Zensar Technologies announced a 2.2% YoY revenue growth in reported currency for Q3 FY26. Revenue reached $160.5M. EBITDA increased to 17.4% of revenue, showing sequential QoQ increase of 200 bps. The company’s order book grew by 13.6% QoQ, reaching $180.2M. The company is focusing on becoming an AI-native technology services provider.
Financial Performance Highlights
In Q3 FY26, Zensar Technologies reported revenue of $160.5M, reflecting a YoY growth of 2.2% in reported currency and 1.3% in constant currency. Gross Margin stood at 33.7% of revenue, up 270 bps sequentially.
EBITDA was reported at 17.4% of revenue, showcasing a sequential QoQ increase of 200 bps. The order book reached $180.2M, a sequential QoQ growth of 13.6%. Net cash and cash equivalents were $322.4M at the end of the quarter.
Segment Performance
Manufacturing and Consumer Services saw sequential QoQ revenue growth of 3.2%, but a YoY decline of 2.7%. Banking and Financial Services experienced a sequential QoQ revenue decline of 0.4% but a YoY growth of 12.2%. Healthcare and Life Sciences had a sequential QoQ revenue decline of 2.5% but a YoY growth of 5.2%.
Telecommunication, Media and Technology saw both sequential and YoY revenue declines of 8.8% and 11.6%, respectively.
Regional Performance
The US region registered a sequential QoQ decline of 3.0% and a YoY decline of 0.4%. Europe registered a sequential QoQ growth of 1.2% and YoY growth of 6.1%. Africa experienced sequential QoQ growth of 2.8% and YoY growth of 10.7%.
Strategic Focus
Zensar is committed to becoming an AI-native technology services company. Approximately 20% of this year’s order book is AI-Influenced.
Key Wins in Q3 FY26
Zensar developed an Agentic AI solution to automate business processes for a US-based cybersecurity organization. The company is also driving productivity through AI-powered intelligent search and discovery for a European motoring association.
Additionally, Zensar provided Enterprise AI Readiness Assessment and Strategic Consulting for a global client in the aviation industry and developed an AI web application for end-to-end repository analysis for a multinational Financial Services Company.
Source: BSE
