Zensar Technologies Limited Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
January 21, 2013 at 01:03 pm
Share
Zensar Technologies Limited reported unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, on consolidated basis, the company reported net sales/income from operation of INR 5,247.8 million, profit from operations before other income, interest and exceptional items of INR 618.5 million, profit from ordinary activities before tax of INR 705.0 million and net profit for the period of INR 487.0 million compared to net sales/income from operation of INR 4,808.3 million, profit from operations before other income, interest and exceptional items of INR 637.1 million, profit from ordinary activities before tax of INR 798.0 million and net profit for the period of INR 522.9 million a year ago. Earnings per diluted share were INR 10.95 against INR 11.95 a year ago.
For the nine months, on consolidated basis, the company reported net sales/income from operation of INR 16,063.8 million, profit from operations before other income, interest and exceptional items of INR 2,043.6 million, profit from ordinary activities before tax of INR 2,039.7 million and net profit for the period of INR 1,354.3 million compared to net sales/income from operation of INR 12,885.7 million, profit from operations before other income, interest and exceptional items of INR 1,464.5 million, profit from ordinary activities before tax of INR 1,793.7 million and net profit for the period of INR 1,194.1 million a year ago. Earnings per diluted share were INR 30.53 against INR 27.24 a year ago.
For the quarter, on standalones basis, the company reported net sales/income from operation of INR 2,174.6 million, profit from operations before other income, interest and exceptional items of INR 396.2 million, profit from ordinary activities before tax of INR 543.8 million and net profit for the period of INR 418.4 million compared to net sales/income from operation of INR 1,961.1 million, profit from operations before other income, interest and exceptional items of INR 366.5 million, profit from ordinary activities before tax of INR 530.4 million and net profit for the period of INR 350.1 million a year ago. Earnings per diluted share were INR 9.41 against INR 8.00 a year ago.
For the nine months, on standalone basis, the company reported net sales/income from operation of INR 6,269.8 million, profit from operations before other income, interest and exceptional items of INR 1,018.5 million, profit from ordinary activities before tax of INR 1,371.4 million and net profit for the period of INR 984.9 million compared to net sales/income from operation of INR 5,086.6 million, profit from operations before other income, interest and exceptional items of INR 1,371.4 million, profit from ordinary activities before tax of INR 1,081.9 million and net profit for the period of INR 741.6 million a year ago. Earnings per diluted share were INR 22.20 against INR 16.92 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 Announces Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012