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(23 Jul 2024, 14:50)

Zensar Tech Q1 PAT slips 9% QoQ to Rs 158 cr

Zensar Technologies reported 8.88% decrease in consolidated net profit to Rs 157.9 crore in Q1 FY25 as compared to Rs 173.3 crore in Q4 FY24.


However, revenue from operations grew by 4.74% quarter on quarter (QoQ) to Rs 1,288.1 crore in Q1 FY25.

On year on year (YoY) basis, the IT firm’s net profit fell 9.96% while revenue grew 4.96% in Q1 FY25.

Profit before tax stood at Rs 209.7 crore crore in quarter ended 30 June 2024, registered growth 8.26% QoQ.

EBITDA stood at Rs 196.1 crore in Q1 FY25, down 3.4% QoQ and 14.8% YoY. EBITDA margin declined to 15.2% in Q1 FY25 as against 16.5% recorded in Q4 FY24 and 18.7% reported in Q1 FY24.

In Q1 FY25, the company reported revenue of $154.4 million, sequential QoQ growth of 4.2% in reported currency and 4.3% in constant currency.

US region reported a QoQ revenue growth of 6.5% in reported currency and 6.6% in constant currency.

Banking and Financial Services (BFSI)...

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