Zensar reports 6.3% YoY revenue growth in constant currency for Q4FY25

Pune, India, April 25, 2025: Zensar Technologies, a leading Experience Engineering and Engagement solutions company, announced its consolidated financial results for its fourth quarter, ending March 31, 2025, of the fiscal year 2024-2025.

Financial Highlights:

• In Q4FY25, the company reported revenue of $156.8M, sequential QoQ growth of 0.9% in constant currency and QoQ decline of 0.1% in reported currency.
• In Q4FY25, Gross Margins stood at 30.3%, sequential growth of 20bps QoQ with an EBITDA% of 15.6%.
• For the full year FY25, the company reported revenue of $624.5M, yearly YoY growth of 5.1% in constant currency and 5.4% in reported currency.
• Company reported net cash balance of $290.5M.
• US as a region grew by 0.3% sequential QoQ and by 6.5% YoY in constant currency
• Europe as a region grew by 2.5% in sequential QoQ and by 10.0% in YoY constant currency terms
• Africa as a region grew by 0.9% sequential QoQ but declined by 1.7% in YoY constant currency terms.
• Banking and Financial Services reported a sequential QoQ revenue growth of 3.4% in constant currency.
• Telecommunication, Media and Technology reported a sequential QoQ revenue growth of 1.7% in constant currency.
• Manufacturing and Consumer Services reported a sequential QoQ revenue decline of 2.6% in constant currency.
• Healthcare and Life Sciences reported a sequential QoQ revenue decline of 1.4% in constant currency.

Manish Tandon, CEO and Managing Director, Zensar, said, “We’re proud to report consistent growth across all geographies in constant currency, Zensar’s performance reflects the resilience and global relevance of our EEE value proposition. This quarter marks our highest-ever order book, driven by strong client confidence and strategic investments. Focused efforts in mining new accounts are yielding results, with significant traction in client acquisitions. Additionally, our improved attrition number highlights the success of our people-first approach and culture that values long-term relations.”

Pulkit Bhandari, CFO, Zensar, commenting on the Q4FY25 & FY25 performance, said, “Revenue for the quarter was $156.8M translating into 0.9% growth in constant currency with an EBITDA margin of 15.6%. For the year, revenue stood at $624.5M with constant currency growth of 5.1%. Continuing our momentum with sales effort, we booked orders worth $213.5M this quarter. The quality of engagements is more strategic and long term which is a validation of our strategy.

We delivered a balanced performance on all operational and financial parameters. Revenue grew along with sustainable margins. With a strong focus on verticalization, deepening service line capabilities and investing in AI solutions, we believe Zensar is well poised to capture upcoming opportunities”

Significant Wins in Q4FY25:

• End-to-end infrastructure managed services onshore model for a vision care company. 
• Guidewire migration for a US based motor association that provides insurance.
• Reimagined to establish a distinct brand positioning for a retail clothing group.
• AI-based solutions to reduce human exposure to hazardous material for client in pipe solution.
• Digital transformation to establish a robust cloud-first ecosystem for a British retail bank
• Automation of pricing engine for Leading distributor’s products.

Awards and Recognitions in Q4FY25:

• Zensar was named a 2025 Training APEX Awards winner for the fourth consecutive year.
• Zensar was recognized as a WOW Workplace (Workplace of Winners) for FY25 in the IT, ITES, & GCC category.
• Zensar South Africa was certified as a Top Employer for the fourth consecutive year.