Zensar Technologies Limited Reports Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016
January 24, 2017 at 08:34 am
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Zensar Technologies Limited reported unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, on consolidated basis, the company reported net sales/income from operations were of INR 7,865.4 million compared to INR 7,505.9 million a year ago. Profit from operations before other income, finance costs and exceptional items were of INR 994.5 million compared to INR 1,021.0 million a year ago. Profit before tax was INR 1,165.4 million compared to INR 1,059.9 million a year ago. Net profit attributable to owners was of INR 826.3 million or INR 17.98 per diluted share compared to INR 713.5 million or INR 15.78 per diluted share a year ago.
For the nine months, on consolidated basis, the company reported net sales/income from operations were of INR 23,122.8 million compared to INR 21,983.9 million a year ago. Profit from operations before other income, finance costs and exceptional items were of INR 2,970.9 million compared to INR 3,115.0 million a year ago. Profit before tax was INR 3,341.7 million compared to INR 3,474.7 million a year ago. Net profit attributable to owners was of INR 2,297.8 million or INR 50.59 per diluted share compared to INR 2,415.7 million or INR 53.59 per diluted share a year ago.
For the quarter, on standalone basis, the company reported net sales/income from operations were of INR 3,245.7 million compared to INR 3,057.4 million a year ago. Profit from operations before other income, finance costs and exceptional items were of INR 763.2 million compared to INR 582.8 million a year ago. Profit before tax was INR 884.7 million compared to INR 636.1 million a year ago. Net profit was of INR 634.3 million or INR 13.94 per diluted share compared to INR 460.0 million or INR 10.17 per diluted share a year ago.
For the nine months, on standalone basis, the company reported net sales/income from operations were of INR 9,747.3 million compared to INR 9,246.8 million a year ago. Profit from operations before other income, finance costs and exceptional items were of INR 2,009.6 million compared to INR 2,045.0 million a year ago. Profit before tax was INR 2,252.3 million compared to INR 2,494.0 million a year ago. Net profit was of INR 1,603.4 million or INR 35.30 per diluted share compared to INR 1,834.1 million or INR 40.69 per diluted share 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 Reports Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016