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Category :
Company News
Headline :
Zensar Technologies Q4 net profit down 25.69% at Rs 112.80 cr
Date:
26/04/2024 11:10
The company reported standalone net profit of Rs 112.80 crore for the quarter ended March 31, 2024 as compared to Rs 151.80 crore in the same period last year, registering a year-on-year decline of 25.69 per cent.
Net revenue of the company rose moderately by 7.99 per cent at Rs 515.10 crore in January-March quarter of this fiscal as against Rs 477.00 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 7.13 per cent to Rs 389.30 crore from Rs 363.40 crore in year ago period.
Other Income dipped by 52.88 per cent at Rs 38.50 crore versus (Mar'23 Rs 81.70 crore).
Operating Profit surged by 10.74 per cent to Rs 125.80 crore as against Rs 113.60 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.52 per cent in March quarter.
Interest declined by 62.79 per cent y-o-y to Rs 1.60 crore, while Taxation increased by 32.09 per cent at Rs 42.40 crore (Mar'23 Rs 32.10 crore).
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