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In The SpotlightZensar Posts 35% profit for 2008-0922-04-2009, Times of IndiaGlobal Information technology and BPO company Zensar Technologies Limited services provider reported 16 percent higher revenues and a 35 percent higher profit after taxes for the year 2008-09 as against revenues and profits after tax last year (2007-08). A press release from the company said the consolidated revenues for the year 2008-09 were 16 percent higher at Rs 908.08 crore as compared with total revenues of Rs 782.93 crore last year. The profits after tax for the year 2008-09 were 35 percent higher at Rs 86.56 crore as compared with profits after tax for the year 2007-08 at Rs. 64.03 crore, the release said. For the fourth quarter, revenue was up from Rs. 204.00 crore to Rs 214.76 crore as against same quarter last year, showing 5 percent growth. Net income was Rs 23.03 crore against Rs 21.54 for the same quarter last year. Dr Ganesh Natarajan, Vice Chairman and MD, Zensar said, “The continuing success of Zensar in spite of a tough economic environment is a result of our emphasis on innovation and geography, segment and service derisking. Our portfolio of services has doubled in the last three years with over forty percent of current year revenues coming from new service areas like Business Intelligence, Remote Infrastructure Management and Consulting ---------------------------------------------------------------------------
Parul Vaidya - Corporate Innovation Group, Zensar Technologies, |
