ZENSAR TECHNOLOGIES LTD. - 504067 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find enclosed herewith 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 May 11, 2023. This information will also be hosted on the website of the Company at www.zensar.com ZENSAR TECHNOLOGIES LTD. - 504067 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
In continuation to our letter dated May 2, 2023, please note that the Audio recording of the earnings call held today i.e. May 12, 2023 at 9:00 hrs (IST) on Financial Results of the Company, for the quarter and year ended March 31, 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 LTD. - 504067 - Update On Filing Dated May 11, 2023
This is in continuation to our communication dated May 11, 2023. Please take note of the Banking Committee reconstitution effective from May 11, 2023.
Zensar Technologies Results Earnings Call for Q4FY23
Conference Call with Zensar Technologies Management and Analysts on Q4FY23 Performance and Outlook. Listen to the full earnings transcript. Q4FY23 Quarterly & FY23 Annual Result Announced for Zensar Technologies Ltd.
IT Consulting & Software company Zensar Technologies announced Q4FY23 & FY23 results: In Q4FY23, the company reported revenue of USD 147.5 million, a sequential QoQ growth of 1.1%, and constant currency of 0.4% In Q4FY23, the company reported services revenue of USD 145.8 million, a sequential QoQ growth of 2.7%, and constant currency of 2.0% In Q4FY23, the gross margin stood at 31.9% of revenues in Q4FY23, representing a sequential QoQ increase of 460 basis points In Q4FY23, PAT stood at 9.8% of revenues, a sequential QoQ increase of 340 basis points For FY23, the company reported revenue of USD 604.2 million, an increase of 6.1% YoY For FY23, the PAT stood at 6.7% of the revenue The company reported net cash and cash equivalents of USD 201.5 million at the end of Q4FY23 The US region reported a 6.5% YoY growth Europe reported a 6.0% of YoY growth and 20.0% of YoY growth in constant currency South Africa reported a 3.8% of YoY growth and 18.3% of YoY growth in constant currency BFSI reported a 22.3% of YoY growth and 29.6% of YoY growth in constant currency Hi-Tech and Manufacturing registered a 0.9% of YoY growth and 2.7% of YoY growth in constant currency Consumer Services reported a decline of 5.2% YoY growth while it registered a positive 0.1% of YoY growth in constant currency Manish Tandon, CEO and Managing Director, Zensar Technologies, said, “In Q4FY23, we continued to make significant progress toward improving profitability, with EBITDA increasing by 320 basis points to 14.5%. We ended FY23 on a positive note, with quarterly revenue of USD 147.5 million, a sequential QoQ growth of 0.4% in constant currency, and annual revenue of USD 604.2 million, representing YoY growth of 10.3% in constant currency. Our quarterly services revenue stood at USD 145.8 million, a sequential QoQ growth of 2.0% in constant currency. In addition, at 19.8%, our LTM attrition saw a YoY improvement of 810 basis points. But more than the numbers, the people of Zensar are the company’s heartbeat, and by investing in our associates, we keep our entire ecosystem healthy and strong. Together, we put client-centricity at the core of our business. As we unlock the next phase of growth for Zensar, we honor that approach by making decisive moves that will propel us forward to deliver the highest value to our clients and their customers.” Speaking on the Q4FY23 performance, Sachin Zute, CFO, Zensar Technologies said, “Our continuous rigor in driving operational efficiencies has helped improve the company's margins. Our PAT stood at 9.8% for the quarter, a QoQ increase of 340 basis points. We had one of the best DSO in recent quarters, and collections were healthy for the company. DSO stood at 74 days for the quarter, improved by 6 days QoQ. Our net cash stood at USD 201.5 million at the end of Q4FY23, an additional USD 22.1 million QoQ, and USD 45.8 million YoY. Our order book for Q4FY23 stood at USD 174.9 million, a seasonally high growth of 34.0% over the last quarter. The Board of Directors in its meeting on January 23, 2023, declared an interim dividend of Rs 1.50 per equity share. In addition, the Board of Directors in their meeting held on May 11, 2023, have recommended a final dividend of Rs 3.50 per equity share, subject to the approval of shareholders.” Result PDF ZENSAR TECHNOLOGIES LTD. - 504067 - Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 ("Listing Regulations")
Pursuant to Regulation 23(9) of Listing Regulations, please find enclosed disclosure of Related Party Transactions, for the half year ended March 31, 2023. The above document is available on the Company''s website www.zensar.com. Request you to take the same on your records. ZENSAR TECHNOLOGIES LTD. - 504067 - Announcement under Regulation 30 (LODR)-Investor Presentation
In continuation to our intimation titled 'Outcome of Board Meeting held on May 11, 2023' and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Press Release along with Investor update and Analyst presentation on the Financials Results of the Company for the financial year ended March 31, 2023. ZENSAR TECHNOLOGIES LTD. - 504067 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
In continuation to our intimation titled 'Outcome of Board Meeting held on May 11, 2023' and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Press Release along with Investor update and Analyst presentation on the Financials Results of the Company for the financial year ended March 31, 2023. ZENSAR TECHNOLOGIES LTD. - 504067 - Corporate Action-Board approves Dividend
Final Dividend: Recommendation of final dividend at INR 3.50 (175%) per equity share of INR 2.00 each, for FY 2022-23, subject to approval by Members at the ensuing Annual General Meeting ('AGM'). The dividend, if approved, shall be paid/dispatched to the shareholders within 30 days of its approval by the shareholders, at the AGM.