Zensar Technologies has reported a profit after tax of Rs 91.34 in the quarter ended September 30, 2015 versus Rs 67.31 crore in the same quarter last year.
This represents a growth of 35.7 per cent year on year.
The Pune-based company saw its revenues in Q2 16 grow 16.8 per cent over that of Q2 15, to Rs 756.43 crore (Rs 647.66 crore)
In comparison to the previous quarter, PAT grew 20.1 per cent to Rs 91.34 crore from Rs 76.08 crore, while revenues grew 7.4 per cent to Rs 756.43 crore from Rs 704.64 crore.
“This has been a quarter of robust growth for Zensar on all fronts, with retail and e-commerce significantly fueling the growth through new client acquisitions in our chosen territories,” Dr Ganesh Natarajan, Vice-Chairman and CEO, Zensar Technologies, said in a statement.
The contribution of digital and e-commerce to the company’s revenues crossed 15 per cent this quarter, while Professional Access, the digital commerce company, had an exceptional quarter with significant wins in all territories, Nitin Parab, Chief Executive, Enterprise Transformation Services, added.
Among the significant new client additions reported this quarter are Oracle EBS services for a floral and gourmet foods gift retailer and distribution company in the United States, upgrade of user experience technology stack for a leading retailer in UK and rapid accelerated e-commerce deployment for a significant retailer in South Africa.
During intraday trading on the BSE, the Zensar scrip hit a high of Rs 1,020 apiece, but plummeted as soon as the results were announced. It hit an intraday low of Rs 932.65 and recovered subsequently. At 3.15 p.m. the share had lost 3.3% and was seen trading at Rs 956.30. The overall market was down by 0.18%.