Zensar Technologies Ltd. — Interim / Quarterly Report 2026

Jul 22, 2025

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July 22, 2025

BSE Limited

Corporate Service Department, 01[st] Floor, P. J. Towers, Dalal Street, Mumbai 400 001

National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai 400 051

Scrip Code: 504067

Symbol: ZENSARTECH

Sub: Outcome of Board Meeting held on July 22, 2025

Dear Sir/Madam,

This is to inform you that the Board of Directors of the Company at its meeting held today i.e. Tuesday, July 22, 2025, which commenced at 12:00 PM (IST) and concluded at 03:40 PM (IST), inter-alia, unanimously approved the following agenda items:

1. Unaudited Standalone and Consolidated Financial Results:

The Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30, 2025, along with Limited Review Reports issued by the Statutory Auditors of the Company are enclosed herewith.

2. Revision in the Policy for determination of materiality of event:

Revision in the policy for determination of materiality of event in accordance with the amended SEBI (Listing Obligations and Disclosure Requirements), 2015.

The aforesaid amended policy shall be made available on the Company's website at https://www.zensar.com/about/investors/investors-relation?result=Policies#Corporate-Governance

This is for your information.

Thanking you,

Yours sincerely,

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For Zensar Technologies Limited
ANAND Digitally signed by
ANAND CHAMPALAL
CHAMPALAL DAGA
Date: 2025.07.22
DAGA 15:44:44 +05'30'
Anand Daga
Company Secretary
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Encl.: As above

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Zensar Technologies Limited, Zensar Knowledge Park, Plot No. 4, MIDC Kharadi, Off Nagar Road, Pune 411014

CIN: L72200PN1963PLC012621

CIN: L72200PN1963PLC012621 www.zensar.com +(20) 6607 4000, 2700 4000 investor@zensar.com +(20) 6605 7888

Ground floor, Tower C Unit 1, Panchshil Tech Park One, Loop road, Near Don Bosco School, Yerwada Pune - 411 006, India

SR BC & COLLP Chartered Accountants

Tel: +91 20 6603 6000

Independent Auditor's Review Report on the Quarterly Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

Review Report to The Board of Directors

Zensar Technologies Limited

• I. We have reviewed the accompanying statement of unaudited standalone financial results of Zensar Technologies Limited (the ·'Company'") for the quarter ended June 30, 2025 (the ··Statement"") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the ·'Listing Regulations").

• The Company·s Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) ··Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review.

• We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 24 I 0. "Review of Interim Financial Information Performed by the Independent Auditor of the Entity'' issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries. primarily of persons responsible for financial and accounting matters. and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly. we do not express an audit opinion.

• Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed. or that it contains any material misstatement.

For S R BC & CO LLP

ICAI Firm regis � per Triile al Khandelwal Partner Membership No.: 501160 UDIN: 25501160BMOMZF7149 Pune July 22, 2025

S R 8 C & CO LLP. a Limited Liability Partnership with LLP Identity No. AA8·4318 Regd. Office: 22, Camac Street, Block '8', 3rd Floor, Kolkata-700 016

Zensar Technologies limited

Registered Office: Zensar Knowledge Park, Kharadl, Plot# 4 1 MIDC, Off Nagar Road, Pune • 4110141 India. CIN: l72200PN1963PLC012621 Statement of Standalone Unaudited Financial Results for the Quarter ended June 30, 2025

� in Million except earnings per share

	� in Million except earnings per share	� in Million except earnings per share
Particulars	Quarter Ended Year Ended
	June 30,2025	March 31,2025 June 30,2024 March 31,2025
	Unaudited	Audited Unaudited Audited
Revenue from operations Other income (net) 3 Total Income 4 Expenses a. Purchase of traded goods b. Employee benefits expense c. Subcontracting costs d. Finance costs e. Depreciation and amortisation expense f. Other expenses Total expenses Profit before tax (3-4) 6 Tax expense a. Current tax b. Deferred tax 7 Net profit after tax for the period (5-6) 8 Other comprehensive income/(loss), net of income tax A. Items that will not be reclassified to profit or loss B. Items that will be reclassified to profit or loss Total other comprehensive income/(loss), net of income tax 9 Total comprehensive Income for the period (7+8) 10 Paid-up equity share capital (Face value" 2 each) 11 Other equity excluding revaluation reserves as per balance sheet 12 Earnings per share (Face value� 2 each) (not annualised): a) Basic b) Diluted	6,222 950 7,172 4 4,121 328 19 100 472 5,044 2,128 382 28 1,718 7 7 1,725 454 7.57 7.48 5,811 589 6,400 3,801 200 32 102 435 4,570 1,830 279 84 1,467 14 43 57 1,524 454 6.46 6.39 5,296 1,130 6,426 3,504 120 31 122 518 4,295 2,131 349 (5) 1,787 27 (94) (67) 1,720 453 7.88 7.82 22,261 3,031 25,292 14,969 548 110 488 1,832 17,947 7,345 1,248 149 5,948 3 (53) (SO) 5,898 454 30,527 26.22 26.03

Notes:

• 1 These unaudited results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting"("lnd AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued there under as amended from time to time. The above financial results were reviewed and recommended by the Audit Committee and taken on record by the Board of Directors at their meeting held on July 22, 2025.

• 2 The Company publishes these standalone financial results along with the consolidated financial results. In accordance with Jnd AS 108, Operating Segments, the Company has disclosed the segment information in the consolidated financial results.

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3 Figures for the quarter ended March 31, 2025 are the balancing figures between audited figures in respect of the full financial year d published year to date figures upto
the third quarter of the respective financial year.
Manish Tandon
Mumbai CEO and Managing Director
Date: July 22, 2025 DIN:07559939
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Ground floor, Tower C Unit 1, Panchshil Tech Park One. Loop road, Near Don Bosco School, Yerwada Pune - 411 006, India

SR BC & COLLP Chartered Accountants

Tel: +91 20 6603 6000

Independent Auditor's Review Report on the Quarterly Unaudited Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

Review Report to The Board of Directors

Zensar Technologies Limited

• I. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Zensar Technologies Limited (the "Holding Company'') and its subsidiaries (the Holding Company and its subsidiaries together referred to as ··the Group''), for the quarter ended June 30, 2025 (the --statement") attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations'').

• The Holding Company·s Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) --interim Financial Reporting" prescribed under Section 133 of the Companies Act. 2013 as amended. read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Holding Company·s Board of Directors . Our responsibilit[y ] is to express a conclusion on the Statement based on our review.

• We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410. --Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is f[r] ee of material misstatement. A review of interim financial information consists of making inquiries. primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the Master Circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations. to the extent applicable.

1. The Statement includes the results of the entities as mentioned in Annexure I.

2. Based on our review conducted and procedures performed as stated in paragraph 3 above. nothing has come to our attention that causes us to believe that the accompanying Statement. prepared in accordance with recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act. 2013. as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. has not disclosed the information required to be disclosed in terms of the Listing Regulations. including the manner in which it is to be disclosed. or that it contains any material misstatement.

For S R BC & CO LLP

er: 324982E/E300003 per Tr de, al Khandelwal Partner Membership No.: 501160 UDIN: 25501160BMOMZG2836 Pune July 22, 2025

SR BC & CO LLP, a Limited liability Partnership with LLP Identity No. AAB-4318 Regd. Office: 22, Camac Street, Block 'B'. 3rd Floor, Kolkata-700 016

SR BC &COLLP Chartered Accountants

Annexure 1

Independent Auditor's Review Report on the Quarterly Unaudited Consolidated Financial Results of the Company

List of entities whose financial results are included in the Statement along with Holding Company

Sr No.		Name of entity
I.		Zensar Technologies Inc. USA
2 3.		Zensar Technologies(UK)Limited.United Kingdom
		Zensar (Africa) Holdings ProprietarLimited, South Africa
4.		Zensar (SouthAfrica) ProprietarLimited, SouthAfrica
5.		Zensar Technologies (Singapore) Pte Limited. Singapore
6.		Foolproof Limited, United Kingdom
7.		Keystone Logic Mexico, S. DE R.L. DE C.V, Mexico
8.		Zensar Technologies Gmbh, Germany
9.		Zensar Technologies (Canada) Inc., Canada
10.		Zensar Information Technologies B.V .. Netherlands
11.		Zensar Colombia S A S, Colombia
12.		M3BI LLC,USA
13.		M3BI India Private Limited, India
14.		BridgeView Life Sciences LLC, USA

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Zensar Registered Office : Zensar Knowledge Park, Kharadi, Plot# 4 , Statement of Consolidated Unaudited	Technologies Limited MIDC, Off Nagar Road, Pune - 411014, India. CIN: L72200PN1963PLC012621 Financial Results for the Quarer ended June 30, 2025 :in Million except earningsper share	Technologies Limited MIDC, Off Nagar Road, Pune - 411014, India. CIN: L72200PN1963PLC012621 Financial Results for the Quarer ended June 30, 2025 :in Million except earningsper share	Technologies Limited MIDC, Off Nagar Road, Pune - 411014, India. CIN: L72200PN1963PLC012621 Financial Results for the Quarer ended June 30, 2025 :in Million except earningsper share	Technologies Limited MIDC, Off Nagar Road, Pune - 411014, India. CIN: L72200PN1963PLC012621 Financial Results for the Quarer ended June 30, 2025 :in Million except earningsper share
Particulars	Quarter Ended			Year Ended
	June 30, 2025 March 31, 2025 June 30, 2024			March 31, 2025
	Unaudited Audited Unaudited			Audited
1 Revenue from operations 2Other income (net) 3Total Income 4 Expenses a. Purchase of traded goods b. Employee benefits expense c. Subcontracting costs d. Finance costs e. Depreciation and amortisation expense f. Other expenses Total expenses 5 Profit before tax (3-4) 6Tax expense a. Current tax b. Deferred tax 7 Net profit after tax for the period (5-6) 8 Net profit attributable to: -Owners 9 Other comprehensive income/(loss), net of income tax A. Items that will not be reclassified to profit or loss B. Items that will be reclassified to profit or loss Total other comprehensive income/(loss), net of income tax 10Total comprehensive income for the period (7+9) 11Total comprehensive income attributable to: -Owners 12Paid-up equity share capital (Face value 1 2 each) 13Other equity excluding revaluatlon reserves as per balance sheet 14Earnings per share (Face value" 2 each) (not annualised): a) Basic b) Diluted	13,850 13,589 12,881 567 460 424			52,806 1,602
	14,417 14,049 13,305 78 147 43 8,761 8,853 8,157 1,854 1,622 1,627 36 49 42 231 238 247 1,051 842 1,092			54,408 530 33,904 6,482 173 1,019 3,723
	12,011 11,751 11,208 45,831 2,406 2,298 2,097 8,577 562 404 546 2,027 24 130 (28) 52 1,820 1,764 1,579 6,498 1,820 1,764 1,579 6,498 8 16 28 6 238 152 (62) 297 246 168 (34) 303 2,066 1,932 1,545 6,801 2,066 1,932 1,545 6,801 454 454 453 454 40,243 8.01 7.77 6.96 28.65 7.92 7.68 6.91 28.43
Segmental reportingfor theQuarer and Vear ended March 31,2025
Segment results	Quarter Ended			Year Ended
	June 30,2025	March 31, 2025	June 30,2024	March 31,2025
	Unaudited	Audited	Unaudited	Audited
Segment revenue Digital and Application Services Cloud Infrastructure and Security Revenue From Operations Segment results Digital and Application Services Cloud Infrastructure and Security Segment results Less: Finance costs Less: Unallocable expenditure net of unallocable income Profit before tax	10,929 2,921	10,778 2,811	10,520 2,361	42,265 10,541
	13,850	13,589	12,881	52,806
	1,830 588	1,751 549	1,751 249	6,668 1,910
	2,418	2,300	2,000	8,578
	36 (24)	49 (47)	42 (139)	173 (172)
	2,406	2,298	2,097	8,577

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	Segment assets & liabilities	June 30,2025	March 31,2025	June30, 2024
		Unaudited	Audited	Unaudited
l 2	Segment assets Trade receivables Digital and Application Services Cloud Infrastructure and Security Total trade receivables Unbilled revenue Digital and Application Services Cloud Infrastructure and Security Total unbilled revenue Goodwill Digital and Application Services Cloud Infrastructure and Security Total goodwill Unallocable assets	6,174 2,073	6,384 1,517	5,637 1,774
		8,247 3,162 772	7,901 3,111 868	7,411 3,033 593
		3,934 7,608 1,611	3,979 7,539 1,605	3,626 5,999 1,567
		9,219 33,259	9,144 30,705	7,566 29,992
	TOTAL ASSETS	54,659	51,729	48,595
	Segment liabilities Unearned Revenue Digital and Application Services Cloud Infrastructure and Security Total unearned revenue Unallocable liabilities	340 281	303 137	198 297
		621 11,076	40 10,592	495 10,861
	TOTAL LIABILITIES	11,697	11,032	11,356

Notes:

• 1 These unaudited results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting"{"lnd AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued there under as amended from time to time. The above financial results were reviewed and recommended by the Audit Committee and taken on record by the Board of Directors at their meeting held on July 22, 2025.

2 Standalone Financial Information

3 Mum Date	Particulars	Quarter Ended	Quarter Ended	Quarter Ended	Year Ended
		June 30, 2025	March 31, 2025	June 30, 2024	March 31, 2025
		Unaudited	Audited	Unaudited	Audited
	Revenue from operations Profit before tax Netprofit for theperiod	6,222 2,128 1,718	5,811 1,830 1,467	5,296 2,131 1,787	22,261 7,345 5,948
	Results of Zensar Technologies Limited on a standalone basis are hosted on Figures for the quarter ended March 31, 2025 are the balancing figures bet the third quarter of the respective financial year. bai : July 22, 2025	its website www.zensar.com. ween audited figures in respect of the full financial year and ublished year to date figures upto For and on b ard O Manish Tandon CEO and Managing Director DIN:07559939