Zensar Technologies Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
January 22, 2024 at 05:47 pm IST
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Zensar Technologies Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 12,041 million compared to INR 11,976 million a year ago. Revenue was INR 12,462 million compared to INR 12,235 million a year ago. Net income was INR 1,617 million compared to INR 765 million a year ago. Basic earnings per share from continuing operations was INR 7.14 compared to INR 3.38 a year ago. Diluted earnings per share from continuing operations was INR 7.08 compared to INR 3.36 a year ago.
For the nine months, sales was INR 36,722 million compared to INR 36,356 million a year ago. Revenue was INR 37,789 million compared to INR 37,112 million a year ago. Net income was INR 4,917 million compared to INR 2,084 million a year ago. Basic earnings per share from continuing operations was INR 21.71 compared to INR 9.21 a year ago. Diluted earnings per share from continuing operations was INR 21.53 compared to INR 9.15 a year ago.
Zensar Technologies Limited is a digital solutions and technology services company. It is engaged in providing a range of information technology (IT) services and solutions. It operates in two segments: Digital and Application Services (DAS) and Digital Foundation Services (DFS). The DAS segment includes custom applications management services that include application development, maintenance, support, modernization and testing services across technology and industry verticals. The DFS segment includes infrastructure management services, which consists of hybrid IT, digital workspace, dynamic security, and unified IT provider under managed service platform using automation, autonomics, and machine learning. It offers a range of services, including experience services, advanced engineering services, data engineering & analytics, application services, and foundation services. It serves various industries, such as manufacturing, retail and consumer services, insurance, and others.
ZENSAR TECHNOLOGIES LIMITED 
