UPDATE 1-Emergency Medical Q1 profit tops Wall Street view

* Q1 EPS $0.56 beats Wall Street by 6 cents

* Revenue rises 8 pct to $613.0 mln

May 5 (Reuters) - Emergency Medical Services Corp EMS.N posted a 41 percent rise in quarterly profit, beating market expectations, helped by new contract wins.

For the first quarter, the company posted net income of $24.1 million, or 56 cents a share, compared with $17.0 million, or 40 cents a share, a year ago.

Revenue rose 8 percent to $613.0 million.

The increase in revenue is attributable mainly to the addition of 86 net new contracts since Dec. 31, 2007, the company said in a statement.

Analysts on average expected earnings of 50 cents a share, excluding special items, on revenue of $615.1 million, according to Reuters Estimates.

Shares of the company closed at $35.77 Monday on the New York Stock Exchange.

For the alerts, double-click [ID:nWNAB3139] (Reporting by Anand Basu in Bangalore; Editing by Vinu Pilakkott)