Zensar Technologies Limited — Updates, 22-10-2024: Press Release

Zensar Technologies reported a 4.0% YoY revenue growth, achieving $156.2 million for Q2FY25, with a 1.2% sequential increase. EBITDA margin rose to 15.4%. Key growth drivers included Banking (14.0% YoY) and Healthcare (13.3% YoY), while the Telecommunications segment saw declines. The company highlights strong cash reserves of $255 million and successful initiatives in application modernization and IT operations transformation. Zensar received multiple awards for digital learning and technology innovation in this quarter.