Zen Technologies Limited — Updates, 15-02-2025: Press Release

Zen Technologies has announced a board meeting to discuss its financial results for the quarter and nine months ended December 31, 2024. The company reported Q3FY25 revenue of ₹141.52 crore, a 44% year-over-year increase, with a profit after tax (PAT) of ₹38.62 crore, up 22% from the previous period. For 9MFY25, revenue surged to ₹637.17 crore, reflecting a remarkable 116% growth, while PAT reached ₹178.03 crore, an 85% increase year-over-year.

The robust order book stands at ₹816.91 crore. The expansion of the assembly unit at Maheshwaram enhances operational capacity, positioning Zen Technologies to capitalize on increasing demand, driven by government support in the defense sector, underscored by a significant budget allocation. Recent strategic acquisitions in robotics and aerospace reinforce its market position. The company aims for an EBITDA target of 35% and PAT margins of 25% by fiscal year-end. The outlook remains positive, given the strong fundamentals and increasing opportunities in the defense technology landscape.