,030,000	79,576,000	70,401,000	58,573,000	44,082,000	61,387,000	62,520,000	72,416,000	61,257,000	61,257,000	62,221,000	86,418,000	70,841,000		55,372,000	47,356,000	48,130,000	40,340,000	39,136,000	39,136,000	37,501,000	30,101,000	30,101,000
unbilled revenue	119,342,000	108,057,000	97,995,000	104,840,000	106,633,000	107,777,000	104,528,000	105,233,000	106,376,000	99,800,000	90,539,000	95,100,000	88,559,000	87,032,000	75,900,000	75,700,000	72,153,000	66,403,000	56,047,000	60,069,000	56,600,000	57,983,000	66,600,000	64,562,000	62,700,000	66,752,000	55,700,000	65,000,000	64,200,000	61,700,000	56,091,000	53,973,000	54,819,000	48,900,000	43,862,000	45,000,000	45,543,000	44,318,000	44,060,000	45,683,000	47,521,000	47,500,000	47,521,000	39,700,000	39,675,000	40,000,000	33,869,000	33,900,000	33,900,000	32,863,000	32,900,000	34,716,000	31,900,000	30,670,000	30,700,000	30,700,000	28,300,000	25,530,000	35,800,000	33,988,000	33,771,000	35,878,000	34,480,000	37,606,000	30,837,000	31,096,000	30,837,000	32,625,000	32,602,000	32,352,000	40,892,000
funds held for clients	9,477,000	7,145,000	6,906,000	6,800,000	7,405,000	6,853,000	7,062,000	6,913,000	8,547,000	9,400,000	8,560,000	9,300,000	9,726,000	11,643,000	13,900,000	11,800,000	11,726,000	12,139,000	15,903,000	7,454,000	7,900,000	15,833,000	9,100,000	11,828,000	9,100,000	7,063,000	9,900,000	8,700,000	8,300,000	10,100,000	10,086,000	9,464,000	8,943,000	9,100,000	9,001,000	11,000,000	11,309,000	11,895,000	13,157,000	12,500,000	11,947,000	11,900,000	11,947,000	12,700,000	12,737,000	12,000,000	13,974,000	14,000,000	14,000,000	14,563,000	14,600,000	15,936,000	13,800,000	18,029,000	18,000,000	18,000,000	19,700,000	19,877,000	24,300,000	21,103,000	24,564,000	20,706,000	9,825,000	12,114,000	8,799,000	7,944,000	8,799,000	6,026,000	1,865,000	10,067,000	11,372,000	7,900,000	6,997,000	7,418,000	5,379,000	5,379,000	4,909,000	5,118,000	6,680,000	6,473,000	6,445,000	6,097,000	7,409,000	6,589,000	4,553,000	4,553,000	5,455,000	3,001,000	3,001,000
derivative assets	9,534,000	12,681,000	7,760,000	14,759,000	7,648,000	5,847,000	8,967,000	6,159,000	6,288,000	6,400,000	11,119,000	16,300,000	11,111,000	10,351,000	9,700,000	9,000,000	5,726,000	7,974,000	9,021,000	9,464,000	8,900,000	13,198,000	16,900,000	20,017,000	19,500,000	13,394,000	15,000,000	2,900,000	5,700,000	11,700,000	18,803,000	17,328,000	26,898,000	35,400,000	27,702,000	24,700,000	19,363,000	13,890,000	12,535,000	12,661,000	13,679,000	13,700,000	13,679,000	24,200,000	24,152,000	13,300,000	11,039,000	11,000,000	11,000,000	6,689,000	6,700,000	6,792,000	5,500,000	4,380,000	4,400,000	4,400,000	4,200,000	7,589,000	3,100,000	7,923,000	3,081,000	3,724,000	3,113,000	5,840,000	11,182,000	8,332,000
contract assets	15,044,000	15,079,000	15,445,000	13,993,000	13,257,000	11,949,000	15,013,000	14,665,000	14,143,000	12,600,000	11,629,000	9,700,000	9,861,000	10,169,000	10,800,000	9,900,000	9,262,000	7,753,000	7,980,000	7,472,000	7,400,000	7,479,000	7,400,000	6,863,000	4,800,000	4,190,000
prepaid expense and other current assets	31,720,000	28,303,000	31,973,000	37,938,000	30,221,000
total current assets	548,050,000	564,794,000	518,347,000	536,516,000	595,248,000	531,368,000	553,176,000	541,700,000	459,845,000	504,100,000	448,137,000	457,300,000	543,538,000	568,090,000	511,900,000	467,900,000	433,528,000	509,907,000	512,694,000	475,323,000	434,300,000	428,834,000	400,000,000	342,539,000	334,500,000	335,411,000	310,000,000	263,200,000	287,200,000	400,500,000	386,907,000	357,059,000	377,841,000	363,100,000	313,599,000	323,200,000	303,976,000	322,458,000	299,849,000	274,704,000	283,603,000	283,600,000	283,603,000	315,100,000	315,080,000	295,400,000	294,706,000	294,700,000	294,700,000	295,130,000	295,100,000	253,860,000	252,700,000	235,344,000	235,300,000	235,300,000	227,900,000	203,806,000	237,800,000	220,582,000	212,975,000	225,623,000	175,016,000	153,804,000	181,455,000	165,336,000	184,765,000	187,550,000	173,899,000	181,510,000	176,937,000	170,128,000	149,631,000	171,647,000	163,541,000	163,541,000	141,442,000	150,635,000	176,169,000	182,078,000	177,511,000	166,003,000	158,954,000	183,422,000	156,509,000	156,509,000	145,016,000	54,880,000	54,880,000
goodwill	417,504,000	409,587,000	350,719,000	362,498,000	356,328,000	356,350,000	357,892,000	351,536,000	358,736,000	353,600,000	376,883,000	225,300,000	121,017,000	123,537,000	124,100,000	124,400,000	123,396,000	123,979,000	124,010,000	122,811,000	121,400,000	121,304,000	129,500,000	128,973,000	130,800,000	130,811,000	130,000,000	128,500,000	131,500,000	135,200,000	135,760,000	134,072,000	135,024,000	134,000,000	84,116,000	85,600,000	73,251,000	76,242,000	76,904,000	78,539,000	81,691,000	81,700,000	81,691,000	79,100,000	79,058,000	81,000,000	83,366,000	83,400,000	83,400,000	86,465,000	86,500,000	85,654,000	84,100,000	82,938,000	82,900,000	82,900,000	83,100,000	87,132,000	89,700,000	90,861,000	81,675,000	86,695,000	83,326,000	87,555,000	93,533,000	93,502,000	94,036,000	92,319,000	92,820,000	89,308,000	90,662,000	91,126,000	89,565,000	91,179,000	81,679,000	81,679,000	85,093,000	96,596,000	95,142,000	87,470,000	54,060,000	54,279,000	62,116,000	37,356,000	37,218,000	37,218,000	36,253,000	34,542,000	34,542,000
other intangible assets	117,772,000	122,638,000	114,061,000	121,765,000	124,419,000
property and equipment	86,204,000	80,811,000	69,963,000	74,784,000	71,813,000	73,740,000	71,417,000	68,917,000	67,074,000	62,400,000	49,896,000	44,200,000	44,925,000	49,257,000	47,800,000	49,500,000	51,007,000	52,272,000	56,365,000	56,855,000	55,600,000	56,984,000	58,000,000	59,863,000	63,400,000	60,998,000	57,400,000	58,000,000	59,800,000	60,600,000	59,428,000	58,621,000	58,004,000	54,800,000	46,008,000	49,200,000	47,771,000	50,417,000	45,625,000	47,388,000	47,905,000	47,900,000	47,905,000	48,200,000	48,230,000	47,200,000	46,049,000	46,000,000	46,000,000	43,802,000	43,800,000	45,165,000	45,800,000	45,197,000	45,200,000	45,200,000	46,200,000	48,440,000	49,500,000	49,458,000	45,707,000	45,418,000	45,113,000	48,501,000	47,178,000	49,351,000	48,592,000	46,404,000	48,982,000	47,232,000	51,700,000	53,835,000	52,655,000	57,335,000	55,992,000	55,992,000					53,533,000	53,016,000	47,343,000	41,830,000	42,914,000	42,914,000	39,183,000	34,369,000	34,369,000
operating lease right-of-use assets	207,745,000	186,835,000	173,208,000	175,733,000	178,641,000
deferred tax assets	56,012,000	48,675,000	56,235,000	56,003,000	50,694,000	49,186,000	49,251,000	46,437,000	46,892,000	46,700,000	44,218,000	35,800,000	36,451,000	34,765,000	33,300,000	33,000,000	35,297,000	33,022,000	35,102,000	32,236,000	32,100,000	28,942,000	28,300,000	24,475,000	24,400,000	23,772,000	21,900,000	27,200,000	25,500,000	27,400,000	21,883,000	22,534,000	19,712,000	16,700,000	20,643,000	20,200,000	21,273,000	22,522,000	21,603,000	22,501,000	23,728,000	23,700,000	23,728,000	21,300,000	21,331,000	26,900,000	30,860,000	30,900,000	30,900,000	36,372,000	36,400,000	37,066,000	42,200,000	45,865,000	45,900,000	45,900,000	42,200,000	41,642,000	45,400,000	44,028,000	44,843,000	43,712,000	43,229,000	39,586,000	33,518,000	34,829,000	3,078,000	1,923,000	2,353,000	2,200,000	1,959,000	1,219,000	1,207,000	1,691,000	1,743,000	1,743,000				618,000	800,000	744,000	588,000	701,000				339,000	339,000
other assets	70,272,000	68,509,000	65,434,000	64,127,000	63,480,000																																																														3,350,000	4,698,000	5,074,000	7,307,000	10,242,000	9,767,000	7,948,000	11,944,000
total assets	1,568,836,000	1,547,503,000	1,409,773,000	1,448,835,000	1,497,582,000	1,412,760,000	1,480,212,000	1,448,478,000	1,467,439,000	1,504,400,000	1,406,844,000	1,201,400,000	1,128,838,000	1,164,492,000	1,114,400,000	1,068,100,000	1,025,355,000	1,106,148,000	1,105,761,000	1,059,367,000	1,010,000,000	1,012,329,000	1,016,400,000	958,608,000	968,400,000	785,630,000	747,500,000	689,000,000	720,700,000	759,600,000	740,639,000	703,697,000	721,080,000	704,100,000	516,914,000	536,600,000	513,859,000	525,451,000	499,459,000	482,204,000	499,814,000	499,800,000	499,814,000	530,300,000	530,301,000	521,200,000	530,541,000	530,500,000	530,500,000	544,039,000	544,000,000	538,425,000	513,000,000	502,483,000	502,500,000	502,500,000	499,200,000	534,893,000	528,000,000	520,645,000	503,699,000	525,021,000	472,419,000	470,979,000	522,595,000	501,673,000	528,419,000	535,058,000	529,499,000	538,446,000	549,890,000	553,178,000	532,513,000	570,028,000	551,926,000	551,926,000	535,235,000	564,131,000	361,239,000	346,505,000	314,183,000	296,905,000	294,302,000	275,881,000	248,492,000	248,492,000	233,522,000	137,032,000	137,032,000
liabilities and equity
current liabilities:
accounts payables		29,224,000	24,053,000	22,221,000	24,644,000
provisions and accrued expenses		33,419,000	34,955,000	35,008,000	32,786,000	31,180,000	33,327,000	33,165,000	35,816,000	41,800,000	37,901,000	33,700,000	33,719,000	36,752,000	32,700,000	30,800,000	31,464,000	23,933,000	25,011,000	25,882,000	25,400,000	28,983,000	31,900,000	35,723,000	32,700,000	27,619,000	27,700,000	28,200,000	26,500,000	28,800,000	27,004,000	27,110,000	29,486,000	27,200,000	22,419,000	23,600,000	23,103,000	24,741,000	24,999,000	25,572,000	26,952,000	27,000,000	26,952,000	25,600,000	25,622,000	24,300,000	24,730,000	24,700,000	24,700,000	26,185,000	26,200,000	23,897,000	24,300,000	25,065,000	25,100,000	25,100,000	27,600,000	26,743,000	32,400,000	35,745,000	34,078,000	31,854,000	35,420,000
derivative liabilities		5,772,000	10,515,000	8,707,000	9,092,000	3,968,000	6,149,000	8,588,000	6,861,000	7,500,000	11,313,000	18,500,000	14,884,000	6,042,000	3,600,000	5,600,000	3,203,000	4,491,000	5,293,000	2,589,000	5,800,000	9,575,000	2,300,000	2,717,000	2,900,000	2,096,000	4,700,000	12,900,000	11,300,000	6,500,000	2,455,000	6,502,000	5,224,000	3,900,000	3,876,000	4,000,000	11,673,000	3,259,000	3,809,000	4,219,000	4,786,000	4,800,000	4,786,000	1,800,000	1,784,000	3,400,000	5,653,000	5,700,000	5,700,000	8,071,000	8,100,000	9,076,000	15,400,000	20,814,000	20,800,000	20,800,000	8,000,000	3,857,000	7,900,000	6,465,000	16,265,000	9,849,000	20,601,000	15,699,000	9,963,000	7,860,000
pension and other employee obligations		108,221,000	91,996,000	87,288,000	71,935,000	105,352,000	94,900,000	86,654,000	76,187,000	107,900,000	93,413,000	81,100,000	67,390,000	105,768,000	84,000,000	72,000,000	55,690,000	82,586,000	68,735,000	59,456,000	51,600,000	76,857,000	65,400,000	56,764,000	51,600,000	68,121,000	55,600,000	49,700,000	43,400,000	64,600,000	54,947,000	49,248,000	39,637,000	52,900,000	39,496,000	38,500,000	35,771,000	44,814,000	42,904,000	34,449,000	29,742,000	29,700,000	29,742,000	40,400,000	40,424,000	34,400,000	31,908,000	31,900,000	31,900,000	27,196,000	27,200,000	36,302,000	32,000,000	29,853,000	29,900,000	29,900,000	24,200,000	32,749,000	29,700,000	28,056,000	23,592,000	29,027,000	26,036,000	25,654,000	31,029,000	24,089,000
short-term borrowings		15,000,000		38,000,000	73,000,000
current portion of long-term debt		68,680,000	56,427,000	57,819,000	56,587,000	36,675,000	36,829,000	35,934,000	36,747,000	36,100,000	35,713,000	15,800,000			8,400,000	8,400,000	16,766,000	16,748,000	16,730,000	16,711,000	16,700,000	16,674,000	22,400,000	22,379,000	28,000,000	27,969,000	27,800,000	27,800,000
contract liabilities		15,824,000	17,254,000	15,131,000	17,480,000	12,902,000	14,397,000	15,875,000	17,787,000	15,700,000	13,272,000	13,600,000	15,773,000	13,723,000	13,000,000	13,800,000	13,855,000	12,685,000	11,463,000	11,562,000	11,300,000	10,281,000	8,500,000	6,929,000	10,000,000	5,427,000	4,700,000	3,100,000	2,800,000
income taxes payable		4,619,000	6,024,000	6,655,000	14,065,000																																																										6,703,000	4,166,000	3,088,000	2,707,000	3,088,000	2,375,000	2,540,000	2,118,000	2,550,000	4,439,000	3,622,000	3,916,000	3,995,000	3,995,000	4,693,000	3,425,000	2,345,000	1,879,000	2,518,000	2,139,000	864,000	88,000	589,000	589,000	517,000	566,000	566,000
operating lease liabilities		28,139,000	28,787,000	28,564,000	28,264,000
other liabilities		12,054,000	15,742,000	32,464,000	43,310,000	19,853,000	26,573,000	27,334,000	49,362,000		27,703,000	25,500,000	12,890,000	11,351,000		10,800,000	15,018,000	11,492,000	8,665,000	7,407,000	11,700,000	7,393,000	12,100,000	10,260,000	13,500,000	10,294,000	14,700,000	15,900,000	19,900,000	15,700,000	15,896,000	16,807,000	16,006,000	16,000,000	8,592,000	10,100,000	8,435,000	5,985,000	4,727,000	5,813,000	11,295,000	11,300,000	11,295,000	5,900,000	5,931,000	5,400,000	5,407,000	5,400,000	5,400,000	6,581,000	6,600,000	6,650,000	7,600,000	9,333,000	9,300,000	9,300,000	9,000,000	15,397,000	19,900,000	17,937,000	15,482,000	5,208,000	3,704,000	3,919,000	4,126,000	5,223,000	2,978,000	2,675,000	2,571,000	3,234,000	3,727,000	4,317,000	5,563,000	5,403,000
total current liabilities		320,952,000	285,753,000	331,857,000	371,163,000	311,297,000	303,203,000	274,183,000	327,742,000		272,817,000	237,400,000	228,520,000	230,698,000		194,700,000	188,062,000	207,466,000	192,165,000	176,645,000	177,600,000	205,839,000	192,000,000	182,552,000	188,700,000	161,960,000	157,300,000	157,900,000	150,500,000	167,300,000	152,148,000	150,698,000	142,969,000	148,800,000	98,665,000	103,200,000	107,195,000	103,331,000	101,931,000	97,980,000	111,276,000	111,300,000	111,276,000	128,000,000	128,044,000	142,300,000	163,939,000	163,900,000		180,208,000	180,200,000	184,844,000	169,300,000	181,262,000	181,300,000	181,300,000	168,800,000	182,385,000	181,400,000	172,749,000	184,258,000	187,601,000	237,348,000	211,676,000	195,834,000	174,811,000	194,680,000	178,744,000	177,138,000	180,004,000	173,903,000	178,744,000	159,441,000	174,103,000	167,710,000	167,710,000	122,021,000	162,923,000	131,367,000	111,801,000	83,729,000	73,320,000	63,876,000	63,410,000	63,531,000	63,531,000	58,705,000	50,446,000	50,446,000
pension and other employee obligations, less current portion		24,807,000	24,194,000	23,995,000	24,691,000
long-term debt, less current portion		159,788,000	143,148,000	167,018,000	171,912,000
operating lease liabilities, less current portion		166,318,000	153,115,000	155,178,000	159,084,000
other liabilities, less current portion		74,000	74,000	74,000	118,000
deferred tax liabilities		17,967,000	18,378,000	17,504,000	19,470,000	19,432,000	25,601,000	34,402,000	36,344,000		30,054,000		9,194,000	9,290,000		10,000,000	10,133,000	10,228,000	9,393,000	9,523,000	9,700,000	10,055,000	10,200,000	10,369,000	10,600,000	10,706,000	11,200,000	11,600,000	11,700,000	11,800,000	12,074,000	18,428,000	20,302,000	20,800,000	3,995,000	4,100,000	2,080,000	1,789,000	2,374,000	2,638,000	2,469,000	2,500,000	2,469,000	2,300,000	2,273,000	2,400,000	2,616,000	2,600,000		2,780,000	2,800,000	2,949,000	3,100,000	3,311,000	3,300,000	3,300,000	3,500,000	3,606,000	3,600,000	3,778,000	3,927,000	4,097,000	4,291,000	4,487,000	5,146,000	4,684,000	5,953,000	7,614,000	8,113,000	34,000		9,299,000	8,985,000	10,029,000						211,000	224,000	225,000	206,000		1,376,000	1,376,000	1,143,000	895,000	895,000
total liabilities		709,779,000	646,661,000	711,509,000	760,681,000	647,032,000	658,229,000	632,152,000	706,861,000		664,450,000		424,200,000	410,489,000		395,400,000	390,234,000	422,056,000	406,613,000	385,924,000	394,500,000	425,219,000	427,500,000	413,911,000	429,100,000	233,211,000	238,600,000	241,100,000	246,600,000	264,600,000	269,709,000	274,356,000	283,297,000	289,100,000	122,144,000	127,100,000	124,749,000	117,262,000	116,204,000	112,540,000	126,278,000	126,300,000	126,278,000	141,200,000	141,195,000	155,900,000	177,790,000	177,800,000		203,603,000	203,600,000	213,455,000	219,300,000	233,519,000	233,500,000	233,500,000	221,700,000	234,296,000	239,500,000	229,032,000	241,346,000	240,894,000	257,371,000	232,450,000	257,739,000	235,429,000	257,200,000	273,930,000	276,000,000	298,054,000	296,009,000	323,155,000	324,147,000	367,938,000	363,917,000	363,917,000	332,135,000	365,046,000	147,148,000	119,355,000	90,969,000
commitments and contingencies
shareholders’ equity:
share capital		7,440,000	7,420,000	7,412,000	7,366,000	7,349,000	7,619,000	7,582,000	7,562,000		7,663,000		7,757,000	7,751,000		7,700,000	8,021,000	7,977,000	7,926,000	7,907,000	7,900,000	7,874,000	8,000,000	8,078,000	8,200,000	8,056,000	8,000,000	8,000,000	8,600,000	8,500,000	8,514,000	8,494,000	8,402,000	8,300,000	8,324,000	8,300,000	8,248,000	8,211,000	8,199,000	8,193,000	8,164,000	8,200,000	8,164,000	8,100,000	8,141,000	8,100,000	8,102,000	8,100,000		8,066,000	8,100,000	8,044,000	8,000,000	7,987,000	8,000,000	8,000,000	8,000,000	7,922,000	7,900,000	7,882,000	7,851,000	7,842,000	6,991,000	6,981,000	6,955,000	6,965,000
additional paid-in capital		37,451,000	28,028,000	19,418,000	11,138,000																																																																			196,555,000	192,764,000	187,256,000			180,182,000	176,155,000	171,609,000	167,459,000
retained earnings		1,207,964,000	1,156,213,000	1,107,486,000	1,065,500,000	1,003,987,000	1,079,800,000	1,039,782,000	981,798,000		917,078,000		850,338,000	818,402,000		746,900,000	715,419,000	688,957,000	661,432,000	630,389,000	601,200,000	586,340,000	556,800,000	525,921,000	497,200,000	478,145,000	448,500,000	419,900,000	395,100,000	364,400,000	339,896,000	313,610,000	294,684,000	278,000,000	282,964,000	265,000,000	252,387,000	240,225,000	224,332,000	208,611,000	193,107,000	193,100,000	193,107,000	180,300,000	180,345,000	165,600,000	149,065,000	149,100,000		133,800,000	133,800,000	121,731,000	108,400,000	96,165,000	96,200,000	96,200,000	86,800,000	80,084,000	72,400,000	66,281,000	61,963,000	59,122,000	54,722,000	50,676,000	46,589,000	47,248,000	60,259,000	55,353,000	49,670,000	44,688,000	50,797,000	49,682,000		47,984,000	46,917,000	46,917,000	44,471,000	42,472,000	42,179,000	38,839,000	32,779,000	27,324,000	37,778,000	30,685,000	21,812,000	21,812,000	14,721,000	8,697,000	8,697,000
other reserves		2,667,000	3,587,000	3,741,000	3,939,000	6,129,000	6,151,000	6,533,000	6,704,000		4,884,000		3,783,000	2,656,000		1,000,000	295,000
accumulated other comprehensive loss		-268,119,000	-282,457,000	-251,052,000	-266,814,000																																																														-4,045,000	-7,652,000	-8,421,000	-15,804,000	-7,573,000	-22,868,000		-39,740,000
total shareholder’s equity, including shares held in treasury		987,403,000	912,791,000	887,005,000	821,129,000		880,114,000							754,003,000				762,655,000				587,110,000				608,836,000												438,650,000
less: nil shares as at june 30, 2025 and 2,800,000 shares as at march 31, 2025, held in treasury, at cost
total shareholders’ equity		837,724,000	763,112,000	737,326,000	736,901,000	765,728,000	821,983,000	816,326,000	760,578,000		742,394,000		704,638,000	754,003,000		672,700,000	635,121,000	684,092,000	699,148,000	673,443,000	615,400,000	587,110,000	588,900,000	544,697,000	539,200,000	552,419,000	508,900,000	447,900,000	474,100,000	495,000,000	470,930,000	429,341,000	437,783,000	415,100,000	394,770,000	409,500,000	389,110,000	408,189,000	383,255,000	369,664,000	373,536,000	373,500,000	373,536,000	389,100,000	389,106,000	365,300,000	352,751,000	352,800,000		340,436,000	340,400,000	324,970,000	293,700,000	268,964,000	269,000,000	269,000,000	277,500,000	300,597,000	288,500,000	291,613,000	262,353,000	284,127,000	215,048,000	238,529,000	264,856,000	266,244,000									187,996,000	187,996,000	202,980,000	199,085,000	214,091,000	227,150,000	223,214,000	215,067,000	218,982,000	205,528,000	183,454,000	183,454,000	172,249,000	83,560,000	83,560,000
total liabilities and shareholders’ equity		1,547,503,000	1,409,773,000	1,448,835,000	1,497,582,000																																																																						551,926,000	551,926,000	535,235,000	564,131,000	361,239,000	346,505,000	314,183,000	296,905,000	294,302,000	275,881,000	248,492,000	248,492,000	233,522,000	137,032,000	137,032,000
less: 2,800,000 shares as at march 31, 2025 and nil as at march 31, 2024, held in treasury, at cost		-149,679,000
assets held for sale			2,860,000
less: 2,800,000 shares as at december 31, 2024 and nil as at march 31, 2024, held in treasury, at cost			-149,679,000
less: 2,800,000 shares as at september 30, 2024 and nil as at march 31, 2024, held in treasury, at cost				-149,679,000
less: 1,643,731 shares as at june 30, 2024 and nil as at march 31, 2024, held in treasury, at cost					-84,228,000
trade receivables						124,570,000	127,762,000	129,616,000	124,403,000	113,100,000	119,961,000	103,400,000	98,193,000	100,522,000	97,400,000	95,500,000	91,300,000	83,118,000	93,667,000	86,778,000	92,400,000	89,772,000	82,900,000	75,397,000	74,300,000	73,872,000	73,800,000	80,800,000	72,200,000	71,400,000	67,475,000	66,176,000	62,727,000	60,400,000	55,938,000	57,600,000	58,137,000	54,911,000	56,733,000	55,509,000	54,298,000	54,300,000	54,298,000	55,800,000	55,768,000	59,700,000	63,830,000	63,800,000	63,800,000	66,539,000	66,500,000	61,983,000	62,000,000	58,379,000	58,400,000	58,400,000	57,600,000	64,438,000	61,600,000	69,315,000	58,276,000	66,421,000	66,999,000	55,951,000	78,586,000	70,494,000
prepayments and other current assets						30,410,000	29,729,000	31,358,000	34,826,000	33,900,000	30,776,000	33,000,000	28,154,000	28,822,000	26,500,000	27,500,000	24,962,000	23,211,000	25,380,000	21,358,000	21,200,000	21,999,000	20,800,000	23,218,000	21,700,000	16,783,000	20,700,000	23,600,000	22,400,000	24,800,000	26,548,000	26,732,000	30,367,000	27,400,000		25,300,000	23,122,000	22,601,000	24,187,000	19,242,000		20,900,000		16,800,000	16,758,000	16,400,000	18,266,000	18,300,000	18,300,000	18,041,000	18,000,000	16,925,000	16,900,000	15,469,000	15,500,000	15,500,000	15,700,000	12,021,000	22,500,000	24,006,000	24,928,000	21,925,000	22,236,000	22,754,000	16,447,000	20,795,000
non-current assets:
intangible assets						124,369,000	160,634,000	165,753,000	174,876,000	179,200,000	149,373,000	114,000,000	64,007,000	65,421,000	65,900,000	66,900,000	68,256,000	65,141,000	66,680,000	67,893,000	67,800,000	70,100,000	74,200,000	75,910,000	78,400,000	80,188,000	82,100,000	84,900,000	85,500,000	89,700,000	91,794,000	92,068,000	94,086,000	96,600,000	18,929,000	22,800,000	21,962,000	27,117,000	32,748,000	38,259,000	43,400,000	43,400,000	43,400,000	43,300,000	43,274,000	48,500,000	54,987,000	55,000,000	55,000,000	61,657,000	61,700,000	67,222,000	70,600,000	74,371,000	74,400,000	74,400,000	82,100,000	92,104,000	97,500,000	105,831,000	102,409,000	115,141,000	117,804,000	132,162,000	156,587,000	148,615,000	156,587,000	164,368,000	172,380,000	179,984,000	188,079,000	196,446,000	204,378,000	212,808,000	217,372,000	217,372,000	227,418,000	243,487,000	25,496,000	9,393,000	10,184,000	9,172,000	15,780,000	7,091,000	7,439,000	7,439,000	7,938,000	8,243,000	8,243,000
right-of-use assets						163,623,000	172,266,000	164,209,000	173,298,000	175,500,000	161,100,000	156,000,000	159,220,000	142,623,000	152,200,000	157,500,000	156,118,000	166,766,000	157,835,000	156,785,000	156,300,000	159,098,000	169,200,000		180,700,000
other non-current assets						59,048,000	58,507,000	53,569,000	48,452,000	49,600,000	52,036,000	46,200,000	39,468,000	44,275,000	46,200,000	42,700,000	34,899,000	40,032,000	38,534,000	34,784,000	35,200,000	35,952,000	41,200,000	40,875,000	40,100,000	44,239,000	59,000,000	49,100,000	50,300,000	42,400,000	40,647,000	36,266,000	32,184,000	31,900,000	26,693,000	28,500,000	27,036,000	21,848,000	19,760,000	18,220,000	17,400,000	17,400,000	17,400,000	17,600,000	17,613,000	18,200,000	17,190,000	17,200,000	17,200,000	17,987,000	18,000,000	16,653,000	14,900,000	17,029,000	17,000,000	17,000,000	16,100,000	14,795,000	6,400,000	6,806,000	6,469,000	6,880,000	6,610,000	7,450,000	8,040,000	7,912,000
total non-current assets						881,392,000	927,036,000	906,778,000	1,007,594,000	1,000,400,000	958,707,000	744,000,000	585,300,000	596,402,000	602,500,000	600,200,000	591,827,000	596,241,000	593,067,000	584,044,000	575,700,000	583,495,000	616,400,000	616,069,000	633,900,000	450,219,000	437,500,000	425,900,000	433,500,000	359,000,000	353,732,000	346,638,000	343,239,000	341,100,000	203,315,000	213,300,000	209,883,000	202,993,000	199,610,000	207,500,000	216,211,000	216,200,000	216,211,000	215,200,000	215,221,000	225,800,000	235,835,000	235,800,000	235,800,000	248,909,000	248,900,000	284,565,000	260,300,000	267,139,000	267,100,000	267,100,000	271,300,000	331,087,000	290,200,000	300,063,000	290,724,000	299,398,000	297,403,000	317,175,000	341,140,000	336,337,000
trade payables						24,971,000	21,362,000	19,076,000	23,895,000	25,400,000	23,280,000	22,600,000	24,009,000	27,829,000	26,100,000	24,700,000	22,919,000	28,015,000	28,435,000	24,453,000	24,100,000	29,333,000	21,100,000	21,701,000	22,500,000	17,831,000	20,000,000	19,000,000	16,800,000	19,700,000	16,281,000	15,777,000	18,372,000	14,200,000	14,782,000	18,500,000	18,676,000	19,862,000	20,355,000	20,369,000	24,793,000	24,800,000	24,793,000	22,700,000	22,706,000	25,500,000	24,221,000	24,200,000	24,200,000	27,625,000	27,600,000	29,059,000	22,500,000	23,515,000	23,500,000	23,500,000	27,700,000	29,321,000	29,100,000	33,704,000	33,235,000	47,304,000	35,758,000	32,611,000	43,748,000	32,495,000
short-term line of credit						40,000,000	29,610,000	9,760,000	40,165,000																																																																						8,174,000
current taxes payable						8,302,000	12,045,000	11,241,000	12,179,000	2,200,000	5,745,000	3,400,000	3,658,000	2,279,000	2,400,000	1,800,000	3,321,000	1,489,000	3,789,000	3,160,000	5,600,000	3,312,000	4,700,000	3,726,000	5,900,000	2,603,000	2,000,000	1,300,000	1,900,000	1,300,000	4,110,000	2,081,000	1,950,000	1,300,000	4,053,000	5,000,000	5,052,000	1,746,000	1,395,000	2,585,000	2,963,000	3,000,000	2,963,000	2,000,000	1,987,000	3,600,000	3,470,000	3,500,000	3,500,000	4,514,000	4,500,000	3,269,000	3,700,000	4,439,000	4,400,000	4,400,000	5,600,000	5,188,000	10,700,000	9,620,000	8,663,000	8,183,000
lease liabilities						28,094,000	28,011,000	26,556,000	28,743,000	26,600,000	24,477,000	23,100,000	24,500,000	26,954,000		26,900,000	25,826,000	26,027,000	24,044,000	25,425,000	25,400,000	23,431,000	23,700,000	22,353,000	21,600,000
non-current liabilities:
long-term debt						102,529,000	110,995,000	118,416,000	129,274,000		143,650,000								8,392,000	8,383,000	16,800,000		25,100,000	25,094,000	33,500,000		47,500,000	47,500,000
other non-current liabilities						13,898,000	12,697,000	10,167,000	10,305,000		26,906,000		77,000	78,000		200,000	211,000	211,000	248,000	166,000	200,000	164,000	200,000	216,000	200,000	8,959,000	10,400,000	9,900,000	10,200,000	11,700,000	17,916,000	17,375,000	17,070,000	18,500,000	8,278,000	8,300,000	4,703,000	4,536,000	4,291,000	4,136,000	4,164,000	4,200,000	4,164,000	4,000,000	4,017,000	3,800,000	4,082,000	4,100,000		4,218,000	4,200,000	3,909,000	3,700,000	3,652,000	3,700,000	3,700,000	3,500,000	4,395,000	4,400,000	2,948,000	2,626,000	2,675,000	2,335,000	2,359,000	2,978,000	2,365,000
total non-current liabilities						335,735,000	355,026,000	357,969,000	379,119,000		391,633,000		195,680,000	179,791,000		200,700,000	202,172,000	214,590,000	214,448,000	209,279,000	216,900,000	219,380,000	235,500,000	231,359,000	240,500,000	71,251,000	81,300,000	83,200,000	96,100,000	97,300,000	117,561,000	123,658,000	140,328,000	140,300,000	23,479,000	23,900,000	17,554,000	13,931,000	14,273,000	14,560,000	15,002,000	15,000,000	15,002,000	13,200,000	13,151,000	13,600,000	13,851,000	13,900,000		23,395,000	23,400,000	28,611,000	50,000,000	52,257,000	52,300,000	52,300,000	53,000,000	51,911,000	58,100,000	56,283,000	57,088,000	53,293,000	20,023,000	20,774,000	61,905,000	60,618,000
share premium						2,400,000	35,010,000	22,122,000	9,042,000		67,068,000		123,645,000	110,327,000		90,100,000	241,607,000	227,708,000	217,981,000	207,851,000	199,400,000	187,268,000	243,300,000	233,724,000	278,200,000	269,529,000	262,200,000	254,700,000	380,200,000	371,800,000	363,730,000	356,537,000	346,254,000	338,300,000	330,842,000	325,900,000	312,423,000	306,874,000	301,390,000	296,609,000	291,270,000	291,300,000	291,270,000	286,800,000	286,805,000	284,200,000	281,882,000	281,900,000		279,011,000	279,000,000	276,601,000	275,400,000	273,528,000	273,500,000	273,500,000	271,000,000	269,300,000	268,000,000	266,560,000	265,161,000	263,529,000	216,038,000	214,609,000	211,430,000	213,283,000
other components of equity						-254,137,000	-248,466,000	-259,693,000	-244,528,000		-254,299,000		-227,129,000	-185,133,000		-173,000,000	-166,620,000	-161,987,000	-160,767,000	-172,704,000	-193,000,000	-194,372,000	-155,400,000	-159,223,000	-141,600,000	-146,894,000	-153,400,000	-178,500,000	-152,200,000	-115,500,000	-106,979,000	-123,263,000	-116,872,000	-114,900,000	-132,748,000	-124,600,000	-130,556,000	-116,660,000	-120,205,000	-113,288,000	-98,334,000	-98,300,000	-98,334,000	-86,200,000	-86,185,000	-92,700,000	-86,298,000	-86,300,000		-80,441,000	-80,400,000	-81,406,000							-59,800,000	-49,110,000	-72,622,000	-46,366,000	-62,703,000	-33,737,000	-118,000	-1,252,000
total liabilities and equity						1,412,760,000	1,480,212,000	1,448,478,000	1,467,439,000		1,406,844,000		1,128,838,000	1,164,492,000		1,068,100,000	1,025,355,000	1,106,148,000	1,105,761,000	1,059,367,000	1,010,000,000	1,012,329,000	1,016,400,000	958,608,000	968,400,000	785,630,000	747,500,000	689,000,000	720,700,000	759,600,000	740,639,000	703,697,000	721,080,000	704,100,000	516,914,000	536,600,000	513,859,000	525,451,000	499,459,000	482,204,000	499,814,000	499,800,000	499,814,000	530,300,000	530,301,000	521,200,000	530,541,000	530,500,000		544,039,000	544,000,000	538,425,000	513,000,000	502,483,000	502,500,000	502,500,000	499,200,000	534,893,000	528,000,000	520,645,000	503,699,000	525,021,000	472,419,000	470,979,000	522,595,000	501,673,000						553,178,000		570,028,000
less: 1,000,000 shares as at december, 31, 2023 and nil as at march 31, 2023, held in treasury, at cost							-58,131,000
short term line of credit													31,697,000																															12,900,000	12,881,000	21,000,000	41,939,000	41,900,000	41,900,000	56,346,000	56,300,000	58,583,000	48,100,000	52,201,000	52,200,000	52,200,000	53,300,000	54,921,000	40,600,000	31,019,000	21,000,000	23,965,000	34,099,000	18,982,000	14,593,000	11,700,000			10,980,000	103,000				4,552,000	4,331,000	4,331,000	5,511,000	8,463,000
total shareholders’ equity, including shares held in treasury													758,394,000				798,722,000		726,572,000					608,500,000							605,161,000	555,378,000	532,468,000		489,382,000		442,502,000		413,716,000	400,125,000
less: 741,618 shares as at june 30, 2022 and nil shares as at march 31, 2022, held in treasury, at cost													-53,756,000
less: nil shares as at march 31, 2022 and 1,100,000 shares as at march 31, 2021, held in treasury, at cost
total shareholders’ equity including shares held in treasury																672,700,000							652,700,000		641,900,000		565,300,000	504,200,000	631,700,000	629,200,000				509,800,000		474,600,000					394,207,000	394,200,000	394,207,000
less: nil shares as at september 30, 2021 and 1,100,000 shares as at march 31, 2021, held in treasury, at cost
less: 2,200,000 shares as at june 30, 2021 and 1,100,000 shares as at march 31, 2021, held in treasury, at cost																	-163,601,000
less: 1,100,000 shares as at march 31, 2021 and nil shares as at march 31, 2020, held in treasury, at cost																		-78,563,000
less: 405,284 shares as at december 31, 2020 and nil shares as at march 31, 2020, held in treasury, at cost																			-27,424,000
long term debt																						16,748,000				33,422,000			61,500,000	61,400,000	75,364,000	75,276,000	89,230,000	89,100,000																8,728,000	8,700,000	13,509,000	29,000,000	28,567,000	28,600,000	28,600,000	33,100,000	33,741,000	40,000,000	40,342,000	40,066,000	36,674,000	2,130,000	2,128,000	42,889,000	43,016,000	43,095,000	72,457,000	72,715,000	89,000,000	95,000,000	115,000,000	130,000,000	150,000,000
less: nil shares as at march 31, 2020 and 1,101,300 shares as at march 31, 2019, held in treasury, at cost
lease liabilities – non current																							164,700,000		175,800,000
less: 1,100,000 shares as at december 31, 2019 and 1,101,300 shares as at march 31, 2019, held in treasury, at cost																							-63,800,000
right of use assets																								172,116,000
less: 1,100,000 shares as at september 30, 2019 and 1,101,300 shares as at march 31, 2019, held in treasury, at cost																								-63,803,000
less: 1,903,522 shares as at june 30, 2019 and 1,101,300 shares as at march 31, 2019, held in treasury, at cost																									-102,700,000
less: 1,101,300 shares as at march 31, 2019 and 4,400,000 shares as at march 31, 2018, held in treasury, at cost																										-56,417,000
less: 1,100,000 shares as at december 31, 2018 and 4,400,000 shares as at march 31, 2018, held in treasury, at cost																											-56,400,000
less: 1,100,000 shares as at september 30, 2018 and 4,400,000 shares as at march 31, 2018, held in treasury, at cost																												-56,300,000
current portion of long term debt																													27,800,000	27,700,000	27,708,000	27,678,000	27,645,000	27,600,000							8,212,000	8,200,000	8,212,000	12,800,000	12,828,000	20,000,000	20,573,000	20,600,000	20,600,000	17,911,000	17,900,000	12,637,000	10,500,000	10,297,000	10,300,000	10,300,000	7,800,000	7,701,000	4,100,000	4,084,000	26,116,000	26,031,000	70,102,000	70,075,000	49,392,000	49,515,000	50,000,000	40,000,000	40,000,000	46,000,000	40,000,000	55,000,000	40,000,000	45,000,000
less: 4,850,300 shares as at june 30, 2018 and 4,400,000 shares as at march 31, 2018, held in treasury, at cost																													-157,600,000
deferred revenue																														2,900,000	3,747,000	5,495,000	4,649,000	5,500,000	5,447,000	3,500,000	4,485,000	2,924,000	3,742,000	4,973,000	2,533,000	2,500,000	2,533,000	3,900,000	3,881,000	4,700,000	6,038,000	6,000,000	6,000,000	5,779,000	5,800,000	5,371,000	5,000,000	5,745,000	5,700,000	5,700,000	5,600,000	6,508,000	6,900,000	6,119,000	5,827,000	6,180,000	4,925,000	5,559,000	6,962,000	6,234,000	6,962,000	6,242,000	6,610,000	4,762,000	4,891,000	3,745,000	4,703,000	5,229,000											11,016,000	11,016,000	8,502,000	6,810,000	6,810,000
less: 4,400,000 shares as at march 31, 2018 and 3,300,000 shares as at march 31, 2017, held in treasury, at cost																														-134,200,000
less: 4,400,000 shares as at december 31, 2017 and 3,300,000 shares as at march 31, 2017, held in treasury, at cost																															-134,231,000
less: 4,179,539 shares as at september 30, 2017 and 3,300,000 shares as at march 31, 2017, held in treasury, at cost																																-126,037,000
less: 3,300,000 shares as at june 30, 2017 and march 31, 2017, held in treasury, at cost																																	-94,685,000
less: 3,300,000 shares as of march 31, 2017 and 1,100,000 shares as of march 31, 2016, held in treasury, at cost																																		-94,700,000
prepayments and other assets																																			24,489,000						20,919,000		20,919,000
less: 3,300,000 shares as of december 31, 2016 and 1,100,000 shares as of march 31, 2016, held in treasury, at cost																																			-94,612,000
less: 2,245,444 shares as of september 30, 2016 and 1,100,000 shares as of march 31, 2016, held in treasury, at cost																																				-65,100,000
cash consideration, pending allocation																																					11,748,000
less: 1,850,000 shares as of june 30, 2016 and 1,100,000 shares as of march 31, 2016, held in treasury, at cost																																					-53,392,000
less: 1,100,000 shares as at march 31, 2016 and nil shares as at march 31, 2015, held in treasury, at cost																																						-30,461,000
less: 1,100,000 shares as of december 31, 2015 and nil shares as of march 31, 2015, held in treasury, at cost																																							-30,461,000
less: 1,100,000 shares as of september 30, 2015 and nil shares as of march 31, 2015, held in treasury, at cost																																								-30,461,000
less: 770,000 shares as of june 30, 2015 and nil shares as of march 31, 2015, held in treasury, at cost																																									-20,671,000	-20,700,000	-20,671,000
diluted earnings per ads																																										240,000		280,000											180,000		130,000		120,000
add: adjustments for amortization of intangible assets and share-based compensation expense																																										180,000		150,000
adjusted diluted net income per ads																																										420,000		430,000											330,000		280,000		270,000
add: adjustments for amortization of intangible assets and share-based compensation expense.																																																							150,000		150,000		150,000
marketable securities																																																											59,600,000	27,434,000	12,751,000
current tax assets																																																											4,100,000	3,964,000	3,389,000	3,860,000	3,634,000	3,405,000	8,502,000	6,373,000
purchase price pending allocation																																																													8,098,000
bank deposits and marketable securities																																																														26,384,000	11,402,000		12,000	12,000	12,000	12,000	12,000	50,000	45,000		3,378,000		8,925,000	8,925,000			3,113,000	8,074,000
provisions																																																																35,011,000	32,933,000	34,988,000
accounts receivable — related parties																																																																			556,000	303,000	319,000	594,000	739,000	840,000	1,174,000	344,000	64,000	64,000	47,000	113,000	136,000	586,000				252,000
employee receivables																																																																			1,232,000	1,842,000	2,018,000	1,458,000	1,526,000	1,585,000	1,481,000	1,098,000	745,000	745,000	1,126,000	1,963,000	1,073,000	1,179,000				1,289,000
prepaid expenses																																																																			2,307,000	2,600,000	3,400,000	2,979,000	2,101,000	2,499,000	3,201,000	3,014,000	2,082,000	2,082,000	4,440,000	4,393,000	6,614,000	3,776,000	4,812,000	3,637,000	3,813,000	2,162,000	3,029,000	3,029,000	3,500,000	2,578,000	2,578,000
prepaid income taxes																																																																			8,502,000	6,043,000	5,343,000	5,387,000	5,602,000	6,763,000	6,050,000	6,239,000	5,768,000	5,768,000	3,256,000	3,214,000	3,269,000	2,776,000	4,095,000	2,647,000	2,996,000	3,225,000
other current assets																																																																			24,322,000	26,369,000	30,938,000	29,020,000	36,308,000	28,416,000	23,412,000	29,080,000	38,647,000	38,647,000	17,959,000	17,550,000	10,362,000	8,596,000	8,301,000	7,455,000	7,117,000	4,524,000	6,472,000	6,472,000	6,322,000	7,216,000	7,216,000
deposits																																																																			7,345,000	7,591,000	7,047,000	6,739,000	7,086,000	6,896,000	6,966,000	6,963,000	6,309,000	6,309,000	8,420,000	7,646,000	6,794,000	7,391,000	10,214,000	7,398,000	5,522,000	3,081,000	2,746,000	2,746,000	2,450,000	2,394,000	2,394,000
liabilities, redeemable noncontrolling interest and equity
accounts payable																																																																			43,748,000	40,351,000	28,901,000	30,893,000	27,900,000		30,230,000		30,879,000	30,879,000	22,905,000				19,926,000	18,180,000	16,778,000	18,505,000	19,051,000	19,051,000	22,201,000	17,286,000	17,286,000
short term borrowings																																																																			14,593,000
accrued employee cost																																																																			31,034,000	27,404,000	26,342,000	23,319,000	30,977,000	26,580,000	25,471,000
other current liabilities																																																																			45,255,000	53,672,000	61,765,000	66,775,000	67,585,000	20,917,000	20,827,000	23,952,000	54,126,000	54,126,000	35,882,000	40,243,000	30,450,000	25,806,000	27,212,000	24,926,000	22,749,000	16,239,000	16,116,000	16,116,000	14,210,000	12,184,000	12,184,000
accrued pension liability																																																																			4,087,000	4,319,000	4,432,000	4,334,000	3,921,000	3,439,000	2,925,000	2,857,000	2,570,000	2,570,000	2,152,000	1,965,000	1,637,000	1,544,000	1,352,000	1,211,000	1,104,000	771,000
derivatives																																																																			431,000	1,491,000
redeemable noncontrolling interest																																																																							278,000
wns (holdings) limited shareholders’ equity:
ordinary shares, 0.16 (10 pence) par value, authorized: 50,000,000 shares; issued and outstanding: 44,443,726 and 43,743,953 shares, respectively																																																																			6,955,000
additional paid-in-capital																																																																			208,050,000	206,472,000	205,313,000	204,604,000	203,531,000				184,122,000	184,122,000					163,548,000	160,792,000	157,150,000	154,952,000	143,574,000	143,574,000	141,814,000	63,026,000	63,026,000
total wns (holdings) limited shareholders’ equity																																																																			271,219,000	261,128,000	253,499,000	240,392,000	253,603,000
total liabilities, redeemable noncontrolling interest and equity																																																																			528,419,000	535,058,000	529,499,000	538,446,000	549,890,000
short term debt																																																																				8,700,000		6,000,000
ordinary shares, 0.16 (10 pence) par value, authorized:
50,000,000 shares; issued and outstanding: 44,413,118 and 43,743,953 shares, respectively																																																																				6,951,000
ordinary shares subscribed: 2000 and nil shares, respectively																																																																				4,000
derivative contracts																																																																					3,557,000	4,550,000	7,600,000	8,784,000	13,864,000	21,232,000
50,000,000 shares; issued and outstanding: 44,329,959 and 43,743,953 shares, respectively																																																																					6,937,000
50,000,000 shares; issued and outstanding: 44,117,085 and 43,743,953 shares, respectively																																																																						6,904,000
accounts payable — related parties																																																																											42,000	42,000				6,000				246,000
50,000,000 shares; issued and outstanding: 43,743,953 and 42,607,403 shares, respectively																																																																							6,848,000
account payable																																																																								24,484,000		33,411,000				31,599,000	31,201,000	15,562,000
accrued expenses																																																																								43,579,000	34,588,000	36,016,000
ordinary shares, 0.16 (10 pence) par value, authorized: 50,000,000 shares; issued and outstanding: 43,311,123 and 42,607,403 shares, respectively																																																																								6,780,000
ordinary shares subscribed: 2,222 and nil shares, respectively																																																																								5,000
wns (holdings) limited shareholders’ equity																																																																								230,154,000		202,199,000
noncontrolling interest																																																																								-131,000		-109,000
total equity																																																																								230,023,000		202,090,000
ordinary shares, 0.16 (10 pence) par value, authorized: 50,000,000 shares; issued and outstanding: 43,076,459 and 42,607,403 shares, respectively																																																																									6,742,000
ordinary shares subscribed: 9,001 and nil shares, respectively																																																																									68,000
accrued employee costs																																																																										20,859,000	23,754,000	23,754,000	25,215,000	24,108,000	19,057,000	26,848,000	24,840,000	20,525,000	15,810,000	18,492,000	15,357,000	15,357,000	12,085,000	8,237,000	8,237,000
accrual for earn out payment																																																																										1,168,000						33,699,000
50,000,000 shares; issued and outstanding: 42,819,656 and 42,607,403 shares, respectively																																																																										6,699,000
current assets
other assets — non current																																																																											11,449,000	11,449,000	2,719,000
deferred tax assets — non current																																																																											15,584,000	15,584,000	16,129,000	14,657,000	10,460,000
liabilities and shareholders’ equity
current liabilities
long term debt — current																																																																											45,000,000	45,000,000	20,000,000	20,000,000
deferred revenue — current																																																																											5,583,000	5,583,000	6,326,000	12,583,000	5,423,000	7,790,000	9,009,000	7,319,000	7,459,000	9,827,000
deferred tax liabilities — current																																																																													1,489,000	1,800,000	1,357,000
long term debt — non current																																																																											155,000,000	155,000,000	180,000,000	180,000,000
deferred revenue — non current																																																																											3,561,000	3,561,000	3,134,000	2,143,000	2,673,000	1,549,000	1,376,000	4,169,000	6,462,000	5,051,000
deferred rent																																																																											1,967,000	1,967,000	2,301,000	3,662,000	2,667,000	2,627,000	2,369,000	858,000	1,506,000	1,098,000	976,000	976,000	917,000	859,000	859,000
deferred tax liabilities — non current																																																																											9,946,000	9,946,000	10,709,000	11,139,000	5,130,000	1,834,000	2,143,000	2,280,000	2,372,000	23,000	531,000	531,000	1,634,000		2,146,000
liability on outstanding derivative contracts — non current																																																																											23,163,000	23,163,000			3,674,000
minority interest																																																																											13,000	13,000	120,000
ordinary shares, 0.16 (10 pence) par value, authorized: 50,000,000 shares;
issued and outstanding: 42,607,403 and 42,363,100 shares, respectively																																																																											6,667,000	6,667,000
ordinary shares subscribed: nil and 1,666 shares, respectively
accumulated other comprehensive income																																																																											-49,710,000	-49,710,000	-28,337,000	-26,204,000	-6,383,000	14,220,000	20,313,000	20,387,000	17,406,000	13,235,000	11,869,000	11,869,000	9,329,000	6,791,000	6,791,000
deferred tax assets— current																																																																													672,000	538,000	743,000
foreign currency derivative contracts — current																																																																													10,184,000
property, plant and equipment																																																																													54,014,000	48,891,000	46,126,000	50,840,000
accrual for earn-out payment																																																																															33,360,000
liability on outstanding derivative and interest swap contracts — non current																																																																													11,818,000	3,214,000
issued and outstanding: 42,582,566 and 42,363,100 shares, respectively																																																																													6,664,000
deferred contract costs — non current																																																																														1,440,000	1,052,000	1,278,000
foreign currency derivative contracts — non current																																																																														779,000
short term line of credit — related parties																																																																														6,336,000
liability on outstanding derivative and interest swap contracts —current																																																																														14,366,000
ordinary shares, 0.16 (10 pence) par value, authorized: 50,000,000 shares; issued and outstanding: 42,569,239 and 42,363,100 shares, respectively																																																																														6,662,000
ordinary shares, 0.16 (10 pence) par value, authorized: 50,000,000 shares; issued and outstanding: 42,460,059 and 42,363,100 shares, respectively																																																																															6,641,000
ordinary shares subscribed: 10,776 and 1,666 shares, respectively																																																																															45,000
accounts receivable, net of allowable of 1,784 and 364, respectively																																																																																47,302,000
obligation under capital leases — current																																																																																				13,000
ordinary shares, 0.16 (10 pence) par value, authorized: 50,000,000 shares; issued and outstanding: 42,363,100 and 41,842,879 shares, respectively																																																																																6,622,000
ordinary shares subscribed: 1,666 and 30,022 shares, respectively																																																																																10,000
bank deposits																																																																																			12,000,000	12,000,000
employee receivable																																																																																	1,161,000	1,452,000	1,526,000
ordinary shares, 0.16 (£0.10) par value; authorized 50,000,000 shares
issued and outstanding: 42,120,137 and 41,842,879 shares, respectively																																																																																	6,574,000
ordinary shares subscribed, nil and 30,022 shares, respectively
obligations under capital leases — current																																																																																		6,000	10,000		26,000	26,000	47,000		121,000
issued and outstanding: 42,066,106 and 41,842,879 shares, respectively																																																																																		6,564,000
issued and outstanding: 41,906,477 and 41,842,879 shares, respectively																																																																																			6,531,000
ordinary shares subscribed, 21,006 and 30,022 shares, respectively																																																																																			117,000
obligation under capital leases — non current																																																																																							17,000		21,000
ordinary shares, 0.16 (10 pence) par value, authorized: 50,000,000 and 40,000,000 shares, respectively;
issued and outstanding: 41,842,879 and 35,321,511 shares, respectively																																																																																				6,519,000
ordinary shares subscribed: 30,022 and 4,346 shares, respectively																																																																																				137,000
deferred share-based compensation																																																																																					-57,000	-57,000	-180,000	-387,000	-387,000
preference shares, 0.20 (10 pence) par value authorized: 1,000,000 shares and none, respectively, issued and outstanding — none
ordinary shares, 0.20 (10 pence) par value authorized: 50,000,000 shares and 40,000,000 shares, respectively
issued and outstanding: 40,238,516 and 35,321,511 shares, respectively																																																																																					6,204,000	6,204,000
ordinary shares subscribed, 16,998 and 4,346 shares, respectively																																																																																					52,000	52,000
preference shares, 0.15 (10 pence) par value authorized: 1,000,000 shares and none, respectively, issued and outstanding — none
ordinary shares, 0.15 (10 pence) par value authorized: 50,000,000 shares and 40,000,000 shares, respectively
issued and outstanding: 39,918,332 and 35,321,511 shares, respectively																																																																																							6,144,000
ordinary shares subscribed, 163,511 and 4,346 shares, respectively																																																																																							421,000
line of credit																																																																																								4,347,000	4,347,000
obligations under capital leases – current																																																																																								121,000
obligation under capital leases – non current																																																																																								21,000
deferred tax liabilities – non current																																																																																								2,146,000
preference shares, 0.15 (£0.10) par value authorized: 1,000,000 shares and none, respectively. issued and outstanding – none
ordinary shares, 0.15 (£0.10) par value authorized: 50,000,000 shares and 40,000,000 shares, respectively
issued and outstanding: 35,328,173 and 35,321,511 shares, respectively																																																																																								5,291,000	5,291,000
ordinary shares subscribed, 57,337 and 4,346 shares, respectively																																																																																								142,000	142,000
preference shares, 0.15 (£0.10) par value authorized: 1,000,000 shares and none respectively. issued and outstanding — none

Cashflow Statements:

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-07-24	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-07-23	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-07-14	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-08-21

cash flows from operating activities:
net income	21,750,000	50,831,000	48,573,000	41,788,000	28,922,000																																																																											4,593,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization	15,855,000	14,614,000	14,138,000	13,975,000	13,865,000																																																			10,883,000
share-based compensation expense	11,672,000	9,443,000	8,618,000	8,326,000	11,155,000
amortization of debt issuance cost	125,000	100,000	108,000	109,000	90,000
allowance for expected credit losses	165,000		97,000	288,000	586,000
unrealized foreign currency exchange gain	-233,000
income from mutual funds	-2,295,000	-2,604,000	-2,335,000	-2,779,000	-2,814,000
loss on sale of property and equipment	-7,000
deferred tax benefit	-3,997,000		-705,000	-4,258,000	-2,291,000
unrealized loss on derivative instruments	2,858,000	-7,715,000	8,610,000	-10,211,000	3,214,000
reduction in carrying amount of operating lease right- of-use assets	8,246,000
changes in operating assets and liabilities, net of effects of acquisitions:
account receivables and unbilled revenue	-16,911,000	-10,223,000	11,933,000	-1,558,000	-3,398,000
other assets	-2,178,000	4,530,000	-6,246,000	-4,323,000	-4,826,000
account payables	-4,432,000	2,622,000	3,563,000	-2,557,000	-1,425,000
contract liabilities	2,560,000	-390,000	9,380,000	-2,654,000	4,569,000
other liabilities	-5,807,000	4,769,000	10,602,000	15,224,000	-29,996,000																																																			20,000
operating lease liabilities	-6,179,000	-8,259,000	-6,266,000	-7,964,000	-6,872,000
income taxes payable	8,307,000	-4,235,000	-360,000	-10,369,000	7,858,000																																																																											566,000
net cash from operating activities	29,499,000	53,394,000	88,735,000	43,624,000	21,408,000	67,630,000	73,651,000	68,456,000	19,500,000	84,329,000	70,294,000	34,499,000	15,839,000	67,921,000	56,900,000	47,312,000	15,321,000	75,587,000	56,281,000	56,724,000	25,134,000	68,645,000	62,464,000	45,513,000	51,999,000	44,939,000	59,487,000	30,571,000	14,657,000	39,826,000	38,349,000	44,041,000	14,092,000	30,710,000	25,780,000	17,963,000	17,682,000	31,575,000	27,717,000	26,581,000	16,994,000	16,994,000	28,819,000	28,064,000	25,450,000	13,205,000	13,205,000	25,378,000	22,581,000	25,295,000	8,137,000	17,865,000	25,777,000	15,007,000	6,162,000	16,308,000	16,875,000	-11,742,000	35,806,000	2,334,000	14,640,000	12,185,000	4,466,000	4,515,000	7,550,000	15,212,000	24,096,000	7,417,000	22,456,000	26,886,000	15,567,000	-2,012,000	20,321,000	5,278,000	15,863,000	-411,000	12,943,000	18,513,000	9,657,000	-1,795,000
capital expenditures	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-4,667,000	-10,749,000	-9,215,000	-5,854,000	-9,039,000	-11,515,000	-7,276,000	-7,379,000	-3,409,000	-6,905,000	-5,174,000	0	-3,615,000	-6,635,000	-8,598,000	-8,598,000	-5,447,000	-5,305,000	-8,348,000	-3,868,000	-3,868,000	0	0	0	0	0	-5,818,000	-7,572,000	-4,393,000	0	-4,687,000	2,301,000	-15,263,000	-6,752,000	0	0	0	0	0	0	0	0	0	0	0	0	0	-7,385,000	-8,947,000	-5,393,000	-4,458,000	-6,603,000	-7,400,000	-9,014,000
free cash flows	29,499,000	53,394,000	88,735,000	43,624,000	21,408,000	67,630,000	73,651,000	68,456,000	19,500,000	84,329,000	70,294,000	34,499,000	15,839,000	67,921,000	56,900,000	47,312,000	15,321,000	75,587,000	56,281,000	56,724,000	25,134,000	68,645,000	62,464,000	45,513,000	51,999,000	44,939,000	54,820,000	19,822,000	5,442,000	33,972,000	29,310,000	32,526,000	6,816,000	23,331,000	22,371,000	11,058,000	12,508,000	31,575,000	24,102,000	19,946,000	8,396,000	8,396,000	23,372,000	22,759,000	17,102,000	9,337,000	9,337,000	25,378,000	22,581,000	25,295,000	8,137,000	17,865,000	19,959,000	7,435,000	1,769,000	16,308,000	12,188,000	-9,441,000	20,543,000	-4,418,000	14,640,000	12,185,000	4,466,000	4,515,000	7,550,000	15,212,000	24,096,000	7,417,000	22,456,000	26,886,000	15,567,000	-2,012,000	20,321,000	-2,107,000	6,916,000	-5,804,000	8,485,000	11,910,000	2,257,000	-10,809,000
cash flows from investing activities:
payment for property and equipment and intangible assets	-14,834,000	-18,616,000	-12,090,000	-12,688,000	-10,723,000	-10,439,000	-10,271,000	-15,734,000	-17,839,000	-14,715,000	-11,422,000	-7,909,000	-10,905,000	-7,437,000	-6,123,000	-7,075,000	-7,692,000	-5,589,000	-8,016,000	-6,476,000	-6,449,000	-4,646,000	-4,806,000	-7,606,000	-10,802,000
proceeds from sale of property and equipment	11,000	20,630,000	48,000	90,000	82,000	144,000	125,000	81,000	194,000	61,000	81,000	378,000	48,000	93,000	258,000	39,000	11,000	157,000	4,000	21,000	7,000	26,000	5,000	46,000	5,000	17,000	6,000	74,000	23,000	83,000	136,000	123,000	25,000	65,000	43,000	306,000	29,000	0	156,000	116,000	57,000	57,000	242,000	105,000	142,000	117,000	117,000	3,000	7,000	0	49,000	84,000	63,000	97,000	52,000			-168,000	309,000	67,000	90,000	61,000														36,000	1,748,000	51,000	28,000	14,000
investment in fixed deposits	-7,059,000	-6,104,000	-4,522,000	-1,391,000	-6,384,000	-3,676,000	-11,614,000	-7,269,000	-21,717,000	-4,000,000	-7,934,000	-25,075,000	-39,544,000	-30,645,000	-22,267,000	-32,106,000	-14,454,000	-36,450,000	-13,714,000	-14,108,000	-9,464,000	-14,865,000	-18,425,000	-27,245,000	-15,442,000	-8,875,000	-6,914,000	-4,574,000	-7,536,000	-12,427,000
proceeds from maturity of fixed deposits	6,230,000	2,435,000	2,238,000	5,677,000	11,237,000	4,790,000	8,235,000	21,731,000	7,008,000	20,435,000	39,841,000	24,853,000	28,947,000	40,090,000	17,916,000	18,632,000	18,468,000	27,795,000	20,025,000	23,825,000	10,947,000	12,912,000	11,826,000	10,825,000	7,695,000	6,941,000	8,096,000	9,220,000	7,079,000
mutual funds sold/	38,942,000
net cash from investing activities	23,290,000					951,000	-16,309,000			-43,315,000			137,339,000	-25,149,000			67,127,000	-52,105,000	-13,726,000	-36,773,000	9,827,000	-32,783,000	-54,432,000			-31,385,000	-32,966,000	12,703,000	-19,699,000	-14,825,000	-43,301,000	-2,471,000	17,014,000	-150,972,000	19,689,000	-27,917,000	27,933,000	-30,251,000	-23,731,000	-8,513,000	32,373,000		-17,173,000	-2,689,000	-6,120,000	-14,263,000	-14,263,000						-38,805,000			-18,046,000	-19,840,000	2,606,000	-15,416,000	-6,685,000	-4,699,000	-3,636,000	-4,379,000	-2,702,000	-4,160,000	-434,000	-5,677,000	5,761,000	-15,499,000	-13,762,000	-261,995,000	-24,362,000	-15,669,000	-7,450,000	3,329,000	-38,748,000	-14,853,000	-6,552,000	-8,167,000	-9,000,000
cash flows from financing activities:
payment for repurchase of shares	-75,373,000	0	0	-71,728,000	-77,951,000	-71,549,000	-58,131,000	0	-85,622,000	0	0	-30,421,000	-51,210,000	0	0	0	-85,038,000	-50,863,000					0	-15,737,000	-48,000,000
repayment of long-term debt	-21,128,000	-8,000,000	-20,448,000	-8,000,000	-10,539,000	-8,000,000	-10,537,000	-8,000,000	-10,604,000					-8,400,000	0			-8,400,000	0			-14,150,000	0			-14,050,000	0
proceeds from long-term debt		35,000,000	0	0	100,000,000					0	100,936,000
proceeds from short-term borrowings	40,000,000	40,000,000	0	29,000,000	33,000,000
payment of debt issuance cost	-184,000	-35,000	-1,000	-138,000	-284,000					-647,000																				0	0	-56,000	-298,000																				0	-110,000	-133,000	-49,000	0	1,040,000	-1,093,000	-39,000	-22,000	-181,000	-356,000	-534,000	0	-40,000	0	-47,000
net cash from financing activities	-56,685,000	41,965,000	-61,097,000				-54,911,000	-45,963,000	-61,618,000			11,519,000	-25,808,000	-14,148,000	-7,650,000	-14,070,000	-91,253,000	-65,640,000	-34,434,000	-15,264,000	-2,424,000	-18,169,000	-4,926,000	-34,585,000	-54,052,000	-14,208,000	301,000								-29,520,000	-4,163,000	-22,101,000		118,000	-17,634,000	-38,061,000	-38,061,000		-19,806,000	-18,124,000	-2,828,000	-2,828,000						9,937,000					14,231,000	-28,992,000	-2,641,000	-14,169,000	-2,736,000	-18,853,000	6,766,000	-31,459,000	2,221,000	-28,002,000	-4,926,000	-1,700,000	-8,254,000	208,960,000	-66,000	1,986,000	1,363,000	1,635,000	683,000	10,335,000	-1,471,000	77,669,000	4,445,000
effect of exchange rate changes on cash, cash equivalents and restricted cash*	236,000	-308,000	-4,922,000	459,000	-113,000
net change in cash, cash equivalents and restricted cash	-3,660,000	5,512,000	8,507,000	8,707,000	-2,963,000
cash, cash equivalents and restricted cash at the beginning of the period	114,047,000		0	0	94,284,000
cash, cash equivalents and restricted cash at the end of the period	110,387,000		8,507,000	8,707,000	91,321,000
supplemental cash flow information:
cash paid for interest	3,768,000	28,410,000	-4,323,000	-5,129,000	-3,220,000
cash paid for income taxes	5,706,000
supplemental disclosure of non-cash investing and financing activities:
(i) liability towards property and equipment and intangible assets purchased on credit	10,121,000		-1,148,000	-265,000	8,919,000				9,298,000	5,746,000	1,315,000	497,000	4,815,000	3,091,000			7,462,000				4,331,000	3,225,000	109,000	-3,134,000	6,114,000	3,146,000	54,000	-1,410,000	4,324,000		-796,000	-3,238,000	6,354,000
(ii) lease liabilities arising from obtaining operating lease right-of-use assets	27,456,000	19,243,000	10,583,000	1,631,000	5,428,000
impairment of intangible assets
allowance/
unrealized foreign currency exchange loss
fair-value changes on contingent consideration		-238,000	-13,716,000
gain on sale of property and equipment																																																								53,000
deferred income tax benefit
reduction in the carrying amount of operating lease right-of-use assets
cash flows from investing activities
deferred consideration paid toward acquisition of molips
payment for business transfer										0
acquisition of vuram, net of cash acquired										0
acquisition of optibuy, net of cash acquired										160,000
acquisition of the smart cube, net of cash acquired										4,000
acquisition of kipi.ai, net of cash acquired
proceeds from working capital adjustment on acquisition of vuram						0	0
proceeds from working capital adjustment on acquisition of optibuy						0
proceeds from working capital adjustment on acquisition of the smart cube							0
mutual funds sold		-21,163,000	119,000
other investment
proceeds from redemption of mutual funds
cash flows from financing activities
payment of transaction charges toward exercise of rsus
contingent consideration paid toward acquisition of optibuy
contingent consideration paid toward acquisition of the smart cube
transaction charges on cancellation of treasury shares										0
repayment of short-term borrowings		-25,000,000	-38,000,000
cash, cash equivalents and restricted cash at the beginning of the period/year
cash, cash equivalents and restricted cash at the end of the period/year
(i) liability toward property and equipment and intangible assets purchased on credit
unrealized foreign currency exchange (gain)					-4,412,000
proceeds from working capital adjustment on acquisition of smartcube
deferred consideration paid towards acquisition of molips			0
net cash provided used in investing activities
contingent consideration paid towards acquisition of optibuy
contingent consideration paid towards acquisition of the smart cube
cash (paid)/refunded for income taxes			-9,657,000	-16,916,000	-3,278,000
(gain) on sale of property and equipment
reduction in carrying amount of operating lease right-of-use assets				7,255,000	7,149,000
loss/(gain) on sale of property and equipment					34,000
mutual funds					-62,696,000
net cash (used in)/provided by investing activities					-68,484,000				-265,000
net cash provided by/(used in) financing activities					44,226,000					-17,342,000
profit after tax
adjustments to reconcile profit after tax to net cash generated from operating activities:
amortization of debt issue cost																																																								107,000
allowances for expected credit losses
unrealized exchange (gain)/loss
income tax expense
interest expense																																																								-341,000																								-32,000
interest income																																																								-19,000
income from mutual fund
fair value change on contingent consideration
rent concession
excess tax benefit from share-based compensation expense						-1,565,000	473,000	110,000	210,000	-1,404,000	175,000	309,000	122,000	-2,015,000	295,000	476,000	182,000	-1,203,000	148,000	186,000	140,000	-1,549,000	78,000	225,000	248,000	-2,612,000	356,000	636,000	360,000	-928,000	177,000	-64,000	130,000	-537,000	20,000	56,000	191,000
unrealized loss/(gain) on derivative instruments
changes in operating assets and liabilities:
trade receivables and unbilled revenue
trade payables
cash generated from operating activities before interest and income taxes																																																								22,238,000
income taxes paid										-6,722,000	-10,236,000	-14,532,000	-4,269,000	-12,260,000	-10,636,000	-15,945,000	-31,000	-9,057,000	-11,099,000	-11,088,000	-2,291,000	-10,570,000	-7,546,000	-10,489,000	-2,575,000	-7,226,000	-6,898,000	-5,824,000	-3,044,000	-11,972,000	-5,776,000	-4,623,000	-4,894,000	-11,694,000	-6,421,000	-8,192,000	-3,155,000	-8,296,000	-5,774,000	-5,287,000	-3,115,000	-3,115,000	-5,272,000	-5,229,000	-5,606,000	-2,578,000	-2,578,000									-4,419,000
interest paid						-7,003,000	-6,684,000	-7,542,000	-6,670,000	-5,833,000	-3,817,000	-3,483,000	-2,837,000	-3,069,000	-3,220,000	-3,552,000	-3,551,000	-4,107,000	-3,533,000	-3,816,000	-2,998,000	-4,061,000	-4,085,000	-4,323,000	-2,711,000	-577,000	-589,000	-643,000	-712,000	-806,000	-819,000	-885,000	-880,000	-28,000	-13,000	-12,000	-31,000	-1,000	41,000	-122,000	-133,000	-133,000	-195,000	-318,000	-360,000	-455,000	-455,000						-766,000	-983,000	-1,094,000	-1,530,000	-1,150,000	5,570,000	-8,327,000	-1,339,000
interest received						411,000	457,000	1,092,000	1,514,000	3,185,000	1,130,000	440,000	645,000	1,340,000	443,000	325,000	1,469,000	1,750,000	928,000	1,834,000	423,000	754,000	647,000	710,000	726,000	685,000	678,000	597,000	529,000	1,986,000	433,000	510,000	398,000	1,360,000	202,000	262,000	180,000	-204,000	475,000	484,000	477,000	477,000	226,000	84,000	68,000	76,000	76,000	182,000	55,000	79,000	41,000	31,000	37,000	59,000	42,000	19,000	16,000	-85,000	112,000	12,000
proceeds from working capital adjustment on acquisition of the smartcube
deferred consideration paid towards acquisition of optibuy						0	0	0	-2,192,000
acquisition of ceprocs, net of cash acquired														0
acquisition of mol ips, net of cash acquired										0				0	-433,000
mutual fund sold/
profit on sale of mutual fund
proceeds from redemption of mutual fund
principal payment for lease liabilities																						-4,466,000	-5,004,000	-5,023,000	-6,300,000
payment of transaction charges towards exercise of rsus										0	0
net cash (used in)/provided by financing activities
exchange difference on cash and cash equivalents						-242,000	389,000	-2,811,000	-2,577,000	1,808,000	-2,252,000	-4,539,000	-10,021,000	-3,908,000	-1,963,000	-2,936,000	-208,000	-1,119,000	3,629,000	3,536,000	-529,000	-7,455,000	1,231,000	-3,122,000	930,000	783,000	-712,000	-3,466,000	-6,040,000	-1,228,000	972,000	472,000	3,105,000	2,053,000	824,000	3,599,000	-954,000	772,000	-4,084,000	-3,388,000	-1,489,000	-1,489,000	437,000	-2,440,000	-1,296,000	1,658,000	1,658,000						-3,061,000	398,000	-4,674,000	-1,786,000	-5,116,000	-10,830,000	3,381,000	192,000
net change in cash and cash equivalents						-7,139,000	2,820,000	8,812,000	-44,960,000	25,480,000	24,037,000	-147,121,000	117,349,000	24,716,000	-5,479,000	-7,704,000	-9,013,000	-43,277,000	11,750,000	8,223,000	32,008,000	10,238,000	4,337,000	-23,433,000	20,343,000	129,000	26,110,000	-6,902,000	-33,722,000	10,165,000	-13,350,000	-2,088,000	35,299,000	-866,000	16,773,000	-10,518,000	22,560,000	2,523,000	20,000	-2,954,000	9,817,000	9,817,000	-2,054,000	3,129,000	-90,000	-2,228,000	-2,228,000	5,394,000	-1,445,000				-6,152,000	-19,366,000	5,490,000	23,398,000	7,193,000	-5,735,000	-5,221,000	-6,800,000	-3,141,000	5,583,000	-14,182,000	6,519,000	-27,208,000	19,308,000	-10,136,000	11,416,000	2,303,000	5,300,000	-42,010,000	-29,360,000		-90,000	21,240,000	-36,965,000		11,081,000	80,593,000	-6,904,000
cash and cash equivalents at the beginning of the year
cash and cash equivalents at the end of the year
non-cash transactions:
investing activities
(ii) contingent consideration payable towards acquisitions
(iii) deferred consideration payable towards acquisitions
(iv) payable upon achievement of target
cash generated from operations							92,236,000	91,034,000	23,314,000		83,217,000	52,074,000	22,300,000		70,313,000	66,484,000	17,434,000		69,985,000	69,794,000	30,000,000		73,448,000	59,616,000	56,558,000		66,296,000	36,441,000	17,884,000		44,511,000	49,039,000	19,468,000		32,012,000	25,905,000	20,688,000		32,975,000	31,506,000	19,765,000	19,765,000		33,527,000	31,348,000	16,162,000	16,162,000		28,037,000	29,066,000	11,236,000		29,803,000	19,497,000	9,282,000			-25,471,000	57,732,000	5,703,000
income taxes refunded/(paid)							-12,358,000	-16,128,000	1,342,000
deferred consideration paid for acquisition of mol ips
profit on sale of marketable securities							1,458,000	524,000	1,166,000	448,000	330,000	243,000	6,706,000	299,000	90,000	639,000	1,293,000	-963,000	236,000	582,000	650,000	1,323,000	196,000	219,000	919,000	767,000	82,000	340,000	308,000
marketable securities sold							-4,489,000	-10,787,000	32,974,000		9,173,000	-36,918,000	139,832,000				69,501,000				14,136,000																														4,241,000				11,725,000
proceeds from sale of marketable securities											0	0	12,272,000
payment towards cancellation of treasury shares							0
proceeds from short term line of credit							29,701,000	0	39,896,000				31,708,000
repayment of short-term line of credit							-9,700,000				0
principal payment of lease liabilities							-6,717,000	-8,018,000	-5,498,000		-5,891,000	-6,919,000	-6,428,000		-7,835,000	-6,146,000	-6,397,000		-6,882,000	-7,050,000	-2,509,000
cash and cash equivalents at the beginning of the period							0	0	127,898,000		0	0	108,153,000		0	0	105,633,000		0	0	96,929,000		0	0	85,444,000		0	0	99,829,000		0	0	69,803,000		0	0	41,854,000		0	0	32,448,000	32,448,000		0	0	33,691,000	33,691,000	0	0	0	27,878,000	0	0			0
cash and cash equivalents at the end of the period							2,820,000	8,812,000	82,938,000		24,037,000	-147,121,000	225,502,000		-5,479,000	-7,704,000	96,620,000		11,750,000	8,223,000	128,937,000		4,337,000	-23,433,000	105,787,000		26,110,000	-6,902,000	66,107,000		-13,350,000	-2,088,000	105,102,000		16,773,000	-10,518,000	64,414,000		20,000	-2,954,000	42,265,000	42,265,000		3,129,000	-90,000	31,463,000	31,463,000	5,394,000	-1,445,000	6,305,000	23,437,000	1,181,000	-6,152,000			23,398,000			27,090,000
(i) liability towards property and equipment and intangible assets purchased on credit							51,000
acquisition of vuram
acquisition of mol ips													-17,000
proceeds towards working capital adjustment on acquisition of vuram									141,000
income from marketable securities
(gain)/loss on sale of property and equipment
marketable securities																		-37,055,000	-12,261,000			-25,795,000
proceeds from redemption of marketable securities
proceeds from short-term line of credit											0
(ii) contingent consideration payable towards acquisition
(iii) deferred consideration payable towards acquisition of mol ips
(ii) deferred consideration payable towards acquisition
(iii) contingent consideration payable towards acquisition
impairment of goodwill
deferred rent																																																								319,000																								859,000
payment of contingent considerations in relation to acquisitions
investment in mutual funds
(ii) release of restricted cash, held in escrow																						0	0	0	1,535,000		0	0	1,535,000
(iii) deferred consideration payable towards acquisition
marketable securities sold/
transaction charges paid on cancellation of treasury shares																			0	0	-55,000
net cash provided by/(used in) investing activities																									21,466,000
(i)liability towards property and equipment and intangible assets purchased on credit
(ii)deferred consideration payable towards acquisition
unrealized exchange loss/(gain)
unrealized (gain)/loss on derivative instruments
acquisition of hotelbeds group s.l.u
government grants repaid																														-86,000	-25,000
investment in marketable securities																										0	-1,000	0	-78,822,000
dividends received																										0	0	0	32,000	1,189,000	835,000	673,000	873,000
(i) liability towards property and equipment and intangible assets purchased on credit																			-1,753,000
(ii) release of restricted cash, held in escrow
payment of repurchase of shares
unrealized gain on investments
income from funds held in escrow
reversal of contingent consideration in relation to acquisition of healthhelp
adjustment towards acquisition of healthhelp
adjustment towards acquisition of denali																														-8,000	0
proceeds from restricted cash, held in escrow																																		0
government grant received																														32,000	0	0	168,000
proceeds from maturity of fixed maturity plans																														0	0
proceeds from exercise of stock options																														0	-1,000	40,000	1,308,000							308,000	625,000	625,000	211,000	-1,000	204,000	120,000	120,000	35,000	40,000	107,000	97,000	128,000				0	32,000	-680,000	779,000	82,000				447,000	2,262,000	650,000	914,000	107,000	-115,000	67,000	395,000	641,000		646,000	787,000	418,000		439,000
purchase of equity of non-controlling interest																														0	0	0	-52,000
government grant repaid
marketable securities (short-term) sold
marketable securities (short-term) sold/(purchased)																									39,091,000			18,392,000	68,432,000
unrealized exchange loss
current tax expense
deferred income taxes																																																								-1,266,000
others																																																								19,000
cash generated from operating activities before interest and income taxes:
acquisition of mts healthhelp inc. and its subsidiaries (“healthhelp”), net of cash acquired
repayment of long-term debt of healthhelp
acquisition of denali sourcing services inc. (“denali”), net of cash acquired
acquisition of value edge research services private limited (“value edge”), net of cash acquired
restricted cash, held in escrow																																		0	0
marketable securities (short-term) sold / (purchased)																										-15,419,000
repurchase of shares
(iii) liability towards deferred consideration
(iv) release of restricted cash, held in escrow
financing activities
(i) short-term line of credit of denali
working capital adjustment towards acquisition of healthhelp																															0
purchase of property and equipment and intangible assets																											-4,667,000	-10,749,000	-9,215,000	-5,854,000	-9,039,000	-11,515,000	-7,276,000	-7,379,000	-3,409,000	-6,905,000	-5,174,000
proceeds from restricted cash held in escrow																															0	0	239,000
buyback of shares																											-55,000	-33,296,000	-23,000,000	0	-9,546,000			-73,000	-29,540,000	-11,680,000	-22,931,000
deferred consideration paid towards acquisition of denali																																	-522,000
net cash from/(used) in financing activities																													-22,640,000				1,088,000
profit																																																								4,400,000
adjustments to reconcile profit to net cash generated from operating activities:
allowance for doubtful trade receivables
dividend income
reversal of contingent consideration in relation to acquisition
unrealized gain on derivative instruments
deferred revenue																																																								421,000																								6,810,000
acquisition of healthhelp, net of cash acquired
acquisition of denali, net of cash acquired
acquisition of value edge, net of cash acquired																																		-763,000	0	-1,000	-11,956,000
payment for telkom business combination, net of cash acquired																																						0
marketable securities (purchased)/sold
proceeds from long term debt																																																				0	0						64,895,000		0	0								-44,000
repayment of long term debt																														-14,050,000	0							0	0	-8,163,000	-5,000,000	-5,000,000	-6,629,000	0									0			-30,000,000	0	87,750,000	-107,750,000		-20,000,000	0			-35,000,000	0	-25,000,000	-5,000,000
repayments of short term borrowings																																									-13,051,000	-13,051,000													-2,616,000
(ii) contingent consideration payable towards acquisitions
(iii) liability towards deferred consideration
(iv) release of restricted cash, held in escrow
(i) short term line of credit of denali sourcing services inc.
marketable securities sold/(purchased)																															-21,103,000	7,705,000	23,507,000		21,898,000	-22,265,000	48,824,000		-21,468,000	174,000	8,881,000	8,881,000			912,000	-54,415,000	-54,415,000
(ii) contingent consideration payable towards acquisition of value edge
(iii) working capital adjustment amount payable towards acquisition of value edge
allowance for doubtful accounts																																																								872,000
loss/ (gain) on sale of property and equipment
acquisition of isoftstone assets and the related workforce
proceeds from sale of fixed maturity plans
proceeds from / (repayments of) short term borrowings
(iii) liability towards deferred consideration.
(i) short term line of credit of denali sourcing services inc.
dividend received																																			877,000	948,000	1,322,000	1,521,000	1,196,000	988,000	1,335,000	1,335,000	1,126,000	1,001,000	1,174,000	1,091,000	1,091,000	772,000	1,027,000	732,000	615,000	1,095,000	720,000	497,000	631,000
proceeds from exercise of share-based options																																			0	7,461,000	639,000
repayments of short-term borrowings
note: (i) liability towards property and equipment and intangible assets purchased on credit
note: (i) liability towards property and equipment and intangible assets purchased on credit / deferred credit
restricted cash balance																																					-5,112,000
note: liability towards property and equipment and intangible assets purchased on credit/deferred credit																																					3,376,000		1,056,000	1,282,000	1,449,000	1,449,000		-351,000	-422,000	2,008,000	2,008,000		521,000	-586,000	2,366,000
liability towards business combination																																									3,313,000	3,313,000
interest on deferred consideration
deferred consideration paid towards acquisition of fusion
investment in fixed maturity plans
proceeds from/(repayments of) short term borrowings
net cash provided used in financing activities
note 1: liability towards property and equipment and intangible assets purchased on credit/deferred credit
acquisition of isoftstone assets and personnel
purchase of property and equipment and intangibles																																							-3,615,000	-6,635,000	-8,598,000	-8,598,000	-5,447,000	-5,305,000	-8,348,000	-3,868,000	-3,868,000						-5,818,000	-7,572,000	-4,393,000
proceeds from sale of fixed maturity plan																																							0	-584,000	30,698,000	30,698,000	23,314,000			42,812,000	42,812,000
proceeds from exercise of share based options and rsus
purchase of treasury shares																																							0
excess tax benefit from share based compensation expense
repayment of short term borrowings																																							0
payment for business combination, net of cash acquired
excess tax benefit from share based compensation																																								18,000	36,000	36,000	-167,000	7,000	-3,000	64,000	64,000	-205,000	13,000	54,000	32,000	22,000	3,000			-347,000																				418,000
purchase of treasury stock																																									-20,671,000	-20,671,000
net cash from / (used in) investing activities																																										32,373,000
share-based compensation																																																								1,693,000
acquisition of isoftstone assets and the workforce
acquisition, net of cash acquired																																																					-644,000	-153,000	-6,256,000							0
marketable securities purchased																																											-26,764,000										-33,376,000
investments in fixed maturity plan
investment in fixed deposit
government grants received
direct cost incurred in relation to public offering																																																					0	0	-16,000
proceeds/(repayments) from short term borrowings
net cash from/ (used) in financing activities
fixed maturity plan (“fmp”) purchased
proceeds from sale of fmp
(repayments)/proceeds from short term borrowings																																													-12,947,000	-3,012,000	-3,012,000
fixed maturity plan (fmp) purchased
trade receivable and unbilled revenue
trade payable
purchase of remaining (35%) share of non-controlling interest
proceeds from issuance of ordinary shares through public offering
proceeds from short term borrowings																																																				15,813,000	9,784,000			-10,086,000	14,926,000
net cash provided (used) by financing activities																																																								26,922,000
investment in fixed maturity plan
earn-out payment
subscription of shares in a non-profit organization																																																											-2,000
proceeds from release of deposit
cash flows from operating activities
income tax paid																																																					-3,297,000	-3,566,000	-2,068,000			8,244,000	-13,711,000	-2,042,000
purchase of remaining (35%) share of noncontrolling interest
proceeds from release of deposits
net cash provided (used in) investing activities																																																							1,759,000
proceeds of long term debt																																																							5,000,000
excess tax benefits from share based compensation																																																							8,000			10,000	569,000	317,000
net cash provided (used in) financing activities																																																							2,243,000
cash and cash equivalents at the beginning of period																																																							46,725,000			-5,221,000	32,311,000	27,090,000
cash and cash equivalents at the end of period																																																							52,215,000					20,290,000
accounts receivable and unbilled revenue																																																								1,611,000
other current assets																																																								-6,649,000																								7,216,000
accounts payable																																																								10,015,000																								17,286,000
purchase of remaining (35%) stake in joint venture
purchase of property and equipment																																																									-4,687,000	2,301,000	-15,263,000	-6,752,000														-7,385,000	-8,947,000	-5,393,000	-4,458,000	-6,603,000	-7,400,000	-9,014,000
purchase of intangibles
marketable securities and deposits (purchased) sold																																																																-7,000
proceeds from sale from property and equipment
marketable securities and deposits sold																																																																		3,468,000	-3,239,000	9,226,000
contingent earn-out payment																																																											-494,000
marketable securities and deposits sold (purchased)																																																											34,000
proceeds from short term borrowings, net of repayments																																																											13,608,000
marketable securities and deposits purchased
(repayments) proceeds from short term borrowings																																																												-3,001,000
(gain) loss on sale of property and equipment
unrealized gain on marketable securities
excess tax benefits from share-based compensation																																																													-905,000	23,000	-436,000	749,000	-3,047,000	253,000	471,000	498,000	682,000	367,000	671,000	506,000	-3,600,000	717,000			-6,546,000	40,000
other
changes in operating assets and liabilities
acquisitions, net of cash acquired																																																																													-143,000
facility and property cost																																																													-4,787,000	-3,697,000	-4,029,000	-2,750,000	-4,337,000	-2,555,000	-2,599,000	-3,766,000		-11,221,000	-3,150,000	-2,429,000
proceeds from issue of shares by subsidiary to redeemable noncontrolling interest
proceeds from (repayments of) short term borrowings																																																													5,608,000	-2,631,000	4,527,000	6,104,000
principal payments under capital leases																																																																	1,000	-1,000	-12,000	-45,000		-13,000	-166,000	-3,000		0	-4,000	-3,000	-11,000	-39,000	-49,000	-74,000
effect of exchange rate changes on cash and cash equivalents																																																																-2,060,000	861,000	2,309,000	-553,000	3,164,000		430,000	-4,542,000	-2,920,000	-465,000	719,000	413,000	1,511,000	597,000	591,000	1,434,000	-554,000
cash and cash equivalents at beginning of year
cash and cash equivalents at end of year
supplemental disclosure of cash flow information:
assets acquired under capital lease
cash flows from related parties
marketable securities sold and deposits																																																														0
ordinary shares issued and subscribed																																																														53,000																		147,000
effect of exchange rate changes on cash																																																														-230,000
cash and cash equivalents at beginning of period																																																														0	0	32,311,000		0	0	38,931,000	0	0	0	102,698,000		0	0	112,340,000		0	0	18,549,000
cash and cash equivalents at end of period																																																														5,583,000	-14,182,000	38,830,000		19,308,000	-10,136,000	50,347,000	2,303,000	5,300,000	-42,010,000	73,338,000		-90,000	21,240,000	75,375,000		11,081,000	80,593,000	11,645,000
proceeds from sale of assets																																																																55,000	84,000	114,000	161,000	301,000	123,000	50,000	67,000	102,000		36,000
impairment of goodwill, intangibles and other assets
unrealized (gain) loss on derivative instruments
acquisitions, net of cash received																																																																	0				231,000	-2,437,000	-261,937,000	-26,851,000		-101,000	-1,323,000	-33,391,000
transfer of delivery centre to aviva																																																																									0	0
ipo expenses paid
proceeds from issue of shares by subsidiary to non controlling interest
short term borrowing — related parties
retained earnings																																																																																8,697,000
accumulated other comprehensive loss
wns (holdings) limited shareholders’ equity
noncontrolling interest
total equity
total liabilities and equity
short term (repayments) borrowing
repayment of short term line of credit																																																																				-439,000
assets
current assets
cash and cash equivalents																																																																																11,645,000
bank deposits and marketable securities
accounts receivable, net of allowance of 1,935 and 1,784, respectively
accounts receivable — related parties
funds held for clients																																																																																3,001,000
employee receivables
prepaid expenses																																																																																2,578,000
prepaid income taxes
deferred tax assets																																																																																339,000
total current assets																																																																																54,880,000
goodwill																																																																																34,542,000
intangible assets																																																																																8,243,000
property and equipment																																																																																34,369,000
other assets — non current
deposits																																																																																2,394,000
deferred tax assets — non current
total assets																																																																																137,032,000
liabilities and shareholders’ equity
current liabilities
accounts payable — related parties
long term debt — current
short term line of credit
accrued employee costs																																																																																8,237,000
deferred revenue — current
deferred tax liabilities — current
accrual for earn out payment
other current liabilities																																																																																12,184,000
total current liabilities																																																																																50,446,000
long term debt — non current
deferred revenue — non current
accrued pension liability
deferred tax liabilities — non current
liability on outstanding derivative contracts — non current
commitments and contingencies
total liabilities
minority interest
shareholders’ equity:
ordinary shares, 0.16 (10 pence) par value, authorized: 50,000,000 shares;
issued and outstanding: 42,607,403 and 42,363,100 shares, respectively
additional paid-in-capital																																																																																63,026,000
ordinary shares subscribed: nil and 1,666 shares, respectively
accumulated other comprehensive income																																																																																6,791,000
total shareholders’ equity																																																																																83,560,000
total liabilities and shareholders’ equity																																																																																137,032,000
purchase of facilities and property cost
purchase of marketable securities and deposits
proceeds from issuance of long term debt
initial public offering expenses
principal repayments under capital lease
effect of exchange rate changes on cash and cash equivalent
marketable securities and deposits																																																																						-154,000	3,025,000	4,816,000
short term borrowing availed
short term borrowing repaid
short term borrowing
ipo expenses																																																																										0
repayment of short-term borrowing																																																																								-1,210,000
amortization of deferred financing cost
deferred rent expenses
income accrued on marketable securities
changes in operating assets and liabilities, net of effect of acquisitions:
accounts receivable
facilities and property cost
proceeds from ipo, net of expenses
repayment of note payable
net increase in cash and cash equivalents
shares issued for the acquisition of trinity partners inc.
bank deposit																																																																										0
proceeds from initial public offering (“ipo”), net of expense
proceeds from line of credit																																																																																4,404,000
initial public offering (ipo) expenses																																																																												-150,000
bank deposits
proceeds from note payable, net of financing cost
cash paid (refund) for income taxes
assets acquired under capital leases
proceeds from initial public offering (‘ipo’), net of expenses																																																																														-1,911,000
acquisitions
accounts receivable, net of allowance of 404 and 373, respectively																																																																																30,101,000
line of credit																																																																																4,347,000
obligations under capital leases – current																																																																																121,000
deferred tax liabilities																																																																																895,000
obligation under capital leases – non current																																																																																21,000
deferred tax liabilities – non current																																																																																2,146,000
preference shares, 0.15 (£0.10) par value authorized: 1,000,000 shares and none, respectively. issued and outstanding – none
ordinary shares, 0.15 (£0.10) par value authorized: 50,000,000 shares and 40,000,000 shares, respectively
issued and outstanding: 35,328,173 and 35,321,511 shares, respectively																																																																																5,291,000
ordinary shares subscribed, 57,337 and 4,346 shares, respectively																																																																																142,000
deferred share-based compensation																																																																																-387,000
revenue
third parties																																																																																49,049,000
related parties																																																																																3,977,000
cost of revenue																																																																																37,430,000
gross profit																																																																																15,596,000
operating expenses
selling, general and administrative expenses																																																																																10,130,000
amortization of intangible assets																																																																																471,000
operating income																																																																																4,995,000
other income																																																																																-35,000
income before income taxes																																																																																4,928,000
provision for income taxes																																																																																-335,000
basic income per share																																																																																130
diluted income per share																																																																																120
offering costs																																																																																-32,000

WNS Limited(NYSE:WNS)

WNS Limited
(NYSE:WNS)