630% Dividend announced IT company, check update on record date

Zensar Technologies reported a 5 per cent sequential rise in consolidated net profit for the March quarter of FY26, while revenue grew modestly and margins came under pressure.

The company also announced a final dividend of Rs 12.60 per equity share for FY26, subject to shareholder approval at its upcoming 63rd Annual General Meeting, according to its exchange filing.

Profit after tax (PAT) for the fourth quarter stood at Rs 210.6 crore, up 5 per cent from Rs 199.8 crore in the previous quarter.

Revenue from operations rose 1.4 per cent quarter-on-quarter to Rs 1,450.4 crore, compared to Rs 1,430.7 crore in the December quarter.

However, EBIT declined 7 per cent to Rs 212.9 crore from Rs 229.6 crore, while EBIT margin narrowed to 14.7 per cent from 16 per cent.

The company said PAT for Q4FY26 stood at 14.4 per cent of revenue, with a sequential improvement of 50 basis points.

In dollar terms, Zensar posted Q4 revenue of $158.4 million, reflecting 1 per cent year-on-year growth but a 1.3 per cent decline quarter-on-quarter in reported currency. In rupee terms, quarterly revenue grew 6.7 per cent year-on-year and 1.4 per cent sequentially.

For the full financial year FY26, the company reported revenue of $643.7 million, up 3.1 per cent in reported currency and 1.7 per cent in constant currency.

In rupee terms, this translated into a year-on-year growth of 7.7 per cent.

The company also reported a net cash and cash equivalents position of $319.5 million at the end of Q4FY26.

Its Q4FY26 order book stood at $401.8 million, marking a sharp 122.9 per cent growth on a quarter-on-quarter basis.

Among key markets, Africa remained the strongest-performing region with 0.6 per cent sequential growth and 14.4 per cent year-on-year growth in reported currency.

Europe posted a 1.2 per cent quarter-on-quarter decline in revenue but grew 4.3 per cent on a yearly basis.

The US business declined 1.7 per cent sequentially and fell 2.2 per cent year-on-year.

Banking and Financial Services was the best-performing segment, reporting 2.2 per cent quarter-on-quarter growth and 12.5 per cent year-on-year growth.

Healthcare and Life Sciences declined 6.7 per cent sequentially and slipped 0.3 per cent on-year.

Manufacturing and Consumer Services fell 3.3 per cent quarter-on-quarter and 2.2 per cent year-on-year.

Telecommunication, Media and Technology remained weak, with revenue declining 3.7 per cent sequentially and 16 per cent on a yearly basis.

Manish Tandon, CEO and Managing Director of Zensar Technologies, said the company delivered a “modest yet resilient revenue performance” during the year.

“We delivered a modest yet resilient revenue performance this year, centred around offshore-led volume growth. Importantly our annualized orderbook, profitability especially PAT growth and cash position collectively reached their strongest levels ever demonstrating our disciplined execution and continued operating strength,” he said.

The board recommended a final dividend of Rs 12.60 per equity share of face value Rs 2 each, equivalent to 630 per cent for FY26.

The dividend will be paid after approval by shareholders at the upcoming AGM. The company said it will announce the record date separately in due course.