Zensar Technologies announced its consolidated financial results for the second quarter ended September 30, 2026. The company reported a sequential constant currency revenue growth of 4.1%, reaching $166.2 million. EBITDA margin improved to 15.8%, a 120 bps increase QoQ. AI-influenced deals now represent 36% of the order book, highlighting Zensar’s focus on advanced technology capabilities.
Zensar Technologies Reports Strong Q2FY27 Performance
Zensar Technologies, a leading Experience, Engineering and Engagement solutions company, has announced its consolidated financial results for the second quarter of the fiscal year 2026-2027, ending September 30, 2026. The company achieved a sequential constant currency revenue growth of 4.1%, with total revenue amounting to $166.2 million. In INR terms, this performance reflects a quarterly growth of 5.1% and a year-over-year growth of 11.5%.
Key Financial Highlights
The company reported a robust EBITDA margin of 15.8% of revenue, marking a 120 basis points increase quarter-over-quarter. Significant revenue growth was observed across various regions and verticals:
- US region saw a 4.5% QoQ revenue growth and 2.5% YoY growth in constant currency.
- Africa region registered a 6.7% QoQ revenue growth and 2.2% YoY growth.
- Banking and Financial Services (BFSI) achieved a 7.1% QoQ revenue growth and 17.1% YoY growth.
However, the Healthcare and Life Sciences vertical experienced a 9.9% YoY decline, and Telecommunication, Media and Technology (TMT) saw a 21.6% YoY decline in revenue.
Strategic Focus and Future Outlook
Manish Tandon, CEO and Managing Director, commented on the results, stating, “Our focused investments in strategic priorities are delivering tangible results, reflected in strong, broad-based constant currency growth of 4.1% in Q2FY27, supported by healthy volume momentum across all our focus geographies.” He also highlighted the growing confidence in AI-led capabilities, with AI-influenced deals now representing 36% of the order book for Q2FY27. Pulkit Bhandari, CFO, added, “We continue to maintain a robust balance sheet, enabling us to pursue strategic investments and capitalize on emerging technology trends.” The company anticipates continued demand driven by investments in AI and digital modernization.
Significant Wins and Recognitions
The report also detailed several significant wins in Q2FY27, including Al-native product modernization for an enterprise software provider and Al-led procurement transformation for a global mining company. Zensar also received multiple analyst and industry awards, underscoring its strengths in areas such as Al-led Digital Transformation and its position as an inclusive workplace.
Source: BSE
