Zensar Technologies, a prominent company specializing in Experience Engineering and Engagement solutions, has released its consolidated financial results for the first quarter ending June 30, 2025, for the fiscal year 2025-26. For the first quarter of fiscal year 2026, Zensar Technologies reported revenue of $162.0 million, marking a 4.9% increase compared to the same period last year in reported currency. On a constant currency basis, revenue grew by 3.8% year-on-year. Sequentially, the company achieved revenue growth of 3.3% in reported terms and 1.9% when adjusted for currency fluctuations.
Gross margins improved to 30.5%, representing a modest sequential increase of 20 basis points. This margin enhancement reflects continued operational efficiencies and effective cost management. The company’s financial health remains strong as it navigates market dynamics.
Regionally, the US market showed positive momentum with a 4.3% increase both sequentially and year-on-year in constant currency. Europe experienced a mixed performance, with a 5.8% sequential decline but a 3.8% increase compared to the previous year. Africa posted steady growth, with a 1.5% sequential rise and a small year-on-year increase of 0.6%.
By industry sectors, Banking and Financial Services delivered solid growth with a 2.9% sequential increase and an 8.2% rise year-on-year. Telecommunications, Media, and Technology grew 5.5% sequentially but declined 5.6% compared to the prior year. Manufacturing and Consumer Services saw a 4.1% sequential decline, offset by a modest 1.1% year-on-year growth. The Healthcare and Life Sciences sector stood out with strong gains, posting 5.2% sequential growth and an impressive 16.5% increase year-on-year.
Manish Tandon, CEO and Managing Director of Zensar Technologies, remarked, “We have delivered a solid quarter with consistent revenue growth, fueled by increasing momentum in AI-driven projects and impactful solution delivery. Our attrition rates are the lowest in two years, reflecting the strength of our team and organizational culture. Continued investment in reskilling and upskilling in emerging technologies has resulted in healthy utilization. Our focus on superior customer satisfaction, through our Experience, Engineering, and Engagement approach, demonstrates the relevance and robustness of our offerings. Execution excellence remains central as we continue delivering value to our clients.”
Pulkit Bhandari, CFO of Zensar, added, “We achieved robust revenue of $162.0 million this quarter, representing 1.9% growth in constant currency. EBITDA margin stood at 15.2%, with a PAT margin of 13.1%. We secured new orders valued at $172.0 million, an 11.7% year-on-year increase. Our cash and investments total $315.7 million, underscoring financial strength and providing flexibility to pursue growth initiatives. Despite political and macroeconomic challenges, we remain cautiously optimistic about the year ahead, relying on solid operational fundamentals. Our priority continues to be our people and maintaining excellent client satisfaction.”
Zensar Technologies designs, develops, and manages digital products through expertise in experience design, data engineering, and advanced analytics for over 145 global clients. The company’s solutions leverage leading industry platforms to help customers stay competitive, agile, and innovative amid rapid transformation. Headquartered in Pune, India, Zensar employs more than 10,000 professionals across over 30 locations, including San Jose, Seattle, Princeton, Cape Town, London, Singapore, and Mexico City.
