{"id":18003,"date":"2022-01-24T22:26:46","date_gmt":"2022-01-24T16:56:46","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/"},"modified":"2022-01-25T08:50:34","modified_gmt":"2022-01-25T03:20:34","slug":"biz-results-zensar-tech","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/","title":{"rendered":"Zensar Tech posts 8% dip in net at Rs 91 cr in Dec qtr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3163660579\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>New Delhi, Jan 24 (PTI) Zensar Technologies on Monday said its net profit declined 7.8 per cent to Rs 91 crore for the December 2021 quarter.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1197388388\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>It had posted a net profit of Rs 98.7 crore in the year-ago period, Zensar Technologies said in a statement.<\/p>\n<p>Its revenue, however, rose 21.6 per cent to Rs 1,102.5 crore in the reported quarter from Rs 906.5 crore in the year-ago period, it added.<\/p>\n<p>The company reported net cash of USD 168 million in the third quarter of FY22.<\/p><div class=\"trade-content_5\" id=\"trade-2011220760\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>&#8220;Our revenue growth of 19.8 per cent quarterly y-o-y reinforces the value our clients place on our services&#8230;These outcomes are the result of initiatives launched in the first half of the year and include the integration of M3bi into our overall strategy,\u201d Zensar Technologies CEO and Managing Director Ajay S Bhutoria said.<\/p>\n<p>He added that to meet increasing demand, the company has stepped up investments in strengthening its talent pool by expanding lateral hiring and hiring from campuses, as well as by upskilling existing workforce.<\/p>\n<p>&#8220;As always, the safety and well-being of our associates continue to be a top priority as we continue to work largely from home in all locations,\u201d he said.<\/p>\n<p>Navneet Khandelwal, Chief Financial Officer of Zensar Technologies, said increased operational efficiency has resulted in improved working capital.<\/p>\n<p>&#8220;We continue to streamline operational metrics and fresher intake on margins. Additionally, the Board of Directors of Zensar Technologies Ltd at its meeting held on January 24, 2022, has recommended payment of interim dividend at the rate of Rs. 1.5 per equity share for the financial year 2021-22,\u201d he said.<\/p>\n<p>The company said it added 1,416 employees (gross) during the quarter to take its headcount to 10,641 people. Its attrition (last 12 months basis) was at 26.7 per cent.<\/p><div class=\"trade-content-10\" id=\"trade-1667871277\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>On a quarterly year-on-year basis, the US region reported growth of 20.8 per cent, Europe 23.7 per cent, and the South Africa region 8.3 per cent, the statement said.<\/p>\n<p>From a vertical perspective, the Banking vertical posted a quarterly y-o-y growth of 76.5 per cent, while the insurance vertical posted a quarterly y-o-y growth of 8.9 per cent.<\/p>\n<p>The Consumer Services vertical posted a quarterly y-o-y growth of 26 per cent, and the Hi-Tech and Manufacturing vertical reported a quarterly y-o-y growth of 7.1 per cent, the statement noted.<\/p>\n<p>Zensar said Khandelwal tendered his resignation from the post of CFO due to personal reasons wef close of business hours on January 31, 2022.<\/p>\n<p>The company is in the process of identifying\/hiring a new candidate for the said position, it added. PTI SR  MKJ MKJ<\/p>\n<div class=\"trade-after-content\" id=\"trade-3680153992\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Jan 24 (PTI) Zensar Technologies on Monday said its net profit declined 7.8 per cent to Rs 91 crore for the December 2021 quarter. It had posted a net profit of Rs 98.7 crore in the year-ago period, Zensar Technologies said in a statement. Its revenue, however, rose 21.6 per cent to Rs [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":18026,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31,1789],"tags":[2501,2502],"class_list":["post-18003","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-results","category-news","category-trending-news","tag-zensor-tech","tag-zensor-tech-shares"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Zensar Tech posts 8% dip in net at Rs 91 cr in Dec qtr - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zensar Tech posts 8% dip in net at Rs 91 cr in Dec qtr\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Jan 24 (PTI) Zensar Technologies on Monday said its net profit declined 7.8 per cent to Rs 91 crore for the December 2021 quarter. It had posted a net profit of Rs 98.7 crore in the year-ago period, Zensar Technologies said in a statement. Its revenue, however, rose 21.6 per cent to Rs [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-24T16:56:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-01-25T03:20:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/zensor-techologies-share.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"PTI News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"PTI News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/\",\"url\":\"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/\",\"name\":\"Zensar Tech posts 8% dip in net at Rs 91 cr in Dec qtr - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/zensor-techologies-share.jpg\",\"datePublished\":\"2022-01-24T16:56:46+00:00\",\"dateModified\":\"2022-01-25T03:20:34+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/432b854fc143da831dae702afe00a7d3\"},\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/zensor-techologies-share.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/zensor-techologies-share.jpg\",\"width\":1280,\"height\":854,\"caption\":\"zensor techologies share\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Zensar Tech posts 8% dip in net at Rs 91 cr in Dec qtr\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/432b854fc143da831dae702afe00a7d3\",\"name\":\"PTI News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/33d290530d88025709a22a0e9cea1a42ff2e6013ca877b91a86e7ca950cdd59e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/33d290530d88025709a22a0e9cea1a42ff2e6013ca877b91a86e7ca950cdd59e?s=96&d=mm&r=g\",\"caption\":\"PTI News\"},\"url\":\"https:\/\/tradebrains.in\/features\/author\/ptinews\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Zensar Tech posts 8% dip in net at Rs 91 cr in Dec qtr - Trade Brains Features","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/","og_locale":"en_US","og_type":"article","og_title":"Zensar Tech posts 8% dip in net at Rs 91 cr in Dec qtr","og_description":"New Delhi, Jan 24 (PTI) Zensar Technologies on Monday said its net profit declined 7.8 per cent to Rs 91 crore for the December 2021 quarter. It had posted a net profit of Rs 98.7 crore in the year-ago period, Zensar Technologies said in a statement. Its revenue, however, rose 21.6 per cent to Rs [&hellip;]","og_url":"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2022-01-24T16:56:46+00:00","article_modified_time":"2022-01-25T03:20:34+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/zensor-techologies-share.jpg","type":"image\/jpeg"}],"author":"PTI News","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"PTI News","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/","url":"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/","name":"Zensar Tech posts 8% dip in net at Rs 91 cr in Dec qtr - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/zensor-techologies-share.jpg","datePublished":"2022-01-24T16:56:46+00:00","dateModified":"2022-01-25T03:20:34+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/432b854fc143da831dae702afe00a7d3"},"breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/zensor-techologies-share.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/zensor-techologies-share.jpg","width":1280,"height":854,"caption":"zensor techologies share"},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/biz-results-zensar-tech\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Zensar Tech posts 8% dip in net at Rs 91 cr in Dec qtr"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/432b854fc143da831dae702afe00a7d3","name":"PTI News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/33d290530d88025709a22a0e9cea1a42ff2e6013ca877b91a86e7ca950cdd59e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/33d290530d88025709a22a0e9cea1a42ff2e6013ca877b91a86e7ca950cdd59e?s=96&d=mm&r=g","caption":"PTI News"},"url":"https:\/\/tradebrains.in\/features\/author\/ptinews\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/18003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=18003"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/18003\/revisions"}],"predecessor-version":[{"id":18027,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/18003\/revisions\/18027"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/18026"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=18003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=18003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=18003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}