Zensar Q4 profits up 14%

Pune-based Zensar Technologies reported a 13.9 per cent rise in profit after tax for the quarter ended March 31 at Rs. 827 crore, compared with Rs. 727 crore last year. In dollar terms, the company reported PAT of $11.7 million, a year-on-year growth of 4 per cent.

Revenues for the quarter were at Rs. 1,057 crore, a 29.8 per cent growth from the same quarter last year. Digital services contributed 46.4 per cent of Q4 FY19 revenues and 44.7 per cent of FY19 revenues. EBITDA grew 20.2 per cent sequentially in Q4 FY19, and 22 per cent for FY19.

Sandeep Kishore, CEO and MD, Zensar Technologies, said: “FY19 has been a very good year for us with sustained improvement across all aspects of our business. We continue to invest in our market-winning ROD NeXT suite of digital platforms and solutions.”