Zensar Technologies Q4 net profit up 14.80% at Rs 81.00 cr
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
The company reported standalone net profit of Rs 81.00 crore for the quarter ended March 31, 2021 as compared to Rs 70.56 crore in the same period last year, registering a year-on-year growth of 14.80 per cent. Net revenue of the company declined marginally by 1.45 per cent at Rs 347.88 crore in January-March quarter of this fiscal as against Rs 352.99 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 0.15 per cent to Rs 257.21 crore from Rs 256.83 crore in year ago period. Other Income grew by 23.97 per cent at Rs 35.37 crore versus (Mar'20 Rs 28.53 crore).
Operating Profit slipped by 5.71 per cent to Rs 90.67 crore as against Rs 96.16 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4.33 per cent in March quarter. Interest declined by 35.71 per cent y-o-y to Rs 5.13 crore, while Taxation decreased by 31.05 per cent at Rs 16.79 crore (Mar'20 Rs 24.35 crore).
