Pune: IT and BPO services provider Zensar Technologies has reported 47 per cent growth in profits during the year 2009-10 on a 5 percent revenue rise.
The company said in a press release on Thursday that the revenues for the year 2009-10 were Rs 952.76 crore as compared with the Rs 908.08 crore r eve n u e s earned in 2008-09. The net income grew from Rs 86.56 crore in 08-09 to Rs 127.56 crore in 2009-10, the press release said.
Elaborating, Ganesh Natarajan, vice chairman and MD of the company said in the press release, “Though the economic environment continues to be volatile, we have delivered a strong net income growth in the year. With order booking in all geographies across all our service areas, we are very confident of continuing our successful run during the current financial year.”
The company has added 25 new customers during the last quarter of the year 2009-10. Six new customers, which include two leading life insurance companies in South Africa and one in the UK, two utilities customers in the domestic market and an airline major in Australia, have a potential of becoming multi-million dollar accounts, the press release said.
The company has created four independent strategic business units and appointed very senior managers to head them, the communication said. Vivek Gupta - erstwhile head of the India operations will now be the chief executive of Global Transformation Services, Zensar’s largest business unit. Gopalji Mehrotra, a seasoned human resource leader with a proven track record nationally and internationally in ITC and Kennametal USA, will be the global head of Human Resources.
