Zensar Tech net down 8.5% to Rs 2.92 crore

Zensar Technologies has posted a net profit of Rs 2.92 crore in the third quarter of the current fiscal, a decline of 8.5 per cent when compared with Rs 3.19 crore posted in the corresponding period of the previous year.

The company's consolidated revenues in the same period was up 20.9 per cent at Rs 71.76 as against Rs 59.35 posted in the third quarter of the previous year.

The company's profits before tax for the quarter stood at 5.58 crore, a 18 per cent growth over the third quarter of the previous year. For the nine months ended December 31, the company recorded a profit of Rs 8.12 crore, a 75 per cent growth over Rs 4.64 crore posted same period of the previous year. Its revenues for nine months stood at Rs 192.88 crore, a 14 per cent increase.