Zensar Technologies Q4 Review - Return Of Consistency In Revenue Growth: Prabhudas Lilladher

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Prabhudas Lilladher Report.Zensar Technologies Ltd. reported strong revenue beat of $153.2 million, 4.2% QoQ constant currency, up 4.1% QoQ U.S. dollar (our estimate: 2%, consensus: 2%), thereby consistently delivering healthy revenue growth for four consecutive quarters. It is on-track in management’s aspiration of delivering sustainable, consistent and predictable growth. Revenue growth momentum is expected to sustain, given strong headcount addition (11% QoQ, 45% YoY) and deal wins (up 32% QoQ, up 66% YoY) in Q4. However, Zensar Tech's margins are expected to remain under pressure in FY23 due to weak exit margins (flat QoQ, down 474 basis points YoY), very high attrition levels (last twelve months attrition at 27.9%, quarterly attrition down QoQ) and investments for growth..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Zensar Technologies Q4 Review - Return Of Consistency In Revenue Growth: Prabhudas Lilladher

Zensar Technologies Q4 Review - Return Of Consistency In Revenue Growth: Prabhudas Lilladher

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