Zensar Revenues up 12.8% in Third Quarter : Pune

Zensar Technologies today announced its third Quarter results, reporting revenues of Rs 592.01 crores, a growth of 12.8% over the same quarter previous year of Rs 524.78 crores. The PAT is at Rs 50.71 crores, a 4.1% increase over the same quarter previous year of Rs 48.70 crores. The profit growth has been impacted due to currency fluctuations during the period. The Infrastructure Management business of the company, which has been restructured over the last few quarters, has shown a sharp increase in dollar revenues of over 12% on a sequential quarter basis. The company reported 12 new customer wins in the quarter including over 27 million dollars of new business in IM. Zensar’s focus on Continental Europe is also paying dividends. The territory has recorded robust growth of 11.1% over the same quarter previous year Vivek Gupta, Chief Executive of Global Infrastructure Management business at Zensar Technologies said, “The Quarter has been upbeat with several new client additions, with the company’s focus on cloud, security and multi-vendor services reaping results. We have a robust pipeline and are confident of good conversion in 2014.” Business Highlights The new wins this Quarter include Infrastructure management services for

• a centralized government banking system
• a large payment processing company
• a producer of computer servers
• a large multinational engineering and electronics conglomerate corporation
• a significant multinational corporation selling telepresence and voice communication solutions
• a leader in providing comprehensive serialized data warehousing, traceability, and information management solutions