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This Article is From Nov 06, 2017

Confident About Next Two Quarters On Increased Digital Collaboration, Zensar Tech CEO Says

Zensar Technologies announced its earnings for the previous quarter last week.

Confident About Next Two Quarters On Increased Digital Collaboration, Zensar Tech  CEO Says
People working on computers in an office (Photographer: Victor J. Blue/Bloomberg)

Zensar Technologies Ltd. is confident of delivering a good set of numbers going forward, as it increases collaborations in the digital space, its Managing Director and Chief Executive Offier Sandeep Kishore told BloombergQuint.

We have delivered a solid set of numbers, led by our digital business...The scale and size of digital business is inching up as 80 percent of the client spend is on digital.
Sandeep Kishore, MD And CEO, Zensar Technologies

The Pune-based information technology company had announced its earnings for the previous quarter last week. On the outlook for the next six months of 2017-18, Kishore said although the company doesn't give any guidance but he is confident of good numbers going forward.

Key Earnings Highlights:

  • Revenues up 3.5 percent at Rs 763 crore (QoQ).
  • Net profit up 34 percent at Rs 63 crore (QoQ).
  • EBITDA up 17.3 percent at Rs 88 crore (QoQ).
  • Margins at 11.56 percent versus 10.2 percent (QoQ).

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