Zensar Technologies Q1 Review - Strong Beat In Revenue; Recovery In Hi-Tech To Continue: Prabhudas Lilladher

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Prabhudas Lilladher Report.Zensar Technologies Ltd.’s revenue growth (up 5.8% q-o-q U.S. dollar) is back after seven quarters of muted growth, indicating new management’s (Chief Executive Officer Mr. Ajay Bhutoria joined in January 2021) refreshed strategy is headed in right direction. Strong performance was driven by hi-tech (up 13.4% q-o-q U.S. dollar) and banking (up 4.8% q-o-q) while rest of the verticals showed muted growth.Deal win total contract value was soft at $96.7 million versus quarterly average TCV of $150 million in FY21 largely due to conservatism of management in reporting TCV. Zensar Technologies' management mentioned that they have signed good amount of new logos this quarter and expect it to reflect in order book as they start delivering.. Click on the attachment to read the full report: .DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Zensar Technologies Q1 Review - Strong Beat In Revenue; Recovery In Hi-Tech To Continue: Prabhudas Lilladher

Zensar Technologies Q1 Review - Strong Beat In Revenue; Recovery In Hi-Tech To Continue: Prabhudas Lilladher

Choose a plan