Zensar Technologies Q3 FY26 – Margin-Led Earnings Growth

Zensar Technologies delivered a stable performance in the December 2025 quarter, with modest revenue growth but strong improvement in operating efficiency, translating into healthy profit expansion. • Sales: ↑ 8% YoY to ₹1,431 crore (vs ₹1,326 crore in Dec 2024) • EBIDT: ↑ 21% YoY to ₹250 crore (vs ₹207 crore) • Net Profit: ↑ 37% YoY to ₹200 crore (vs ₹160 crore) • EPS: ↑ 25% YoY to ₹8.79 (vs ₹7.04) At a price of ₹722, market cap ₹16,427 crore, and PE 21.6, Zensar offers a balanced mix of steady growth and improving profitability. The faster rise in earnings compared to revenue highlights margin expansion and operating leverage, strengthening its position as a resilient mid-tier IT services player.