Zensar Tech net up 208%

IT solutions company Zensar Technologies has posted a 208 per cent rise in its second quarter net profit at Rs 6.23 crore over the same quarter in 2003-2004.

Announcing the second quarter results here on Friday, Zensar deputy chairman and managing director Ganesh Natarajan said the company's revenues for the quarter stood at Rs 85.97 crore.

The consolidated revenues of the company showed a robust growth of 34 percent at Rs 162.07 crore as compared to Rs 121.12 crore of the corresponding period during the last financial year, Natarajan said.

Zensar is a global software solutions provider supporting fortune 500 companies and other corporations with business expertise and services.

Listed among the top Indian software exporters, Zensar has an annual turnover of $59 million.

A joint venture between RPG and Fujitsu Services, Zensar is headquartered at Pune. and its customer base is spread across 18 locations around the world, he added.