Conference Call with Zensar Technologies Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
IT Consulting & Software company Zensar Technologies announced Q3FY25 results In Q3FY25, the company reported revenue of USD 157.0 million, a quarterly YoY growth of 8.6% in reported currency and 7.5% in constant currency. This translates to a sequential QoQ growth of 0.5% in reported currency and 0.7% in constant currency. In Q3FY25, the Gross Margin stood at 30.1% of revenues, representing a sequential QoQ improvement of 200 basis points. Manufacturing and Consumer Services reported a quarterly YoY revenue growth of 15.2% and sequential QoQ revenue growth of 6.1% in reported currency. Healthcare and Life Sciences reported a quarterly YoY revenue growth of 24.0% and sequential QoQ revenue growth of 3.2% in reported currency. Banking and Financial Services reported a quarterly YoY revenue growth of 12.9% and sequential QoQ revenue decline of 1.4% in reported currency. Telecommunication, Media and Technology reported a quarterly YoY revenue decline of 10.2% and sequential QoQ revenue decline of 3.7% in reported currency. Manish Tandon, CEO and Managing Director, Zensar, said: “Our growth in this quarter reflects the resilience of our business and the dedication of our team amidst a quarter that is traditionally challenging for the industry. Our strategic business approach and focus on execution and AI translate positively into the company’s overall performance. Our growing headcount reinforces our commitment towards talent and innovation. We continue to focus on growth and investing for the same. As we move forward, we continue our efforts to deliver value to all our stakeholders and stay true to our organizational values of being ‘ONE with the Client’” Pulkit Bhandari, CFO, Zensar, commenting on the Q3FY25 performance, said: “Our execution and delivery excellence has led us to achieve best performance in Q3. Revenues for the quarter stood at USD 157.0 million, which grew by 70 bps sequentially in constant currency. We have clocked order book of USD 205.3 million this quarter showcasing our strong sales efforts. Our EBITDA improved by 20 bps to 15.6% despite seasonal furlough. Further, our DSO improved by 3 days to 68 days on account of healthy collections. With determined focus on customer satisfaction, execution, and cost optimization, we strive to continue our journey of sustaining margins while delivering on revenue growth” Result PDF