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Business News/ Companies / Zensar Technologies’ Q1 net falls 8%
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Zensar Technologies’ Q1 net falls 8%

Zensar's June quarter profit declines to `55.96 crore from `60.94 crore year ago

Zensar Technologies’ revenue grew 13.8% to `604.78 crore in June quarter this fiscal from `531.28 crore a year ago. Photo: Pradeep Gaur/MintPremium
Zensar Technologies’ revenue grew 13.8% to `604.78 crore in June quarter this fiscal from `531.28 crore a year ago. Photo: Pradeep Gaur/Mint

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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Published: 24 Jul 2014, 11:07 PM IST
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