Zensar Technologies reported a net profit (consolidated) growth of 85 per cent due to high utilisation rate, forex gain and increasing focus on its solutions offering and emerging markets.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>Net profit for the quarter was at Rs 24.73 crore from Rs 13.35 crore for the corresponding quarter last financial year. </P>
</p><p class='TableClas'>Revenue for the quarter at Rs 211.07 crore was up 12.3 per cent from Rs 187.9 crore for the same quarter ended June 30, 2008. </P>
</p><p class='TableClas'>The company reported a marginal forex gain of Rs 3 crore for the quarter. &#34We have not been too aggressive in our hedging strategy. At any given time we have 60 per cent or so in forward hedges. Since the Rupee depreciated by almost 10 per cent we had some gains,&#34 said S Balasubramaniam, Chief Financial Officer, Zensar Technologies.</P>
</p><p class='TableClas'>Sequentially the company&#39;s net profit was up 14.8 per cent from Rs 21.54 crore 

Zensar net up 85% y-o-y

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