Zensar announces 30% year on year PAT growth in Q4 FY15 : Pune, Indiainfoline | Moneycontrol | Hindu Business Line | Times of India | Mint
Press Release | 28 Apr 2015
Zensar Technologies today announced its fourth quarter results of FY15, reporting year on year PAT growth of 30% from Rs 55.25 crore in the same quarter previous year to Rs 71.80 crore in the current year. For the quarter ended March 31, 2015, the company reported revenue of Rs 657.57 crore as against revenue of Rs 602.54 crore the same quarter last year.
The company reported FY15 revenue of Rs 2627.68 crore, a growth of 13.5% over the previous year revenue of Rs 2315.60 crore. The PAT is at Rs 264.59 crore, an 11.4% increase over previous year PAT at Rs 237.53 crore.
Dr. Ganesh Natarajan, Vice Chairman and CEO, Zensar Technologies said, “With consistent growth and integration of all our acquisitions, we are delighted to report double digit profitability for Zensar for the year. The company has been focusing on new client acquisition and strategic deals in core markets with significant traction in large Fortune 1000 companies, which has resulted in good wins and a substantial order pipeline in our chosen verticals and markets.”
The company added 11 significant new logos to its customer portfolio this year:
United States:
- Application Development, Integration and Professional Services for the first American online shoe retailer
- Oracle EBS - Application Maintenance and Support services for a US based supplier of critical systems and components to the aerospace and defense markets
- Application Support and Enhancement, Application Development and Integration, Portal Development and Support; Enterprise Collaboration Implementation services for a US based nonprofit organization that is responsible for the coordination of maintenance and methodology of several databases of unique identifiers related to the namespaces of the Internet, and ensuring the network's stable and secure operation
- Microsoft Maintenance and Support Services for a consulting, engineering, construction and operations firm in US
- Application Development, Integration and Professional Services for an American insurance company and is the largest provider of supplemental insurance in the United States
- Application Development and Integration, Application Support and Enhancement services for a US based company in specialty and niche-market insurance products in property, casualty, life and health insurance sectors
Africa:
- SAP - Business Assessment, Application Maintenance and Support, Integration with 3rd party systems service for a Kenya based Cement Manufacturer
- Application Support and Enhancement, eCommerce Implementation, Support and Professional Services for the largest home shopping retailer in Southern Africa
India:
- SAP Shared Application Maintenance Support Services for a renowned research institute in India
- SAP Shared Application Maintenance Support Services for a leading manufacturer and distributor of reputed brands in India
Middle East:
- Oracle Fusion Application Support services for a private non-profit organization, which supports the business community in Dubai and promotes Dubai as an international business hub
