ZENSAR TECHNOLOGIES LTD
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BSE Code:
504067
NSE Code:
ZENSARTECH
Business Profile
Business Profile
Zensar Technologies (ZENSAR), a joint venture between RPG Enterprises and Fujitsu Services (UK), offers global software and business process outsourcing services. It was incorporated in March 1983.
The company delivers comprehensive services in mission-critical applications, enterprise applications, e-business, BPO and knowledge services. It has developed tools and methodologies including the proprietary Solution BluePrint (SBP), which enables its clients with innovative business solutions and a rapid go-to-market capability. It supports Fortune 500 clients with software business solutions that help them compete in the digital economy. Among the top 25 software services providers from India, it is the world`s first enterprise-wide SEI CMM Level 5 company and now a CMMI Level 5 company with industry expertise that spans retail, manufacturing, banking, finance, insurance, telecommunications, utilities and pharma. It has more than 4,000 employees with sales and operations presence across US, UK, Germany, Sweden, Finland, Middle East, South Africa, Hong Kong, Singapore, Australia, Japan and China.
Recent awards include the Exporter of the Year by CNBC TV 18 in association with DHL. In 2007, the company bagged new contracts in Oracle applications implementation and offshore support valued at USD 11 million; an insurance deal with a large South African insurance company valued at USD 7 million; and collaborated with the Hubei Province (China) extending its global delivery platform to support academic institutions. The company`s clientele includes Cisco, Fujitsu, Marks and Spencer, National Grid, Danaher Corporation, Logitech and Electronic Arts among others.
The registered office is located at Zensar Knowledge Park, Kharadi, Plot No.4, MIDC, Off Nagar Road, Pune-411014, Maharashtra.
Financials
The company reported a steep drop in standalone net profit for the quarter ended December 2008. During the quarter, the profit of the company declined 30.21% to Rs 72.30 million from Rs 103.60 million in the same quarter last year. Net sales for the quarter rose 26.41% to Rs 1,109 million, while total income for the quarter rose 25.80% to Rs 1,115.1 million, when compared with the prior year period. It posted earnings of Rs 3.02 a share during the quarter, registering 30.09% decline over previous year period.
Recent Developments
25-FEB-09
The company has announced a strategic partnership with TwoFour Media UK`s largest broad cast TV company for launching media product in India.