Zensar Technologies Q1 FY26: Profit up 15.3% YoY

Results calendar: board meeting set for July 29, 2026

Zensar Technologies has scheduled a board meeting for 2026-07-29 to consider and approve the company’s unaudited financial results for Q1 FY27. The update places the next set of numbers on the market calendar at a time when investors are watching deal momentum and margin resilience across mid-tier IT services companies. The company’s last reported operational snapshot, referenced in the provided details, highlights steady revenue growth in both rupee and dollar terms, alongside changes in operating margins.

The notice around the board meeting follows earlier updates timestamped as “Updated: Mon 22 Jun, 2026 | 15:29:07.” Separately, the text also includes a price line “450.15 2.20 (0.49%),” presented without additional context on the exchange or instrument. Another stock close cited in the same material states that, as of Tuesday, July 22, 2025, Zensar Technologies closed at ₹811.30 on the NSE.

What the company reported for the June quarter

For the quarter ended June (Q1 FY26, as described in the material), Zensar reported consolidated net profit (PAT) of ₹1,820 million, up 15.3% year-on-year (YoY). On a sequential basis, the narrative notes net profit grew 3.2% quarter-on-quarter (QoQ) to ₹182 crore (which equals ₹1,820 million). Revenue for the quarter reached ₹13,850 million (₹1,385 crore), with the text also describing this as a 4.9% YoY increase in reported currency.

In US dollar terms, revenue stood at $162.0 million for the quarter. The provided figures describe revenue growth as 3.3% QoQ in reported currency and 1.9% QoQ in constant currency. The same set of details also describes 4.9% YoY growth in reported currency and 3.8% YoY growth in constant currency.

The company’s reported profitability metrics show a mixed picture. Gross margin improved to 30.5%, up 20 basis points sequentially. EBITDA margin was reported at 15.2%, with one section stating it declined by 40 basis points quarter-on-quarter, while another line notes margins were “flat at 15.2%.” PAT margin for the quarter was stated at 13.1%.

Deal wins and operating indicators cited in the update

Beyond the income statement, the material highlights several operating metrics that investors typically track in IT services. Order bookings for the quarter were stated at $172.0 million, up 11.7% YoY. The update also mentions a focus on Banking and Financial Services and “AI-led deals,” describing this as a contributor to performance.

Cash and investments were reported at $115.7 million. Days sales outstanding (DSO) improved by one day to 72 days. Utilisation rate was reported at 84.3%, up 40 basis points from the previous year. Voluntary attrition was stated at 9.8%, down 10 basis points sequentially.

The company added 728 employees during the quarter, as per the figures provided. These metrics collectively point to stable operational execution in the period described, with emphasis on bookings, working capital discipline, and retention.

QoQ comparison: revenue and expenses moved in opposite directions

The quarterly table provided in the material (stated as “All figures in crores except per share values”) offers a QoQ comparison between the June quarter and the immediately preceding March quarter. Total revenue for the June quarter is listed at ₹1,385.00 crore (₹13,850 million), compared with ₹1,450.40 crore (₹14,504 million) in the March quarter.

On the cost side, total operating expense is shown at ₹1,197.50 crore (₹11,975 million) in the June quarter versus ₹1,237.00 crore (₹12,370 million) in the March quarter. Selling, general and admin expenses are listed at ₹876.10 crore (₹8,761 million) for the June quarter compared with ₹934.60 crore (₹9,346 million) in the March quarter.

At the same time, other operating expenses total is shown rising to ₹105.10 crore (₹1,051 million) from ₹85.90 crore (₹859 million). Depreciation and amortisation is listed at ₹23.10 crore (₹231 million), slightly higher than ₹22.70 crore (₹227 million) in the prior quarter.

Key financial snapshot (normalised to millions)

All amounts below are presented in a consistent base unit of millions, using values stated in the material and converting crores to millions (₹1 crore = ₹10 million).

Quarterly P&L lines from the provided statement

The provided quarterly table also includes operating income and EPS figures. Operating income for the June quarter is listed at ₹187.50 crore (₹1,875 million), while diluted normalised EPS is listed at 7.92 for the June quarter versus 9.13 in the March quarter.

Another line item, net income before taxes, is listed at ₹240.60 crore (₹2,406 million) for the June quarter compared with ₹275.90 crore (₹2,759 million) for the March quarter. While the table includes “QoQ Comp” and “YoY Comp” columns, the percentages appear alongside items where the direction is not always intuitive given the absolute numbers shown. The article therefore relies on the absolute figures and the narrative growth rates explicitly stated elsewhere in the material.

Market impact: what investors typically track from these numbers

For investors following Zensar, the combination of 15.3% YoY PAT growth and a $172.0 million order book is a key headline from the quarter referenced. The cash and investments figure of $115.7 million provides context on balance sheet strength and potential flexibility.

Margins and cost lines remain an important cross-check. The text states gross margin at 30.5% (up 20 basis points sequentially), while EBITDA margin is reported at 15.2% with an indicated 40-basis-point decline quarter-on-quarter in one section. The same set of notes also links margin movement to higher sales, marketing and travel expenses, and flags that salary hikes are expected to add pressure in Q2.

Why the July 29 board meeting matters

The scheduled 2026-07-29 board meeting for Q1 FY27 unaudited results sets the next formal checkpoint for revenue trajectory, margin movement, and deal conversion. The “Quick Details” section in the provided text also lists a previous quarter revenue of $158.4 million and a previous quarter PAT margin of 14.4%, which investors may use as a reference point for quarter-on-quarter comparisons.

With the company having already reported $162.0 million in revenue for the June quarter described in the material, the upcoming Q1 FY27 results will be assessed for signs of continuity in sequential growth, any change in profitability ratios, and the durability of booking momentum.

Conclusion

Zensar’s latest disclosed quarter shows ₹13,850 million in revenue and ₹1,820 million in PAT, alongside $172.0 million in order bookings and $115.7 million in cash and investments. The next near-term event is the board meeting on July 29, 2026, when the company is set to consider and approve Q1 FY27 unaudited financial results.