The Pune-based company clocked 5.1 per cent YoY growth in operating revenue to Rs 1,212 crore in Q4FY23 from Rs 1,153 crore, in the year-ago period. Vertical-wise, hi-tech, manufacturing, banking, and insurance were the top revenue contributors, in the range of 16 per cent to 31.1 per cent in the March quarter.
Earnings before interest, tax, depreciation, and amortisation (Ebitda), meanwhile, grew 7 per cent YoY to Rs 175 crore in Q4FY23, while it was up 30.4 per cent quarter-on-quarter (QoQ) from Rs 134 crore in Q3FY23.
“We had one of the best day-sales-outstanding (DSO) in recent quarters, and collections were healthy for the company. DSO stood at 74 days for the quarter, improved by 6 days QoQ.Our order book for Q4FY23 stood at $174.9 million, seasonally high growth of 34 per cent over the last quarter,” said Sachin Zute, Chief Financial Officer, Zensar Technologies.
At the bourses, so far this calendar year (CY23), shares of Zensar Tech have soared 60 per cent, as against 1 per cent rise in the S&P BSE Sensex.