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Dec 31, 2024

WNS Q3 2025 Earnings Report

WNS's revenue and profit increased, driven by new client additions and expansion of existing relationships.

Key Takeaways

WNS reported a revenue of $333.0 million, a 2.1% increase year-over-year, and a profit of $48.6 million, compared to $41.5 million in the same quarter last year. The company added 7 new clients and expanded 52 existing relationships. Fiscal year 2025 guidance was updated to reflect these results.

Revenue increased by 2.1% year-over-year to $333.0 million.

Profit increased to $48.6 million, compared to $41.5 million in the same quarter last year.

Added 7 new clients and expanded 52 existing relationships during the quarter.

Fiscal year 2025 revenue less repair payments is expected to be between $1,255 million and $1,271 million.

Total Revenue
$319M
Previous year: $326M
-2.2%
EPS
$1.04
Previous year: $1.18
-11.9%
Days Sales Outstanding
34
Previous year: 35
-2.9%
Gross Profit
$117M
Previous year: $109M
+7.3%
Cash and Equivalents
$102M
Previous year: $260M
-60.9%
Total Assets
$1.41B
Previous year: $1.48B
-4.8%

WNS

WNS

Forward Guidance

WNS updated its guidance for the fiscal year ending March 31, 2025.

Positive Outlook

  • Revenue less repair payments is expected to be between $1,255 million and $1,271 million.
  • Guidance assumes an average GBP to USD exchange rate of 1.25 for the remainder of fiscal 2025.
  • Adjusted Net Income (ANI) is expected to range between $205 million and $209 million.
  • Guidance assumes an average USD to INR exchange rate of 85.5 for the remainder of fiscal 2025.
  • Adjusted diluted earnings per share is expected to be in the range of $4.46 to $4.55.

Challenges Ahead

  • Revenue less repair payments reflects -2% to -1% on a reported basis, and -3% to -1% on a constant currency basis as compared to fiscal 2024.
  • ANI guidance includes a one-time benefit in Q4 of $12.2 million relating to a facility asset sale in India.
  • Capital expenditures are expected to be up to $60 million for the year.
  • Guidance is based on current visibility levels and exchange rates.
  • The updated forecast reflects a decrease compared to the $1,284.3 million in revenue less repair payments in fiscal 2024.