Zen Technologies Limited — Important, 08-11-2024: Updates

Zen Technologies reported robust financial growth for Q2FY25, with revenue from operations soaring to ₹241.69 crores, up 277% YoY. Operational EBITDA increased by 265% to ₹79.42 crores, while profit after tax surged 276% to ₹65.24 crores. The backlog of orders stood strong at ₹956.74 crores. Additionally, a successful Qualified Institutional Placement raised ₹1000 crores, enhancing liquidity for future investments. The company is exploring acquisitions in simulator and electronic warfare technologies to align with growth strategies.