#India #revenue growth #Pune #Fiscal Performance #Zensar Technologies

Zensar Technologies Reports Impressive Q2FY27 Revenue Growth

Zensar Technologies, a prominent player in the field of Experience, Engineering, and Engagement solutions, has announced its financial results for the second quarter of the fiscal year 2026-2027. The findings reveal a remarkable sequential revenue growth of 4.1% when measured in constant currency, underscoring the company’s resilience and strategic focus in a dynamic market environment.

Financial Performance Overview

For the quarter ending September 30, 2026, Zensar reported total revenues of $166.2 million. This growth translates to an impressive quarter-on-quarter (QoQ) increase of 5.1% when viewed in Indian Rupees (INR), with a year-on-year (YoY) increase of 11.5%. The company's EBITDA also witnessed improvement, reaching 15.8% of revenue—an increase of 120 basis points from the previous quarter.

Regional Insights

The performance varied across regions, with notable growth in the US, Europe, and Africa:

• - US Region: Recorded a 4.5% QoQ growth and a 2.5% YoY growth in constant currency, indicating a solid demand.
• - Europe Region: Achieved a 1.3% QoQ growth alongside a modest 0.3% YoY increase in constant currency.
• - Africa Region: Showed resilience with a 6.7% QoQ growth and a 2.2% YoY growth in constant currency.

Sector-Specific Achievements

In terms of sector performance, Zensar excelled in the Banking and Financial Services industry, reporting a 7.1% QoQ and a substantial 17.1% YoY growth in constant currency. Conversely, the Healthcare and Life Sciences sector saw a slight decline of 9.9% on a YoY basis.

The Telecommunications, Media, and Technology sector struggled with a 2.2% QoQ decline and a staggering 21.6% YoY decrease, highlighting challenges within this space.

Strategic Investments and AI Initiatives

Manish Tandon, CEO and Managing Director of Zensar, attributed the positive financial outcomes to the company's strategic investments in key growth areas. He stated, "Our efforts are yielding substantial results reflected in our consistent growth, enhanced by improved EBITDA margin and robust volume momentum across all regions we're focusing on."

Notably, a significant proportion of Zensar’s projects are increasingly driven by artificial intelligence (AI). Their ZenseAI suite is seeing fruitful installations, with AI-centric deals representing 36% of Zensar's order book for Q2FY27. Such initiatives not only enhance client trust but also solidify the company’s reputation in AI-led solutions.

Pulkit Bhandari, CFO of Zensar, also noted, "Our balance sheet remains strong, allowing us to capitalize on emerging tech trends. The positive feedback from clients related to AI and digital modernization indicates a shifting landscape that firms must navigate efficiently."

Notable Accomplishments and Recognition

The second quarter of FY27 also brought several accolades to the company:

• - Recognized as a Major Contender and Star Performer in the Everest Group's assessments for various IT services, including Life and Annuity Insurance.
• - Awarded 'AI-Led Digital Transformation Services Company of the Year' at the GCC Leadership Conclave 2026.
• - Acknowledged for excellence in workplace inclusivity and learning strategies, further cementing its position as a leader not just in technology but also in corporate responsibility.

Conclusion

As Zensar Technologies continues to push boundaries in the digital domain, the Q2FY27 growth results paint a promising picture for the company's future. Through sustained commitment to innovation, AI integration, and responsive client service, Zensar is well-positioned to thrive in an ever-evolving business landscape.

For more insights and detailed information, interested parties can visit Zensar Technologies’ official website.

With over 12,000 employees operating across 30+ locations globally, including major cities such as San Jose, Seattle, and London, Zensar is not only a driver of technological advancement but also a catalyst for workforce inclusivity and development.