Zensar Technologies Q1 profit rises 36% to Rs76.08 crore1 min read . Updated: 15 Jul 2015, 04:10 PM IST
Zensar reports an increase in its profit for the June quarter on higher revenue and other income; net sales rose 16% to Rs704.64 crore
Mumbai: Zensar Technologies Ltd on Wednesday reported a 36% increase in its profit for the June quarter on higher revenue and other income.
Net profit rose to ₹ 76.08 crore from ₹ 55.96 crore a year ago. Net sales rose 16% to ₹ 704.64 crore.
A Bloomberg survey of analysts had estimated that the company may post a profit of ₹ 72.30 crore and net sales at ₹ 677.40 crore.
Other income rose 90.1% from a year ago to ₹ 13.44 crore.
Shares of Zensar Technologies rose 8.25% to ₹ 744.75 on BSE, while the exchange’s benchmark Sensex rose 0.95% to 28,198.29 points.