Zensar Technologies Posts ₹1,585.2 Crore Q2 FY27 Revenue, PAT Grows 2.8% QoQ; EBITDA Margin Improves

Zensar Technologies announced a revenue of ₹1,585.2 crore for Q2 FY27, representing a 5.1% increase from the previous quarter in Indian rupees and a 4.1% rise in constant currency terms. The company's profit after tax (PAT) for the same period was ₹190.2 crore, reflecting a 2.8% sequential growth. Earnings before interest, tax, depreciation, and amortisation (EBITDA) reached ₹249.7 crore, marking a 13.1% quarter-on-quarter improvement.

EBITDA margin expanded to 15.8% in Q2 FY27, up by 120 basis points quarter-on-quarter. CFO Pulkit Bhandari highlighted that revenue growth was consistent across all regions, while CEO Manish Tandon credited focused investments for tangible results, underlining the company's robust balance sheet and operating discipline. The firm added 1,973 employees, boosting its headcount to 12,320, with utilization (excluding trainees) reaching 87.6%, a 250 basis point increase quarter-on-quarter.

Active clients totaled 181, and AI-influenced deals accounted for 36% of the order book, growing by 1.5% quarter-on-quarter. AI investments continued, with several AI-driven projects finalized during the quarter. Geographically, revenue in the US grew by 4.5% quarter-on-quarter and by 2.5% year-on-year, while Europe saw 1.3% QoQ growth and 0.3% YoY growth.

Africa experienced a notable 6.7% QoQ surge and 2.2% YoY growth. Banking and Financial Services, Healthcare and Life Sciences, and Manufacturing and Consumer Services all demonstrated robust QoQ growth of 7.1%, 2.4%, and 2.9% respectively. Telecommunications, Media, and Technology faced a 2.2% quarter-on-quarter decline.