In The Spotlight | Date: 26th April, 2012 | Hindu Business Line

Zensar Technologies reported a 20.5 per cent increase in net profit at Rs 158 crore for the year ended March 31, 2012. However, net profit on a q-o-q basis dipped to Rs 39.29 crore from Rs 52.29 crore in the December 2011 quarter. Revenues grew by 56 per cent on a year-on-year basis to Rs 1,794 crore.
The increase in revenues was mainly due to good performance in their infrastructure and application management business. “The drop in the net profit was primarily due to the currency fluctuation. We expect to grow 15-18 per cent in terms of revenue next year,” said Dr Ganesh Natarajan, Vice-Chairman and MD, Zensar. During the year, Zensar and its subsidiaries added 112 new clients. The stock closed at Rs 195.15, down 16 per cent from its previous close on the BSE.

About Zensar Technologies (http://www.zensar.com/)

Zensar Technologies is among the top 20 software services providers from India. Zensar is the world's first enterprise-wide SEI CMM Level 5 Company and was also later certified as a CMMI Level 5 Company with industry expertise that spans Retail, Manufacturing, Banking, Insurance, Utilities, Healthcare and Life Sciences. An RPG Group company, Zensar has more than 6000 employees with sales and operations presence across US, UK, Germany, Sweden, Finland, Middle East, South Africa, Singapore, Australia, China and Japan. The Company delivers comprehensive services in mission-critical applications, enterprise applications, e-business, BPM and Knowledge Services. The Company has developed tools and methodologies, including the proprietary Solution BluePrint (SBP), which enables its clients with innovative business solutions and a rapid 'go-to-market' capability. The Company supports Fortune 500 clients with software business solutions that help them compete in the digital economy.

For further information, please contact:

Shaonlee Bose
Market Innovation
Zensar Technologies
+91-20-66057845 | +91-99230-74441
email: s.bose@zensar.com

Janki Sampat
Market Innovation
Zensar Technologies
+91-20-66057511/ +91-9764005810
email: janki.sampat@zensar.com