Zensar Technologies reports financial results for Q4, FY2019


Zensar Technologies, a leading digital solutions and technology services company that specializes in partnering with global organizations across industries on their Digital transformation journey, announced its audited consolidated financial results for Quarter ending March 31, 2019, of the fiscal year 2018-2019.

Financial Highlights:

- In Q4FY19, the company reported PAT of USD 11.7 M, a sequential growth of 53.1%. For the year FY19, PAT grew by 20.2% to $45.0M

- In Q4FY19 the Company reported revenue of USD 150.1M a sequential growth of 4.5%. For the year FY19 Revenue grew by 17.6% in USD terms to USD 566.9 M

- Digital Services contributed 46.4% of Q4FY19 revenues and was at 44.7% of FY19 revenues

- EBITDA grew by 20.2% sequentially in Q4FY19. For FY19 EBITDA grew at 22.0% over the previous year

Sandeep Kishore, Chief Executive Officer and Managing Director, Zensar Technologies said," FY19 has been a very good year for us with sustained improvement across all aspects of our business. Business growth was broad based with every business showing growth, led by our Digital and Next Gen Cloud & Infrastructure capabilities and backed by several large deal wins.

We continue to invest in our market winning ROD NeXT suite of digital platforms & solutions that help in delivering enterprise wide digital transformation programs for our clients."

Navneet Khandelwal, Chief Financial Officer, Zensar Technologies said, "In FY19 our focus was on efficient resource optimization, cost management and robust internal systems & processes. Profit growth was broadbased with all regions & Service lines seeing margin improvement. As a result, our EBITDA in FY19 grew 22.0% over the previous year and PAT too grew by 20.2% to $45.0M".

Shares of ZENSAR TECHNOLOGIES LTD. was last trading in BSE at Rs.232 as compared to the previous close of Rs. 232.45. The total number of shares traded during the day was 4696 in over 285 trades.

The stock hit an intraday high of Rs. 235.9 and intraday low of 230. The net turnover during the day was Rs. 1092694.

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