Zensar Technologies Ltd Q4FY21 consolidated net profit at Rs. 88.34 crore

ZENSAR TECHNOLOGIES LTD. has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.882.90 crores during the period ended March 31, 2021 as compared to Rs.939.21 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.88.34 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.137.89 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.3.88 for the period ended March 31, 2021 as compared to Rs.6.03 for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 882.90 crs	₹ 939.21 crs	-6%
Net Profit	₹ 88.34 crs	₹ 137.89 crs	-35.93%
EPS	₹ 3.88	₹ 6.03	-35.66%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.882.90 crores during the period ended March 31, 2021 as compared to Rs.1033.90 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.88.34 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.69.51 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.3.88 for the period ended March 31, 2021 as compared to Rs.3.04 for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 882.90 crs	₹ 1033.90 crs	-14.6%
Net Profit	₹ 88.34 crs	₹ 69.51 crs	27.09%
EPS	₹ 3.88	₹ 3.04	27.63%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.3806.84 crores during the 12 months period ended March 31, 2021 as compared to Rs.4270.10 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.300.03 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.263.42 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.13.18 for the 12 months period ended March 31, 2021 as compared to Rs.11.53 for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 3806.84 crs	₹ 4270.10 crs	-10.85%
Net Profit	₹ 300.03 crs	₹ 263.42 crs	13.9%
EPS	₹ 13.18	₹11.53	14.31%

Ajay S. Bhutoria, Chief Executive Officer and Managing Director, Zensar Technologies, said, "FY21 was a year of new learnings and a focused client-centric strategy as we continued to support our customers navigating through a period of uncertainty. Our PAT for FY21 at 9.5% of the revenues has seen a healthy increase in YoY terms as we continue to focus on improving operational metrics across the board. Our clients are looking for digital transformation solutions and this has resulted in our Digital Foundation Services growing by 6.0% YoY in Q4FY21. I am pleased to see our UK/Europe regions posting a healthy growth, growing by 6.7% YoY in Q4FY21 with numerous new logos added in the last fiscal."

Adding further, he stated, "The well-being of our global teams remains at the center of all our initiatives along with a sharp focus on what our clients need from us to deliver value to their customers."

Navneet Khandelwal, Chief Financial Officer, Zensar Technologies said, "We have ended this fiscal with a strong cash position at $166.3 Mn. Our DSO stood at 77 days, which underscores our initiatives to maintain sound operational metrics. The EBITDA has posted a YoY increase of 21.0% in Q4FY21 which again is in line with our focus on keeping operational parameters sound and in line with running efficient financial processes."

Shares of ZENSAR TECHNOLOGIES LTD. was last trading in BSE at Rs.267.85 as compared to the previous close of Rs. 269.8. The total number of shares traded during the day was 26775 in over 889 trades.

The stock hit an intraday high of Rs. 275 and intraday low of 261.2. The net turnover during the day was Rs. 7171992.

Source : Equity Bulls

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