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Hot Pursuit News

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(26 Apr 2024, 12:51)

Zensar Tech spurts after Q4 PAT rises 7% QoQ to Rs 173 cr

Zensar Technologies surged 9.87% to Rs 632 after the company’s consolidated net profit jumped 7.17% to Rs 173.3 crore in Q4 FY24 as compared with Rs 161.7 crore in Q3 FY24.


Revenue from operations increased 1.41% QoQ to Rs 1,229.7 crore in Q4 FY24.

Profit before tax stood at Rs 228.6 crore in Q4 FY24, up 7.78% QoQ and up 41.46% YoY.

EBITDA stood at Rs 203.1 crore, registering the growth of 15.47% YoY and . EBITDA margin stood at 16.5% in Q4 FY24 as against 14.5% in Q4 FY23.

In Q4 FY24, the company reported revenue of $ 148.1 million, sequential QoQ growth of 2.4% in reported currency and 2.0% in constant currency.

US region reported a sequential QoQ services revenue growth of 4.3% in reported currency and 4.2% in constant currency while Europe region reported a sequential QoQ services revenue decline of 1.2% in reported currency and 3.1% in constant currency and South Africa reported a sequential QoQ services revenue decline of 2.3% in repor...

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