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United Phosphorus & Zensar results

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Our Bureau Mumbai
United Phosphorus net doubles
 
United Phosphorus' net profit for the quarter ended March 2005 was higher at Rs 21.48 crore as compared with Rs 10.35 crore last year.
 
Total income increased to Rs 354.94 crore (Rs 262.47 crore). The board has recommended 40 per cent dividend on the equity shares and 7 per cent on the preference shares of Rs 10 each.
 
Zensar net up 210% to Rs 39 cr
 
Zensar Technologies, a joint venture of the RPG Group and Fujitsu, has reported a 210 per cent increase in its consolidated net profit at Rs 39.1 crore for the year ended March 31, 2005, as compared with Rs 12.6 crore for the previous year. Revenues increased 29 per cent at Rs 345 crore (Rs 267 crore).
 
According to a company release, the company added 700 resources in the current year and added 30 new clients. The release adds that the company has moved into a new SBU driven business model, which will enable it to strengthen its positioning within existing customer accounts, while at the same time, drive new business acquisition in focused markets and geographies.

 
 

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First Published: Apr 30 2005 | 12:00 AM IST

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