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Zensar Technologies Ltd Q1FY24; 108% rise in Profits

Zensar Technologies is a leading digital solutions and technology services company. It is a part of the Mumbai-based RPG group and is headquartered in Pune, India. It operates in two segments: Application Management Service and Infrastructure management service. It is focused on industry verticals, such as Hitech & manufacturing, consumer services, and banking, financial services, and insurance. They have offices located in India, the USA, UK, Europe, and Africa.

Financial Results:

Zensar Technologies Ltd reported Revenues for Q1FY24 of ₹1,227.00 Crores up from ₹1,203.00 Crore year on year, a rise of 2.0%.

Total Expenses for Q1FY24 of ₹1,045.00 Crores down from ₹1,122.00 Crores year on year, a fall of 6.86%.

Consolidated Net Profit of ₹156.00 Crores up 108.0% from ₹75.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.90, up 107.83% from ₹3.32 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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