Zensar Technologies Latest Updates

Based on recent announcements, Zensar Technologies has reported strong financial performance for Q1 FY26, driven by growth in its core business segments and new deals, particularly in AI. The company is also making strategic corporate moves to expand its global footprint. Financial Performance (Q1 FY26) Zensar announced a 15.3% year-on-year (YoY) increase in net profit, reaching ₹182 crore. The company's revenue grew by 4.9% YoY in reported currency, with a total revenue of $162 million for the quarter. A key highlight was the strong order book of $172 million, an 11.7% YoY increase. The CEO noted that this growth was fueled by AI-led deals and improved service delivery. The company's profitability and financial stability were further reinforced by an EBITDA margin of 15.2% and healthy cash and investment reserves of $315.7 million. Business and Corporate Developments Zensar is actively pursuing strategic growth and operational efficiency. The board has given in-principle approval to establish a new entity in Serbia. The company's focus on technology and client satisfaction is evident through its recent partnership with mLogica to accelerate mainframe modernization and its achievement of "Managed Services Provider" status with ServiceNow. Additionally, Zensar has been recognized as a "Strong Performer" in the Whitelane Research UK and Ireland IT Sourcing Study 2025 and won a Gold at the ETHR World Future Skills Awards for its excellence in learning and development technology. The company also announced a proposed secondary market purchase of its own shares and the grant of ESOPS to employees.