Zensar Technologies announced its audited financial results for the quarter and year ended March 31, 2026, following a Board meeting held on April 24, 2026. The company reported consolidated revenue of ₹56,874 million for the financial year, representing growth from ₹52,806 million in the previous year. Consolidated net profit for FY26 reached ₹7,746 million, compared to ₹6,498 million in FY25.

Financial Performance Summary

For the quarter ended March 31, 2026, consolidated revenue stood at ₹14,504 million with net profit of ₹2,106 million. On a standalone basis, quarterly revenue was ₹7,418 million and net profit was ₹1,992 million. In USD terms, the company posted revenue of $643.7 million for FY26, growing 3.1% in reported currency and 1.7% in constant currency.

Q4FY26 Performance Highlights

The fourth quarter demonstrated resilient performance with revenue of $158.4 million, reflecting quarterly YoY growth of 1.0% and QoQ decline of 1.3% in reported currency. The company reported profit after tax at 14.4% of revenue, representing a QoQ increase of 50 basis points.

Board Meeting Outcomes

The Board of Directors unanimously approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The auditor's reports for the period carry unmodified opinions, confirming the accuracy and compliance of the financial statements.

Dividend Recommendation

The Board of Directors recommended a final dividend of ₹12.60 per equity share, representing 630% of the face value of ₹2 each for the financial year ended March 31, 2026. This dividend is subject to approval by shareholders at the ensuing 63rd Annual General Meeting. The company had previously declared an interim dividend of ₹2.40 per equity share on January 22, 2026.

Regional and Vertical Performance

The company's geographic diversification showed mixed results across regions. The Africa region registered QoQ revenue growth of 0.6% and quarterly YoY growth of 14.4% in reported currency. Europe region registered QoQ revenue decline of 1.2% but quarterly YoY growth of 4.3%, while the US region experienced QoQ revenue decline of 1.7% and quarterly YoY decline of 2.2%.

AI-Driven Strategic Wins

The quarter marked significant AI-focused achievements with 85% of the workforce AI-certified. Notable wins included AI-led software engineering transformation for a global banking technology leader, finance operations modernization powered by the proprietary Hawkeye AI automation platform, and next-generation API estate modernization leveraging an AI-powered API Factory.

Awards and Recognition

Zensar received multiple recognitions during Q4FY26, including being named a Major Contender in Everest Group's Digital Workplace Services PEAK Matrix Assessment 2026 and Software Product Engineering Services PEAK Matrix Assessment 2026 for both Global and EMEA markets. The company also secured its fifth consecutive Training APEX Award and achieved IGBC Green Campus Certification.

Manish Tandon, CEO and Managing Director, stated that the company delivered modest yet resilient revenue performance centered around offshore-led volume growth, with annualized orderbook, profitability, and cash position reaching their strongest levels ever. Pulkit Bhandari, CFO, highlighted that the quarter marked a key milestone with the closure of the largest deal in Zensar's history, reinforcing future revenue visibility. The Board also approved revisions to the Code framed under the SEBI (Prohibition of Insider Trading) Regulations, 2015, with the trading window opening 48 hours post declaration of financial results.

Zensar Technologies Limited's Board of Directors has approved the appointment of M/s. Price Waterhouse Chartered Accountants LLP as the statutory auditors of the company for a five-year term. The appointment, based on the recommendation of the Audit Committee, was made during a board meeting held on April 24, 2026, and is subject to shareholder approval and other statutory requirements.

Appointment Details

The newly appointed auditor, M/s. Price Waterhouse Chartered Accountants LLP (ICAI Firm Registration No.: 012754N/N500016), will commence its term from the conclusion of the 64th Annual General Meeting to be held in 2027 and continue until the conclusion of the 69th AGM scheduled for 2032. The current statutory auditor, M/s. SRBC & Co LLP (ICAI Firm Registration No. 324982E/E300003), will continue to undertake the audit of the company and its subsidiaries until the conclusion of the 64th AGM in 2027.

Auditor Profile

M/s. Price Waterhouse Chartered Accountants LLP was established in 1991 and converted into a limited liability partnership in 2014. The firm operates from its registered office in New Delhi and has 9 branches across India. As of December 2025, the firm has more than 125 Assurance Partners and holds a valid peer review certificate. The firm is a member entity of the Price Waterhouse & Affiliates network and audits various companies listed on stock exchanges in India.

Board Meeting Information

The board meeting commenced at 12:00 Noon IST and concluded at 03:00 p.m. IST on April 24, 2026. The appointment has been made in accordance with the laws and regulations in India and other jurisdictions as applicable, including auditor independence requirements for the company and its subsidiaries.