Zensar Technologies Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
October 17, 2023 at 06:43 am EDT
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Zensar Technologies Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 12,408 million compared to INR 12,346 million a year ago. Revenue was INR 12,771 million compared to INR 12,630 million a year ago. Net income was INR 1,739 million compared to INR 568 million a year ago. Basic earnings per share from continuing operations was INR 7.68 compared to INR 2.51 a year ago. Diluted earnings per share from continuing operations was INR 7.61 compared to INR 2.48 a year ago.
For the six months, sales was INR 24,680 million compared to INR 24,380 million a year ago. Revenue was INR 25,327 million compared to INR 24,877 million a year ago. Net income was INR 3,300 million compared to INR 1,319 million a year ago. Basic earnings per share from continuing operations was INR 14.57 compared to INR 5.83 a year ago. Diluted earnings per share from continuing operations was INR 14.44 compared to INR 5.77 a year ago.
Zensar Technologies Limited is a digital solutions and technology services company. It is engaged in providing a range of information technology (IT) services and solutions. It operates in two segments: Digital and Application Services (DAS) and Digital Foundation Services (DFS). The DAS segment includes custom applications management services that include application development, maintenance, support, modernization and testing services across technology and industry verticals. The DFS segment includes infrastructure management services, which consists of hybrid IT, digital workspace, dynamic security, and unified IT provider under managed service platform using automation, autonomics, and machine learning. It offers a range of services, including experience services, advanced engineering services, data engineering & analytics, application services, and foundation services. It serves various industries, such as manufacturing, retail and consumer services, insurance, and others.
ZENSAR TECHNOLOGIES LIMITED 
