Zensar Tech secures orders worth Rs 100cr
News | 24 Jul 2013
Software services exporter Zensar Technologies said it has secured orders of over Rs 100 crore in infrastructure and application management so far in the current fiscal. Zensar Technologies has announced number of significant wins at the start of the new financial year, in both infrastructure management service and application management areas, the Pune-based firm said in a release. The wins in the last few weeks are valued at over Rs 100 crore and the company's order book continues to be healthy in the infrastructure and applications businesses. The order pipeline across all markets is in excess of $300 million, it added. "After our transition from Akibia to a fully integrated multi-shore business, we have seen tremendous uptick in customer demand for all the new services. We are particularly pleased with our Private Cloud transition services and expect that this will lead the way to our double digit growth plans for this year," Zensar Infrastructure Business Unit (IBU) chief executive Vivek Gupta said.
The RPG group firm posted a 11.6 per cent jump in net profit at Rs 60.94 crore for the first quarter ended June 30, against Rs 54.56 crore. On the deal pipeline, Zensar vice-chairman and chief executive Ganesh Natarajan had said earlier: "We have a deal pipeline of about $300 million, of which $100 is for infrastructure management while the remaining is for our traditional core offerings."