Zensar Technologies announced a drop in consolidated net profit for the quarter ended March 2017. During the quarter, the profit of the company declined 84.49% to Rs 107.00 million from Rs 690.00 million in the same quarter last year.
Revenues for the quarter declined marginally 0.12% to Rs 7,438.00 million, compared with Rs 7,447.00 million for the prior year period.
Operating margin for the quarter stood at 7.93 percent as compared to 12.89 percent for the previous year period. Operating Income for the quarter was Rs 589.70 million, compared with Rs 960 million in the previous year period.
Earnings per share for the quarter stood at Rs 2.28, registering 84.91% decline over previous year period.
| Quarterly Results - Consolidated (Rs in mn) |
| As at | Mar - 17 | Mar - 16 | %Change |
| Revenues | 7,438.00 | 7,447.00 | (0.12) |
| Net Profit | 107.00 | 690.00 | (84.49) |
| Diluted EPS | 2.28 | 15.11 | (84.91) |
Shares of the company gained Rs 5.75, or 0.64%, to trade at Rs 910.00. The total volume of shares traded was 1,968 at the BSE (4.01 p.m., Tuesday).
