ZENTEC Q2 FY27 Guidance vs Delivery (ZENTEC Management Mirror)

Q2 FY27 EBITDA Margin Recovers to 38.2%, Meeting the Sequential Improvement Guided in Jun'26 Qtr

In Q2 FY27, the operational EBITDA margin was reported at 38.2% in the Quarterly Financial Results. In the Jun'26 Qtr concall, management had guided that margins would recover in Q2 and Q3 FY27 from Q1's 27.3% due to operating leverage as heavy revenue execution commenced. The Q2 FY27 reported margin delivers this guided sequential recovery. For periods beyond Sep'26 Qtr, management reaffirmed its full-year FY27 and long-term sustainable operational EBITDA margin guidance in the mid-30s (~35%).