Mumbai:
WNS Global Services, India's No.1 business process outsourcing (BPO) firm
(NASSCOM-ITES rankings 2004), has today announced $165 million as revenues
for the financial year 2004-05, based on US GAAP guidelines. This is a 60
per cent
growth in revenues from last year. The
company, established in 1996, is one of the pioneers in offshore business
process outsourcing and currently serves clients in the travel, insurance,
healthcare, and knowledge services sectors. WNS
has 7500 skilled associates at its offshore delivery centres in Mumbai, Pune,
Nashik, Gurgaon (India), Ipswich (UK) and Colombo (Sri Lanka) as well as has
business development and program management offices at New York, Fort Lauderale
(US) and London (UK). Commenting
on the performance, Zubin Dubash, group CFO, WNS Global Services adds, "2004-05
has been a very successful year for WNS, earmarked with expansion and acquiring
new medium to large customers. We will continue to expand and invest in our
key lines of business to bring depth in the BPO business. With a strong pipeline
of clients WNS is well placed to grow at 40% in the 2005-06 financial year." "We
see a healthy industry and a strong WNS in 2005-06. Our industry focussed
broad-based BPO service model works and is distinctive. The market and our
customers are increasingly recognising our industry expertise and our leadership
on managing transformations covering a diverse range of business processes,"
says Neeraj Bhargava, group CEO, WNS Global Services. WNS
has been ranked the "best performing BPO provider" and "leader
in human capital development" in the Offshore & NeoIT survey
across 13 countries.
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