Home Market Zensar Technologies Q2 profit up 49% at Rs 93 crore

Zensar Technologies Q2 profit up 49% at Rs 93 crore


Pune: Zensar Technologies reported a 49.1% increase in profit for the quarter ended September 30 at Rs 93.4 crore. Revenues for the quarter were up 27% at Rs 968.7 crore.

In dollar terms, net profit was up 36.7% at $13.3million, and revenues were up 16.5% at $138.1 million Digital services continue to grow and have moved up 5.2% sequentially and 39.8% on yearly basis. Digital now contributes 44.2% of Q2FY19 revenue.

Sandeep Kishore, Chief Executive Officer and Managing Director, Zensar Technologies said, “We have remained focused on our digital strategy resulting in the consistent growth in our digital revenues which are now at 44.2% of our total business in Q2. With our recent acquisition of Indigo Slate, Zensar is well poised to offer differentiated digital solutions to global enterprises.”

The company had total bookings of over $290m in H1FY19, including more than $120m in Q2FY19. These included end to end infrastructure management requirements for Ruffer, a leading UK investment management company and cloud computing infrastructure implementation for a large US based medical company.

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