IT outsourcer Xansa has posted a near-30% increase in
operating profits for the year ending 30 April, as it continues to
expand its Indian outsourcing operation.
Operating profits reached £21.6m on the back of a 3.5% increase
in sales of £376.4m. The company also returned to pre-tax
profitability with a £10.8m profit compared with last year’s £29m
loss.
Xansa reported a 36% increase in UK public sector work, partly
as a result of its new contract with the NHS. New private clients
included Vodafone, Scottish Widows, Prudential, Yorkshire Water,
Southern Water, BSkyB, Invensys and Littlewoods.
The company’s Indian workforce increased by almost 50% to 2,815
people as the company offshored more of its clients’ work to cut
costs further.
Xansa chairman Bill Alexander said, “Major restructuring is
behind us and our business model of UK clients and integrated
UK-India delivery is beginning to show results, with nearly half
our people now working in India.”
Xansa currently employs a total of 6,800 people.