ZENSAR TECHNOLOGIES LTD. has reported financial results for the period ended June 30, 2021.
Financial Results (Q1 FY 2021-22) - QoQ Comparison
The company has reported total income of Rs.955.2 crores during the period ended June 30, 2021 as compared to Rs.882.9 crores during the period ended March 31, 2021.
The company has posted net profit / (loss) of Rs.101 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.88.3 crores for the period ended March 31, 2021.
The company has reported EPS of Rs.4.44 for the period ended June 30, 2021 as compared to Rs.3.88 for the period ended March 31, 2021.
|
Total Income | ₹ 955.2 crs | ₹ 882.9 crs | 8.19% |
Net Profit | ₹ 101 crs | ₹ 88.3 crs | 14.38% |
EPS | ₹ 4.44 | ₹ 3.88 | 14.43% |
Financial Results (Q1 FY 2021-22) - YoY ComparisonThe company has reported total income of Rs.955.2 crores during the period ended June 30, 2021 as compared to Rs.1009.2 crores during the period ended June 30, 2020.
The company has posted net profit / (loss) of Rs.101 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.73.3 crores for the period ended June 30, 2020.
The company has reported EPS of Rs.4.44 for the period ended June 30, 2021 as compared to Rs.3.21 for the period ended June 30, 2020.
|
Total Income | ₹ 955.2 crs | ₹ 1009.2 crs | -5.35% |
Net Profit | ₹ 101 crs | ₹ 73.3 crs | 37.79% |
EPS | ₹ 4.44 | ₹ 3.21 | 38.32% |
Ajay S. Bhutoria, Chief Executive Officer and Managing Director, Zensar Technologies, said, "Driven by strong business and operational focus, we saw our revenue increase sequentially QoQ by 5.8% in Q1FY22, and our PAT by 10.9%. This growth is underpinned by healthy performance in our key verticals of Hi-Tech/Manufacturing and Financial Services, and momentum in our US and South Africa regions. With our strategic growth areas clearly defined, we continue to strengthen our go-to-market along stated focus areas. In line with this, we completed the acquisition of M3bi, which augments and strengthens our advanced engineering and data analytics capabilities."
Adding further, he commented, "We continue to work closely with our clients during this pandemic to deepen our expertise and strengthen our offerings. We have stepped up our initiatives to enhance the skills of our associates and ready them for transformative projects with our clients and carry out new directions in thinking."
Navneet Khandelwal, Chief Financial Officer, Zensar Technologies, said, "Q1FY22 has seen growth in PAT at 43.4% YoY. Our continued focus on cash generation has resulted in our cash position further strengthening to $183.2 Mn in Q1FY22. Our EBITDA has grown by 25.5% YoY, with our earlier initiatives bearing results in this fiscal. We have concluded the acquisition of M3bi in July, and their revenues will be included in our performance from Q2 onwards."
Shares of ZENSAR TECHNOLOGIES LTD. was last trading in BSE at Rs. 390 as compared to the previous close of Rs. 375.8. The total number of shares traded during the day was 101433 in over 2419 trades.
The stock hit an intraday high of Rs. 396 and intraday low of 376.3. The net turnover during the day was Rs. 39284482.
Source : Equity Bulls
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