"In a rapidly changing market, our approach remains focused on leveraging technology to adapt our services to client needs," said WNS CEO.
— CEO
03Detailed Report
WNS
WNS Holdings Limited
Period
Q2 2025
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedJun 21, 2026
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Executive Summary
WNS Holdings Limited (WNS) reported revenues of $322.6 million in Q2 2025, representing a slight decline of 3.38% year-over-year and marginally down 0.16% quarter-over-quarter. Despite the revenue dip, net income rose significantly to $41.8 million, a 44.49% increase compared to the prior quarter, primarily driven by improved operating efficiencies and cost management. Management emphasized a focus on strategic initiatives to enhance productivity and adapt to market fluctuations, indicating confidence in the company's long-term growth potential.
The adjusted earnings per share for the quarter was $0.96, illustrating a year-over-year decline of 21.31% but a recovery of 50% quarter-over-quarter. This recovery in profitability showcases the resilience of WNS amidst challenging revenue conditions and reaffirms its operational agility. Overall, management's commentary reflects a commitment to leveraging technology and analytics to enhance service offerings, aiming to meet the evolving needs of clients across various sectors.
Key Performance Indicators
Revenue
Decreasing
322.61M
QoQ: -0.16% | YoY: -3.38%
Gross Profit
Decreasing
115.33M
35.75% margin
QoQ: 1.46% | YoY: -6.75%
Operating Income
Decreasing
41.32M
QoQ: 7.11% | YoY: -16.95%
Net Income
Decreasing
41.79M
QoQ: 44.49% | YoY: -27.72%
EPS
Decreasing
0.96
QoQ: 50.00% | YoY: -21.31%
Revenue Trend
Margin Analysis
Financial Highlights
### Financial Metrics Overview:
- Revenue: $322.6 million (YoY -3.38%, QoQ -0.16%)
- Gross Profit: $115.3 million (YoY -6.75%, QoQ +1.46%)
- Net Income: $41.8 million (YoY -27.72%, QoQ +44.49%)
- Earnings Per Share (EPS): $0.96 (YoY -21.31%, QoQ +50%)
Analysis: The decrease in revenue underscores a challenging market environment; however, management's ability to transform operational efficiency directly contributed to an improved net income. The gross profit margin remained stable at 35.75%, indicating that cost-control measures are effective even amid declining revenues. The management's commentary about focusing on enhancing service delivery through technology aligns with these metrics, suggesting a proactive approach to improving profitability.
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
322.61M
-3.38%
-0.16%
Gross Profit
115.33M
-6.75%
1.46%
Operating Income
41.32M
-16.95%
7.11%
Net Income
41.79M
-27.72%
44.49%
EPS
0.96
-21.31%
50.00%
Key Financial Ratios
Gross Profit Margin
Fair
35.70%
Gross profit margin is moderate, room for improvement in cost management
Operating Profit Margin
Fair
12.80%
Operating margin is moderate, room for improvement in cost management
Net Profit Margin
Good
13.00%
Net profit margin is healthy and competitive within industry standards
Return on Assets
Weak
2.88%
Return on assets suggests inefficient capital allocation
Return on Equity
Fair
5.67%
Return on equity is acceptable but below top-tier companies
Current Ratio
Healthy
1.62
Current ratio shows adequate liquidity to meet short-term obligations