IT Consulting & Software company Zensar Technologies announced Q1FY27 results Consolidated Financial Highlights: Consolidated Revenue from operations for Q1FY27 reached Rs 15,083 million, representing a YoY growth of 8.90% from Rs 13,850 million in Q1FY26 and a QoQ increase of 3.99% from Rs 14,504 million in Q4FY26. The total revenue for the full year FY26 was Rs 56,874 million. Total income for the group in Q1FY27 stood at Rs 15,656 million, showing an 8.60% YoY increase from Rs 14,417 million in Q1FY26 and a 3.31% QoQ increase from Rs 15,154 million in Q4FY26. For the full year FY26, the Total income was Rs 59,213 million. Consolidated Profit before tax for Q1FY27 was Rs 2,462 million, a YoY growth of 2.33% from Rs 2,406 million in Q1FY26, while declining by 10.76% QoQ from Rs 2,759 million in Q4FY26. For the full year FY26, Profit before tax was Rs 10,217 million. Net profit after tax for the period (attributable to owners) in Q1FY27 was Rs 1,838 million, reflecting a marginal YoY growth of 0.99% from Rs 1,820 million in Q1FY26 and a QoQ decline of 12.73% from Rs 2,106 million in Q4FY26. For the full year FY26, Net profit was Rs 7,746 million. Total comprehensive income for the period attributable to owners in Q1FY27 was Rs 1,857 million, showing a YoY decrease of 10.12% from Rs 2,066 million in Q1FY26 and a QoQ decrease of 31.07% from Rs 2,694 million in Q4FY26. Basic Earnings Per Share (EPS) for Q1FY27 was Rs 8.11, compared to Rs 8.01 in Q1FY26 and Rs 9.29 in Q4FY26. The annual Basic EPS for FY26 was Rs 34.12. Standalone Financial Highlights: Standalone Revenue from operations for Q1FY27 was Rs 7,632 million, showing a YoY growth of 22.66% from Rs 6,222 million in Q1FY26 and a QoQ growth of 2.88% from Rs 7,418 million in Q4FY26. Standalone revenue for the full year FY26 was Rs 27,388 million. Standalone Total income for Q1FY27 stood at Rs 8,366 million, an increase of 16.65% YoY from Rs 7,172 million in Q1FY26 and a marginal QoQ decrease of 0.37% from Rs 8,397 million in Q4FY26. For the full year FY26, Standalone Total income was Rs 30,659 million. Standalone Profit before tax for Q1FY27 was Rs 2,344 million, reflecting a YoY growth of 10.15% from Rs 2,128 million in Q1FY26 and a QoQ decline of 4.44% from Rs 2,453 million in Q4FY26. Standalone Profit before tax for FY26 was Rs 8,622 million. Standalone Net profit after tax for Q1FY27 was Rs 1,835 million, representing a YoY growth of 6.81% from Rs 1,718 million in Q1FY26 and a QoQ decline of 7.88% from Rs 1,992 million in Q4FY26. For the full year FY26, Standalone Net profit was Rs 6,860 million. Standalone Total comprehensive income for Q1FY27 was Rs 1,809 million, compared to Rs 1,725 million in Q1FY26 and Rs 1,981 million in Q4FY26. Basic Standalone EPS for Q1FY27 was Rs 8.09, compared to Rs 7.57 in Q1FY26 and Rs 8.79 in Q4FY26. Business Highlights: Segment-wise Revenue: Digital and Application Services revenue for Q1FY27 stood at Rs 11,672 million, compared to Rs 10,929 million in Q1FY26 and Rs 11,145 million in Q4FY26. Cloud Infrastructure and Security revenue for Q1FY27 was Rs 3,411 million, compared to Rs 2,921 million in Q1FY26 and Rs 3,359 million in Q4FY26. Treasury Shares: As at June 30, 2026, the Zensar Employees Welfare Trust (ESOP Trust) has acquired 7,81,257 Equity shares from the open market, which are treated as Treasury Shares by the Company. Statutory Impact of New Labour Codes: Pursuant to the notification of New Labour Codes effective from November 21, 2025, the Group had recognized a one-time past service cost of Rs 249 million in the previous financial year ending FY26. For the quarter ending Q4FY26, it recognized a one-time past service cost of Rs (5) million on post-employment defined benefit obligations based on actuarial valuation. There was no further impact recognized during Q1FY27. Manish Tandon, CEO and Managing Director, Zensar, said: “Q1FY27 marked a strong start to the year, we delivered 1.1% sequential quarter constant-currency revenue growth on the back of broad-based volume gains, despite a challenging macroeconomic environment. Banking and Financial Services remained our largest growth engine, contributing 48.8% of our revenue. Looking ahead, we remain committed to driving profitable growth, maintaining the strength of our balance sheet, and creating sustained value for our clients and shareholders through disciplined execution, operational resilience, and continued investment in future-ready capabilities. Today, clients are looking for technology partners who can help translate their AI ambitions into measurable business outcomes. At Zensar, we bring together deep domain expertise, strong engineering capabilities, and AI-native solutions to help enterprises modernize faster, drive greater operational efficiency, and build more resilient digital businesses.” Pulkit Bhandari, CFO, Zensar, said: “Our revenue for the quarter stood at USD 159.5 million, with a sequential growth of 1.1% in constant currency terms. EBITDA for the quarter stood at 14.6%, a sequential drop of 150bps. Profitability was largely impacted due to transition & early-stage execution for the large deal. The industry is facing prolonged decision cycles, slower project mobilization, and continued restraint in discretionary technology investments. In this tough environment, our large deal win has strengthened our positioning, opening access to high-value, strategic programs and enabling us to compete more effectively in complex enterprise engagements.” Result PDF