Zensar Technologies reported steady Q2 FY26 consolidated revenue of ₹14.21 billion (around $162.8 million), reflecting a 4.2% YoY growth. Net profit stood at ₹1.82 billion. The company showed improved margins, strong performance in banking and financial services, and launched its AI platform ZenseAI with positive future outlook.
Zensar Technologies announced its consolidated financial results for Q2 FY26 ended September 30, 2025, posting steady growth amid challenging macroeconomic conditions. The company achieved consolidated revenue from operations of ₹14.21 billion (approximately $162.8 million), marking a 4.2% year-over-year increase in reported currency and 3.4% in constant currency. Net profit for the quarter was ₹1.82 billion, reflecting solid profitability and a year-on-year rise.
The firm enhanced its gross margins to 31%, driven by improved utilization and operational discipline, while maintaining EBITDA margins at 15.4%. Zensar’s banking and financial services segment led growth with a 10% year-over-year increase, supported by robust demand for digital transformation solutions. Other sectors like healthcare and life sciences also recorded healthy growth, while telecommunications and media faced some headwinds.
During the quarter, Zensar launched ZenseAI, its AI-driven platform, and secured multiple wins in generative AI projects across fintech, retail, aviation, and manufacturing, positioning itself for future growth anchored in AI innovation. Utilization rates improved to 84.8%, and backlog orders stood strong at $158.7 million.
The company ended Q2 FY26 with 10,550 employees and reported voluntary attrition at 9.8%. Its cash and investments were healthy at $293 million as of September 2025. CEO Manish Tandon reiterated the company’s focus on disciplined execution and scalable AI capabilities to sustain long-term growth momentum.
Notable updates:
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Consolidated revenue stood at ₹14.21 billion ($162.8 million), up 4.2% YoY
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Net profit reached ₹1.82 billion, showing solid profitability
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Gross margin improved to 31%, EBITDA margin steady at 15.4%
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Banking & Financial Services segment grew by 10% YoY
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Launch of ZenseAI platform and multiple AI project wins
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Utilization rate at 84.8%, order book valued at $158.7 million
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Workforce size: 10,550 employees; voluntary attrition at 9.8%
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Cash and investments totaled $293 million
Source: Reuters, Business Upturn, ScanX, Zensar Technologies official disclosures