ZENSAR TECHNOLOGIES LTD. - 504067 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find attached copies of newspaper advertisement, published in Financial Express (all editions) and Loksatta (Pune edition), regarding financial results, which were approved by the Board at its meeting held on July 20, 2023
Neutral Zensar; target of Rs 470: Motilal Oswal
Motilal Oswal is bullish recommended Neutral rating on Zensar with a target price of Rs 470 in its research report dated July 21, 2023. ZENSAR TECHNOLOGIES LTD. - 504067 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Please find enclosed herewith intimation of loss of shares certificate(s) as received by us from Kfin Technologies Limited, our Registrar nd Transfer Agent, pursuant to Regulation 39(3) of the SEBI (LODR) Regulations, 2015. ZENSAR TECHNOLOGIES LTD. - 504067 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
In continuation to our letter dated July 12, 2023, please note that the Audio recording of the earnings call held on July 20, 2023 at 5:00 pm (IST) on Financial Results of the Company, for the quarter ended June 30, 2023, has been made available on the website of the Company under Investors Corner, Meetings Transcripts and Recordings section on the link https://zensar.com/about/investors/investors-relation#Investor-Corner
Zensar Technologies Results Earnings Call for Q1FY24
Conference Call with Zensar Technologies Ltd. Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript. ZENSAR TECHNOLOGIES LTD. - 504067 - Intimation Of Grant Of Esops
This is to inform you that the Nomination and Remuneration Committee of the Board of Directors of the Company ("Committee") today approved grant of 61,044 ESOPs viz., Performance Award Units (PAUs) to employees of the Company pursuant to Company''s ESOP Plan viz., Employee Performance Award Unit Plan 2016 (''EPAP 2016''), at an exercise price of INR 2 per share, which would vest as per the terms of grant, based on the underlying performance parameters. Additional details with respect to the aforesaid ESOP grant are enclosed herewith as Annexure.
Zensar Tech Q1 Results: Net profit rises 148.8 crore
Earlier in the Q1 FY 2023-24, the firm registered a net profit of only 54.9 crore. Q1FY24 Quarterly Result Announced for Zensar Technologies Ltd.
IT Consulting & Software company Zensar Technologies announced Q1FY24 results: In Q1FY24, the company reported services revenue of USD 149.2 million, a sequential QoQ growth of 2.3% and constant currency 2.4%. In Q1FY24, the company reported total revenue of USD 149.3 million, sequential QoQ growth of 1.3% both in reported and constant currency term. In Q1FY24, the EDITDA stood at 18.7% and the PAT stood at 12.7% of revenues. The company reported net cash of USD 233.8 million at the end of Q1FY24, with a QoQ growth of USD 32.3 million and YoY growth of 42.9%. Europe region registered a sequential QoQ services revenue growth of 6.0% in constant currency and a quarterly YoY services revenue growth of 3.4% in constant currency. US region registered a sequential QoQ services revenue growth of 1.3% in constant currency and a quarterly YoY services revenue decline of 0.2% in constant currency. South Africa registered a sequential QoQ services revenue growth of 3.4% in constant currency and a quarterly YoY services revenue growth of 19.6% in constant currency. Banking, Financial Services, and Insurance reported sequential QoQ services revenue growth of 4.0% in constant currency and a quarterly YoY services revenue growth of 13.2% in constant currency. Hi-Tech and Emerging registered a sequential QoQ services revenue decline of 2.6% in constant currency and a quarterly YoY services revenue decline of 4.0% in constant currency. Manufacturing and Consumer Services registered a sequential QoQ services revenue growth of 6.2% in constant currency and YoY services revenue decline of 1.3% in constant currency. Headcount as of June 30, 2023, stood at 10,540. Manish Tandon, CEO and Managing Director, Zensar Technologies, said, “In Q1FY24, we saw good growth in revenue and improved margins despite the macro challenges within the industry. Our quarterly services revenue stood at USD 149.2 million, a sequential QoQ growth of 2.4% in constant currency. Our quarterly revenues are at USD 149.3 million, with a sequential QoQ growth of 1.3% in both reported and constant currency terms. In line with our stated strategy, we continue to defocus on pass through revenues. Our EBITDA increased by 420 basis points to 18.7%. We have witnessed good improvement in margins, and a portion of these are being reinvested into the business. As one of our core principles, we continue to drive client-centricity across the organization. We remain committed to allocating resources for the skill enhancement of our employees and strengthening our diverse pool of talent. Through these strategic initiatives, we aim to drive client success and foster sustainable business expansion.” Sachin Zute, CFO, Zensar Technologies, commenting on the Q1FY24 performance, said, “Our PAT stood at 12.7% for the quarter, a sequential QoQ increase of 290 basis points and YoY increase of 660 basis points. We saw an increase in our cash and cash equivalents which stood at USD 233.8 million, a QoQ increase of USD 32.3 million and quarterly YoY growth of 42.9%. The DSO for the quarter continues to be healthy and remained at 74 days. Our unwavering commitment to enhancing operational improvements has helped us bolster the financial performance of Zensar.” Result PDF ZENSAR TECHNOLOGIES LTD. - 504067 - Announcement under Regulation 30 (LODR)-Investor Presentation
Press release and Investor updates and Analyst Presentation. ZENSAR TECHNOLOGIES LTD. - 504067 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press release and Investor update and Analyst Presentation.