Zensar Technologies’ Q1 net falls 8%
Zensar's June quarter profit declines to `55.96 crore from `60.94 crore year ago
Mumbai: Software services provider Zensar Technologies Ltd said net profit declined by 8% to ₹ 55.96 crore in the three months ended 30 June from ₹ 60.94 crore in the year-ago period. Net profit rose 1.2% on a sequential basis from ₹ 55.25 crore in the March quarter.
Revenue grew 13.8% to ₹ 604.78 crore from ₹ 531.28 crore a year ago. On a sequential basis, revenues rose 0.37% from ₹ 602.54 crore in the preceding quarter.
Results were declared after market hours.
Shares of Zensar Technologies closed 3.86% down at ₹ 439.95 on Thursday, while the benchmark Sensex closed 0.48% up to 26,271.85 points.
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