Pune, India, October 31, 2025: Zensar Technologies, a leading Experience, Engineering and Engagement solutions company, announced its consolidated financial results for its second quarter, ending September 30, 2025, of the fiscal year 2025-2026.
Financial Highlights:
In Q2FY26, the company reported revenue of $162.8M, quarterly YoY growth of 4.2% in reported currency and 3.4% in constant currency. This translates to sequential QoQ growth of 0.5% in reported currency.
In Q2FY26, Gross Margins stood at 31.0%, sequential growth of 50bps QoQ.
Banking and Financial Services reported a sequential QoQ revenue growth of 5.6% and quarterly YoY growth of 11.0% in reported currency.
Healthcare and Life Sciences reported a sequential QoQ revenue growth of 3.9% and quarterly YoY growth of 11.3% in reported currency.
Manufacturing and Consumer Services reported a sequential QoQ revenue growth of 0.1% and quarterly YoY growth of 0.1% in reported currency.
Telecommunication, Media and Technology reported a sequential QoQ revenue decline of 9.9% and quarterly YoY decline of 6.7% in reported currency.
US region reported a sequential QoQ decline of 1.9% and quarterly YoY growth of 2.7% in reported currency.
Europe region reported a sequential QoQ growth of 5.2% and quarterly YoY growth of 6.0% in reported currency.
Africa region reported a sequential QoQ growth of 6.9% and quarterly YoY growth of 9.8% in reported currency.
Manish Tandon, CEO and Managing Director, Zensar, said, “This quarter, we forged ahead as an organization, delivering positive performance across multiple dimensions and achieving steady revenue growth. Disciplined execution, paired with scaled AI talent and a deep commitment to crafting meaningful and lasting client experiences remains our priority.
We are proud to announce the launch of ZenseAI, our next-generation platform designed to elevate our Experience, Engineering and Engagement value proposition. With ZenseAI, we are harnessing the transformative power of artificial intelligence to create lasting impact for our clients and driving innovation that endures.”
Pulkit Bhandari, CFO, Zensar, commenting on the Q2FY26 performance, said, “Zensar announced annual salary increments across geographies whilst maintaining our margin in guided mid-teen range. Our revenue reached $162.8 million in Q2FY26, marking a sequential growth of 0.5%. Our order book stood at $158.7M for the current quarter. Utilization improved by 50 bps to 84.8%. EBITDA stood at 15.4% and PAT at 12.8%, highlighting our commitment to consistent profitability.
We are vigilant on the evolving macro dynamics and its impact on our business. Our AI-based solutions are positively resonating with our clients and are proving instrumental in driving measurable impact. We see this momentum continuing as businesses increasingly prioritize innovation to drive value.”
Significant Wins in Q2FY26:
Legacy Modernization in Treasury & Risk through Gen AI Integration for a global FinTech Company
Gen AI-powered documentation and mood-based content discovery for a leading African Retail Company
AI-powered defect detection system to improve quality control processes for a US-based Commercial Manufacturer
WhatsApp-integrated Gen AI chatbot to enhance conversational intelligence for a major player in global Aviation IT industry
Payments channel upgradation enabled by AI-powered code modernization for one of the largest banks in Africa
AI platform for streamlining digital support by accelerating self-service for a leading US Food Services Company
Awards and Recognitions in Q2FY26:
Zensar named a Challenger in Avasant’s Digital Masters Awards 2025
Zensar's BridgeView Life Sciences Recognized as Major Contenders in the Everest Group’s Veeva Services PEAK Matrix® Assessment 2025