Zensar Technologies Limited Reports Earnings Results for the Third Quarter Ended December 31, 2020
January 21, 2021 at 09:15 am
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Zensar Technologies Limited announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was INR 9,392.1 million compared to INR 10,601.8 million a year ago. Net income was INR 1,378.9 million compared to INR 395.3 million a year ago. Basic earnings per share from continuing operations was INR 6.12 compared to INR 1.75 a year ago. Diluted earnings per share from continuing operations was INR 6.03 compared to INR 1.73 a year ago. For the nine months, total revenue was INR 29,239.4 million compared to INR 32,361.9 million a year ago. Net income was INR 2,116.9 million compared to INR 1,939 million a year ago. Basic earnings per share from continuing operations was INR 9.39 compared to INR 8.61 a year ago. Diluted earnings per share from continuing operations was INR 9.27 compared to INR 8.47 a year ago.
Zensar Technologies Limited is a digital solutions and technology services company. It is engaged in providing a range of information technology (IT) services and solutions. It operates in two segments: Digital and Application Services (DAS) and Digital Foundation Services (DFS). The DAS segment includes custom applications management services that include application development, maintenance, support, modernization and testing services across technology and industry verticals. The DFS segment includes infrastructure management services, which consists of hybrid IT, digital workspace, dynamic security, and unified IT provider under managed service platform using automation, autonomics, and machine learning. It offers a range of services, including experience services, advanced engineering services, data engineering & analytics, application services, and foundation services. It serves various industries, such as manufacturing, retail and consumer services, insurance, and others.
ZENSAR TECHNOLOGIES LIMITED 
