Company Report: Zensar Technologies
Zensar delivered a strong performance in Q3, with revenues growing 17%, and net profit up 31% on a Q-o-Q basis. Zensar’s revenue and profit growth performance is better than most key midcap peers which have declared results so far. Zensar is set to exceed its revenue guidance of Rs 16bn for FY12. With benefits from Akibia integration expected to pick up going forward, the company looks set maintain strong growth momentum in FY13 as well.