|WNS (HOLDINGS) LTD filed this Form 6-K on 08/06/2018|
The following table presents our results of operations for the periods indicated:
Results for the three months ended June 30, 2018 compared to the three months ended June 30, 2017
The following table sets forth our revenue and percentage change in revenue for the periods indicated:
The increase in revenue of $19.7 million was primarily attributable to revenue of $17.6 million from new clients, and an increase in revenue from existing clients of $4.6 million, partially offset by a decrease in hedging gain on our revenue by $2.6 million to a gain of $0.8 million for the three months ended June 30, 2018 from a gain of $3.4 million for the three months ended June 30, 2017. The increase in revenue was primarily attributable to higher volumes in our insurance, shipping and logistics, healthcare, diversified businesses, travel, consulting and professional services, and banking and financial services verticals. The increase was contributed by an appreciation of the pound sterling, the South African rand and euro by an average of 6.7%, 4.3% and 8.7%, respectively, against the US dollar for the three months ended June 30, 2018 as compared to the respective average exchange rates for the three months ended June 30, 2017, partially offset by a lower volume from our utilities vertical.