In The Spotlight

Zensar Tech sees net rise 28 pc in FY09

25-04-2008, Economic Times

Software services firm Zensar Technologies Ltd sees its net profit rise 28 per cent to Rs 820 million in 2008/09, it said on Thursday.

For the year ended March, it reported a 12 percent rise in net profit to Rs 640.3 million, while revenue rose 29 percent to Rs 7.83 billion.

For the quarter to March, its net profit rose 25 percent to 215.4 million rupees, while revenue rose 19 per cent to Rs 2.04 billion.

"Our profit growth of 25 percent demonstrates the successful integration of our acquisitions and the continuing results of our cost optimisation efforts," Chief Financial Officer, S. Balasubramaniam, said in a statement.

It added 23 clients during the quarter and ended it with 4,483 employees. Shares in the company closed up 0.9 per cent at 144.95 rupees on the BSE, which closed up 0.14 per cent.

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Lavanya Jayaram - Head, Corporate Innovation Group, Zensar Technologies
Tel: +91-20-66057851/98817 45380