In The Spotlight
Zensar profit net up by 35 % at Rs 20.22 cr
BS Reporter / Pune, 16-01-2009, 16:05 IST
Leading software solution company and BPM services provider Zensar Technologies Ltd has reported a good year-on-year profit growth for the quarter ended December 31. It posted a y-o-y net profit of Rs 20.22 crore as against Rs 15.02 crore posted during the same period of the previous year reflecting a growth of 34.6 per cent.
The company revenues grew to Rs 249.43 crore; a 25.21 per cent increase over revenues worth Rs 199.20 crore posted during the same quarter previous year. The firm's earnings per share (EPS) rose from Rs 6.27 to Rs 8.44 with a 35 percent y-o-y increase.
“In spite of the current market scenario the company has announced profits with a significant year-on-year growth of 35 per cent in profit after tax. Zensar’s strong relationships with existing customers; steady movement on the customer acquisition front and focus on internal capability building have stood us in good stead,” Dr Ganesh Natarajan, vice chairman and managing director, Zensar said in a press release.
Zensar Technologies is among the top 25 software services providers from India. It operates in areas like retail, manufacturing, banking, finance, insurance, telecommunications, utilities and pharmaceuticals. Zensar has more than 5,000 employees with sales and operations present across US, UK, Germany, Sweden, Finland, Middle East, South Africa, Hong Kong, Singapore, Australia, Japan and China.
Lavanya Jayaram - Head, Corporate Innovation Group, Zensar Technologies Tel: +91-20-66057851/98817 45380