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RPG Group company, Zensar Technologies has reported a 41.3 per cent rise in net profit for the fourth quarter ended March 31, 2014 owing to broad-based demand across its service offerings.
The company recorded a net profit of Rs 55.25 crore as against Rs 39.1 crore in the same quarter a year ago.
Revenue grew by 18.6 per cent to Rs 602.54 crore(Rs 508.14 crore). “We are delighted with the smart uptick in our applications business in Western markets, with sequential growth of 10.3% this quarter in constant currency…We are seeing increasing customer demand for all our services,” Ganesh Natarajan, Vice Chairman & Chief Executive Officer, said in a press statement.
The Zensar scrip closed 0.68 per cent lower to close at Rs 371.05 on the Bombay Stock Exchange today.
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