Zensar Technologies Ltd Q4 FY20 consolidated PAT jumps to Rs. 69.51 crore

ZENSAR TECHNOLOGIES LTD. has reported financial results for the period ended March 31, 2020.

Financial Results (Q4 FY19-20) - QoQ Comparison

The company has reported total income of Rs.1033.90 crores during the period ended March 31, 2020 as compared to Rs.1060.18 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.69.51 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.39.53 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.3.04 for the period ended March 31, 2020 as compared to Rs.1.73 for the period ended December 31, 2019.

Financials	Q4 FY19-20	Q3 FY19-20	% Change
Total Income	₹ 1033.90 crs	₹ 1060.18 crs	-2.48%
Net Profit	₹ 69.51 crs	₹ 39.53 crs	75.84%
EPS	₹ 3.04	₹ 1.73	75.72%

Financial Results (Q4 FY19-20) - YoY Comparison

The company has reported total income of Rs.1033.90 crores during the period ended March 31, 2020 as compared to Rs.1082.41 crores during the period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.69.51 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.82.74 crores for the period ended March 31, 2019.

The company has reported EPS of Rs.3.04 for the period ended March 31, 2020 as compared to Rs.3.62 for the period ended March 31, 2019.

Financials	Q4 FY19-20	Q4 FY18-19	% Change
Total Income	₹ 1033.90 crs	₹ 1082.41 crs	-4.48%
Net Profit	₹ 69.51 crs	₹ 82.74 crs	-15.99%
EPS	₹ 3.04	₹ 3.62	-16.02%

Financial Results (12 months ended FY 19-20) - YoY Comparison

The company has reported total income of Rs.4270.10 crores during the 12 months period ended March 31, 2020 as compared to Rs.4059.01 crores during the 12 months period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.263.42 crores for the 12 months period ended March 31, 2020 as against net profit / (loss) of Rs.313.59 crores for the 12 months period ended March 31, 2019.

The company has reported EPS of Rs.11.53 for the 12 months period ended March 31, 2020 as compared to Rs.13.70 for the 12 months period ended March 31, 2019.

Financials	Year Ended FY19-20	Year Ended FY18-19	% Change
Total Income	₹ 4270.10 crs	₹ 4059.01 crs	5.2%
Net Profit	₹ 263.42 crs	₹ 313.59 crs	-16%
EPS	₹ 11.53	₹13.70	-15.84%

Sandeep Kishore, Chief Executive Officer and Managing Director, Zensar Technologies,said, "In FY20 we focused on improving our business operational metrics. One of the key highlights include an increase in the number of our $5MN per annum customer accounts which grew by 5 YoY, underlining that our new age digital, data and cloud offerings are helping our clients transform their business. Our digital business continues its consistent growth at 23.0% YoY in constant currency terms in FY20."

Adding further, he said, "The current COVID-19 related situation has further reinforced our customercentric values, as we partner with our customers to remain a key part of their operational and strategic roadmap. Our global workforce is our priority and we continue to support them in all possible ways to remain healthy, safe, connected and productive."

Navneet Khandelwal, Chief Financial Officer, Zensar Technologies said, "In FY20, we put focused efforts to improve our cash management. All the initiatives resulted in an increase of our operating cash flow by 299.2% on a YoY basis in INR terms. It stood at 229.3% of our PAT in FY20."

"Additionally, our rigour on collections helped us to improve our DSO from 102 days to 87 days. Our cost optimization measures have resulted in an increase in the EBITDA on a sequential basis by 100.2% and our Gross Margin improved sequentially by 20.0%." he further added.

Shares of ZENSAR TECHNOLOGIES LTD. was last trading in BSE at Rs.83 as compared to the previous close of Rs. 82.25. The total number of shares traded during the day was 1997 in over 76 trades.

The stock hit an intraday high of Rs. 83.9 and intraday low of 81. The net turnover during the day was Rs. 165884.

Source : Equity Bulls

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