Zensar Technologies Q3 results: Profit jumps 110% YoY to Rs 161 crore

The company’s board of board of directors declared an interim dividend of Rs 2 per equity share.

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26 Aug, 2025 12:21

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Engineering and technology solutions company Zensar Technologies reported a 110 percent year-on-year (YoY) increase in net profit to Rs 161 crore for the third quarter ended December 31, compared to the same quarter in the last fiscal year, despite a tough business environment for the IT services sector globally.

However, net profit fell seven percent on a quarter-on-quarter (QoQ) basis, according to an exchange filing Zensar Technologies. Consolidated revenue for the quarter stood at Rs 1,204 crore, growing by 0.54 percent YoY; it declined by 2.96 percent on a QoQ basis.

The operating margin declined QoQ to 14.6 percent compared to 15.65 percent last quarter.

Manish Tandon, CEO and Managing Director, Zensar, said, "Our focus on client centricity and developing a strong go to market proposition via our Experience to Engineering to Engagement approach is yielding dividends. Our client conversations remain positive, and we expect growth in line with the industry."

"We continue to double down on service lines that will propel growth and will keep our focus in helping clients through their transformation journey. Talent transformation through new age skill development remains our priority," he added.

On a YoY basis, the banking, financial services, and insurance (BFSI) segment grew 0.1 percent in constant currency (CC) terms; the hi-tech segment saw 8 percent decline in CC terms while manufacturing and consumer services saw a decline of 1.9 percent on CC terms. Healthcare and life sciences dropped  5.6 YoY.

The company’s board of board of directors declared an interim dividend of Rs 2 per equity share for the financial year 2023-24.

Shares of Zensar Technologies on January 20 closed 0.79 percent above the previous day at Rs 561.40 apiece on BSE. Indian financial markets remained shut on January 22 for the Ayodhya Ram Mandir inauguration.