Zensar Technologies reports 13 per cent increase in PAT

Zensar Technologies consolidated revenue for the quarter came in at Rs. 968.71 crores, registering 7.09 per cent QoQ increase. This was primarily driven by growth in both segments viz, Aviation management services (up by 6.8 per cent QoQ) and Infrastructure management services (up by 8.5 per cent QoQ). The Digital segment contributed around 44 per cent of Q2FY19 overall revenue.

EBITDA for the quarter rose by 5.71 per cent QoQ to Rs. 122.87 crores with a corresponding margin contraction of 17 bps. EBITDA margin for the quarter stood at 12.68 per cent. PAT for the quarter came in at Rs. 95.03 crores, QoQ increase of 13.25 per cent.

In response to this quarterly numbers, the stock of Zensar opened gap up at Rs. 259 apiece as against its previous close of Rs. 247.4 per share. At 10:20 hours, the stock was trading at Rs. 249.3 apiece.