Zensar Technologies March-quarter consolidated net profit plunges 84.44 per cent to 10.73 crore

Software services company Zensar Technologies on Tuesday reported an 84.44 per cent dip in consolidated net profit at Rs 10.73 crore for the March quarter.

The Pune-headquartered firm had posted a net profit of Rs 68.96 crore in the year-ago period.

Its total income from operations fell by 0.12 per cent to Rs 743.77 crore in the January-March period last fiscal from Rs 744.71 crore in the same quarter of 2015-16.        

In a separate filing, Zensar said its board has recommended final dividend of Rs 7 per equity share for the year 2016-17. Shares of the company were trading 8 per cent lower at Rs 843.50 apiece on BSE.