Pune, India, October 28, 2026: Zensar Technologies, a leading Experience, Engineering and Engagement solutions company, announced its consolidated financial results for its second quarter, ending September 30, 2026, of the fiscal year 2026-2027.
Financial Highlights:
In Q2FY27, the company posted revenue of $166.2M, sequential quarter constant currency growth of 4.1%. In INR terms, this performance reflects a quarterly QoQ growth of 5.1% and YoY growth of 11.5%.
In Q2FY27, the company reported EBITDA at 15.8% of revenue, a QoQ increase of 120 bps.
US region registered a QoQ revenue growth of 4.5% and quarterly YoY growth of 2.5% in constant currency.
Europe region registered a QoQ revenue growth of 1.3% and quarterly YoY growth of 0.3% in constant currency.
Africa region registered a QoQ revenue growth of 6.7% and quarterly YoY growth of 2.2% in constant currency.
Banking and Financial Services registered a QoQ revenue growth of 7.1% and quarterly YoY growth of 17.1% in constant currency.
Healthcare and Life Sciences registered a QoQ revenue growth of 2.4% and quarterly YoY decline of 9.9% in constant currency.
Manufacturing and Consumer Services registered a QoQ revenue growth of 2.9% and quarterly YoY decline of 0.1% in constant currency.
Telecommunication, Media and Technology registered a QoQ revenue decline of 2.2% and quarterly YoY decline of 21.6% in constant currency.
Manish Tandon, CEO and Managing Director, Zensar, said, “Our focused investments in strategic priorities are delivering tangible results, reflected in strong, broad-based constant currency growth of 4.1% in Q2FY27, supported by healthy volume momentum across all our focus geographies, while the improvement in EBITDA margin underscores the strength of our execution and operating discipline.
Building on the momentum of our ZenseAI suite, we are progressing from proof of value to productionscale adoption across several clients. AI-influenced deals now represent 36% of our order book for Q2FY27, demonstrating growing client confidence in our AI-led capabilities. We remain committed to delivering sustainable, profitable growth and creating long-term value for our clients and shareholders, while continuing to invest in the capabilities that will shape our future.”
Pulkit Bhandari, CFO, Zensar, commenting on the Q2FY27 performance, said, “Our revenue grew across all geographies during the quarter. EBITDA margin stood at 15.8%, a sequential increase of 120 bps. We continue to maintain a robust balance sheet, enabling us to pursue strategic investments and capitalize on emerging technology trends.
The demand environment today is largely supported by continued investments in AI & digital modernization. This has led to evolving workforce needs, and an increasingly complex cybersecurity landscape. We believe the next phase of growth will favour organizations that can pivot seamlessly into newer trends, combine AI capabilities, domain expertise, and secure execution at scale.”
Significant Wins in Q2FY27:
AI-native product modernization of a unified cloud-native customer portal, consolidating legacy systems for a leading enterprise software provider.
Zensar enabled inventory optimization through AI-driven predictive recommendations that reduce waste and improve purchasing decisions for a leading book distributor.
AI-led procurement and supply chain transformation, deploying intelligent automation to improve efficiency and decision-making for a leading global mining company.
Agentic AI workflows and operational intelligence for Change and Release Management transformation to accelerate decision-making for a leading global wealth management firm.
Deployment of proprietary ZenseAI.Guidewire to automate release impact analysis and CI/CD workflows, improving delivery efficiency for a leading insurance provider.
AI-powered itinerary planning platform development through a dedicated AI POD, accelerating travel experience innovation for a leading travel technology provider
Awards and Recognitions in Q2FY27:
I. Analyst recognitions
Zensar is recognized as Major Contender and Star Performer in Everest Group’s Life and Annuity (L&A) Insurance IT Services PEAK Matrix® Assessment 2026
Zensar is recognized as Major Contender in Everest Group’s Quality Engineering (QE) Services for AI Applications and Systems PEAK Matrix® Assessment 2026
Zensar is recognized as Major Contender in Everest Group’s Cybersecurity Services PEAK Matrix® Assessment 2026
Zensar is recognized as an Aspirant in Everest Group’s Pharmaceutical R&D IT Services PEAK Matrix® Assessment 2026
Zensar is recognized as an Aspirant in Everest Group’s Retail Digital Services PEAK Matrix® Assessment 2026
II. Industry Awards
Zensar was recognized with the 'AI-Led Digital Transformation Services Company of the Year' award at the GCC Leadership Conclave 2026.
Zensar was recognized with the prestigious ‘Brandon Hall Excellence Award’ for our AI-First Transformation Program for BFSI Leaders in the category of ‘Best Learning Strategy’.
Zensar was recognized among India’s Most Inclusive Workplaces by Avtar & Seramount in their 2026 Workplace Excellence Studies under the following categories:
- Best Companies for Women in India (BCWI) 2026
- Exemplars of Inclusion 2026 under the Most Inclusive Companies Index (MICI)
