Zensar Posts 2.2 Per Cent YoY Revenue Growth In Q3 FY26

27 Jan 2026 CW Team

In Q3 FY26, the company posted revenue of $160.5 million, representing year-on-year growth of 2.2 per cent in reported currency and 1.3 per cent in constant currency. Sequentially, revenue declined by 1.4 per cent in reported currency and 1.3 per cent in constant currency. In Indian rupee terms, revenue reflected year-on-year growth of 7.9 per cent and quarter-on-quarter growth of 0.7 per cent.

Gross margin stood at 33.7 per cent of revenue, improving sequentially by 270 basis points. EBITDA was reported at 17.4 per cent of revenue, reflecting a sequential improvement of 200 basis points. The company recorded an order book of $180.2 million, marking sequential growth of 13.6 per cent.

Zensar reported net cash and cash equivalents of $322.4 million at the end of Q3 FY26, while days sales outstanding stood at 71 days, improving sequentially by four days.

Across verticals, manufacturing and consumer services recorded sequential revenue growth of 3.2 per cent and year-on-year growth of 2.7 per cent in reported currency. Banking and financial services reported sequential decline of 0.4 per cent and year-on-year growth of 12.2 per cent. Healthcare and life sciences recorded sequential growth of 2.5 per cent and year-on-year growth of 5.2 per cent. Telecommunications, media and technology reported sequential decline of 8.8 per cent and year-on-year decline of 11.6 per cent. The US region saw sequential decline of 3.0 per cent and year-on-year decline of 0.4 per cent, while Europe recorded sequential growth of 1.2 per cent and year-on-year growth of 6.1 per cent. Africa reported sequential growth of 2.8 per cent and year-on-year growth of 10.7 per cent.

Management highlighted disciplined execution, strong cash position and improving margins as key performance drivers. The company also emphasised continued investments in artificial intelligence-led solutions across enterprise, cybersecurity, financial services and analytics, with multiple AI-driven deployments delivered during the quarter.

Zensar continues to strengthen its market positioning through innovation, strategic client engagements and talent development, while navigating cautious client spending and evolving demand patterns in global technology services.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Zensar Technologies Limited, a leading experience, engineering and engagement solutions company, reported consolidated financial results for the third quarter ended December 31, 2025, recording stable growth despite a challenging macro environment. In Q3 FY26, the company posted revenue of $160.5 million, representing year-on-year growth of 2.2 per cent in reported currency and 1.3 per cent in constant currency. Sequentially, revenue declined by 1.4 per cent in reported currency and 1.3 per cent in constant currency. In Indian rupee terms, revenue reflected year-on-year growth of 7.9 per cent and quarter-on-quarter growth of 0.7 per cent. Gross margin stood at 33.7 per cent of revenue, improving sequentially by 270 basis points. EBITDA was reported at 17.4 per cent of revenue, reflecting a sequential improvement of 200 basis points. The company recorded an order book of $180.2 million, marking sequential growth of 13.6 per cent. Zensar reported net cash and cash equivalents of $322.4 million at the end of Q3 FY26, while days sales outstanding stood at 71 days, improving sequentially by four days. Across verticals, manufacturing and consumer services recorded sequential revenue growth of 3.2 per cent and year-on-year growth of 2.7 per cent in reported currency. Banking and financial services reported sequential decline of 0.4 per cent and year-on-year growth of 12.2 per cent. Healthcare and life sciences recorded sequential growth of 2.5 per cent and year-on-year growth of 5.2 per cent. Telecommunications, media and technology reported sequential decline of 8.8 per cent and year-on-year decline of 11.6 per cent. The US region saw sequential decline of 3.0 per cent and year-on-year decline of 0.4 per cent, while Europe recorded sequential growth of 1.2 per cent and year-on-year growth of 6.1 per cent. Africa reported sequential growth of 2.8 per cent and year-on-year growth of 10.7 per cent. Management highlighted disciplined execution, strong cash position and improving margins as key performance drivers. The company also emphasised continued investments in artificial intelligence-led solutions across enterprise, cybersecurity, financial services and analytics, with multiple AI-driven deployments delivered during the quarter. Zensar continues to strengthen its market positioning through innovation, strategic client engagements and talent development, while navigating cautious client spending and evolving demand patterns in global technology services.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..