Operating revenue, on the other hand, fell 28% to Rs 173.5 crore, compared to Rs 242 crore reported by Zen Tech in the same quarter of the previous fiscal, the company said in a regulatory filing earlier today.
Expenses for the quarter stood at Rs 116.5 crore, significantly lower than the Rs 167 crore reported in the same period of the corresponding fiscal year.
For the first half of fiscal 2026, Zen Technologies’ operating revenue fell over 30% to Rs 332 crore. The company’s revenue for the first half of H1FY25 stood at Rs 496 crore. On the profitability front, net profit has also taken a hit, down nearly 20% to Rs 115 crore, compared to 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. The counter-drone solutions are designed to protect borders and critical infrastructure.
The company’s shares closed Friday’s session at Rs 1,396, up nearly 1%. Zen Technologies’ share price is down 44% since the beginning of the year.(Disclaimer: Recommendations, suggestions, views and opinions expressed by the experts are their own. These do not represent the views of The Economic Times)
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