Zensar Technologies reports 120% YoY PAT growth

 Zensar Technologies has reported excellent growth in profits in quarter ended September 30, 2013. The company’s profits after tax grew significantly year on year, by 120% from Rs. 32.17 Crore to Rs. 70.63 Crore, and the revenues grew by 9.8% year on year, from Rs. 537.31 Crore to Rs. 589.77 Crore.

Dr Ganesh Natarajan, Vice Chairman and CEO, said, “With industry leading sequential growth of 5.8% in constant currency terms in our key markets of USA, Europe and Africa, our services business continues to be robust”.

S. Balasubramaniam, Chief Financial Officer, said, “With our balanced portfolio of services in mature and emerging technologies, we are rightly positioned to capitalize on the current upswing in the economy, in our key markets”.

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