Zensar Technologies Share Price Hits 52-Week High; Reports 8.6% YoY Growth in Q3 FY25 Revenue

Zensar Technologies Limited announced its consolidated financial results for the third quarter ending December 31, 2024, for the financial year 2024-2025.

Q3 FY 2025 Financial Highlights

The company reported a revenue of $157.0 million for Q3FY25, marking a year-on-year (YoY) growth of 8.6% in reported currency and 7.5% in constant currency. On a sequential quarter-over-quarter (QoQ) basis, the growth was 0.5% in reported currency and 0.7% in constant currency. Gross Margin for the quarter stood at 30.1% of revenues, reflecting a 200 basis point improvement from the previous quarter.

The segment-wise performance showed growth in various verticals. Manufacturing and Consumer Services saw a YoY revenue growth of 15.2%, along with a 6.1% sequential growth. Healthcare and Life Sciences experienced a 24.0% YoY growth and a 3.2% sequential increase in revenues. 

However, Banking and Financial Services recorded a 12.9% YoY revenue growth but faced a slight sequential decline of 1.4%. The Telecommunication, Media, and Technology segment showed a decline of 10.2% YoY and 3.7% QoQ in revenues.

Commenting on the performance, the CFO of Zensar, Pulkit Bhandari, said, “Our execution and delivery excellence has led us to achieve the best performance in Q3. Revenues for the quarter stood at $157.0M, which grew by 70 bps sequentially in constant currency. We have clocked an order book of $205.3M 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 a determined focus on customer satisfaction, execution, and cost optimisation, we strive to continue our journey of sustaining margins while delivering on revenue growth”

Conclusion

Overall, Zensar’s performance was marked by steady growth in its diversified sectors, especially in Healthcare and Manufacturing, despite some challenges in the Telecommunication segment.

On January 23, 2025, Zensar Technologies share price (NSE: ZENSARTECH) opened at ₹752.05, up from its previous close of ₹750.05. At 10:24 AM, the share price of Zensar Technologies was trading at ₹834.05, up by 11.20% on the NSE. Notably, the stock touched its 52-week at ₹846.85 today. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.