TRAI symposium on ‘Emerging Trends and Technologies in Broadcasting Sector’
The Telecom Regulatory Authority of India (TRAI), on Thursday, organised a symposium on ‘Emerging Trends and Technologies in Broadcasting Sector’.
Zensar Technologies reported a 110 per cent increase in net profit to Rs 161 crore for the Oct-Dec quarter of the current financial year compared to the same quarter of the previous fiscal, the IT services company disclosed in an exchange filing.
However, its net profit fell 7 per cent on a quarter-on-quarter basis.
Consolidated revenue for the quarter stood at Rs 1,204 crore, growing by 0.54 per cent year-on-year although it fell by 2.96 per cent on a quarter-on-quarter basis due to the challenging business environment.
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The operating margin declined QoQ to 14.6 per cent compared to 15.65 per cent last quarter.
Zensar CEO Manish Tandon said, “Our focus on client centricity and developing a strong go to market proposition via our Experience to Engineering to Engagement approach is yielding dividends. Our client conversations remain positive, and we expect growth in line with the industry.”
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