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Zensar Technologies has posted its Q4 profit nearly flat at Rs 70.2 crore down from Rs 71.54 crore seen in the year ago period.
Also the margins sequentially dropped 200 basis points.
Sandeep Kishore, the Chief Executive Officer and Managing Director of the company has said that the weak numbers were a result of the dip in the maintenance revenue.
He said that the dip in the company’s maintenance business revenues led to the no-show in the quarter gone by.
He further said that the company will be focusing more on its core strategy, its digital business.
He said that the digital services which is the core growth engine of the company has rose 25 percent in the fourth quarter and constitute around 27 percent of the overall business.
