Revenue from operations, on the other hand, plunged 28% to Rs 173.5 crore, down from Rs 242 crore Zen Tech reported in the same quarter of the previous fiscal, the company said in a regulatory filing earlier today.
Expenses for the quarter came in at Rs 116.5 crore, significantly lower than Rs 167 crore reported in the same of the corresponding fiscal year.
For the first half of financial year 2026, Zen Technologies’ revenue from operations dipped over 30% to Rs 332 crore. The company’s revenue for the first half of H1FY25 stood at Rs 496 crore. As for profitability, net profit has also taken a hit, down almost 20% to Rs 115 crore from Rs 143 crore reported in the first two quarters of the previous year.
Zen Technologies designs, develops, and manufactures combat training solutions and counter-drone systems for defense and security forces. The company’s training products include live fire, live instrumented, virtual, and constructive training systems. Its counter-drone solutions are designed to safeguard borders and critical infrastructure.
Shares of the company ended the Friday session at Rs 1,396, higher by nearly 1%. Zen Technologies’ stock price is down 44% since the beginning of the year.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
