Zensar Technologies soars on reporting over 2-fold jump in Q1 consolidated net profit
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Zensar Technologies is currently trading at Rs. 470.65, up by 9.45 points or 2.05% from its previous closing of Rs. 461.20 on the BSE.
The scrip opened at Rs. 462.70 and has touched a high and low of Rs. 478.50 and Rs. 458.00 respectively. So far 190514 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 478.50 on 21-Jul-2023 and a 52 week low of Rs. 202.00 on 26-Dec-2022.
Last one week high and low of the scrip stood at Rs. 478.50 and Rs. 427.05 respectively. The current market cap of the company is Rs. 10735.52 crore.
The promoters holding in the company stood at 49.21%, while Institutions and Non-Institutions held 26.32% and 24.48% respectively.
Zensar Technologies has reported results for first quarter ended June 30, 2023 (Q1FY24).
Zensar Technologies has reported over 2-fold jump in its net profit at Rs 148.80 crore for the quarter under review as compared to Rs 54.90 crore for the same quarter in the previous year. Total income of the company increased by 24.85% at Rs 564.70 crore for Q1FY24 as compared Rs 452.30 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 156.20 crore for the quarter ended June 30, 2023 as compared to Rs 75.10 crore for the same quarter in the previous year. Total income of the company increased by 2.52% at Rs 1,255.60 crore for Q1FY24 as compared Rs 1,224.70 crore for the corresponding quarter previous year.
