Business Daily from THE HINDU group of publications Saturday, Jul 26, 2008 ePaper | Mobile/PDA Version | Audio |
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Info-Tech
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Financial Performance Corporate Results - Outsourcing Zensar Tech: First quarter revenue, PAT up
Our Bureau Pune, July 25 Zensar Technologies, a player in the IT and BPO services segment, has recorded a 85 per cent rise in profit after tax of Rs 24.73 crore for the first quarter of the current fiscal as compared with Rs 13.35 crore for the corresponding period last year. Revenue for the period touched Rs 211.07 crore (Rs 187.90 crore). The EPS has risen from Rs 5.58 to Rs 10.32, an 85 per cent year-on-year increase Dr Ganesh Natarajan, Deputy Chairman and Managing Director, Zensar, and Chairman of Nasscom, said, “The year has begun with a good quarter for us, with a year-on-year profit growth at 85 per cent. Our focus on retail and enterprise solutions, including Oracle SAP and Business Intelligence solutions, would be intensified during the remainder of the year.” Rosabeth’s toolkitHe said that Zensar has gained the exclusive rights to market Rosabeth Moss Kanter’s Change Management Toolkit in India and West Asia. He said the emerging markets of India, West Asia and Africa continued to be drivers of new business. Amongst the new wins in the territory are a large domestic banking and financial corporation, an equity solution and wealth management company, the third largest cellular network provider from South Africa, an industrial brand management company, one of the world’s leading professional services organisations, a leading biometrics and smart card technologies manufacturer, and a high-end business infrastructure solutions, systems management and integration company in South Africa. More Stories on : Financial Performance | Outsourcing
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