Zensar Technologies Q4 net profit down 84% to Rs 10 crore

Zensar Technologies had posted a net profit of Rs 68.96 crore in the year-ago period.


Zensar Technologies’  total income from operations fell by 0.12% to Rs 743.77 crore in the March quarter. Photo: AFP
Zensar Technologies’ total income from operations fell by 0.12% to Rs 743.77 crore in the March quarter. Photo: AFP

New Delhi: Mid-sized software services firm Zensar Technologies on Wednesday reported an 84.44% fall in consolidated net profit at Rs 10.73 crore for the March quarter.

The Pune-headquartered firm had posted a net profit of Rs 68.96 crore in the year-ago period. Its total income from operations fell by 0.12% to Rs 743.77 crore in the January-March period last fiscal from Rs 744.71 crore in the same quarter of 2015-16.

In a separate filing, Zensar said its board has recommended final dividend of Rs 7 per equity share for the year 2016-17. Shares of the company were trading 8% lower at Rs 843.50 apiece on BSE.

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