Zen Technologies Share Price in Focus; Revenue Surges 277% YoY in Q2 FY 2025 Financial Results

Zen Technologies Limited reported financial results in its results for Q2 and H1 for the financial year 2025 (FY 2025). On November 4, 2024, Zen Technologies share price opened at ₹1,938.60, slightly up from its previous close of ₹1,878.65. At 9:38 AM, the share price of Zen Technologies was trading at ₹1,865.90, down by 0.68%.

Q2 FY25 Financial Highlights

In Q2 FY25, the company achieved a standalone revenue of ₹241.69 crore, a remarkable 277% rise from the previous year. Profit After Tax (PAT) stood at ₹65.24 crore, reflecting a 276% increase YoY. Operational EBITDA reached ₹79.42 crore, up by 265% YoY, highlighting efficient operational performance.

H1 FY25 Financial Highlights

For the half-year (H1 FY25), Zen Technologies reported a standalone revenue of ₹495.64 crore, marking a 152% YoY growth. PAT for the period was ₹139.42 crore, an impressive 116% increase YoY. Operational EBITDA also showed strong gains, reaching ₹182.61 crore, up by 108% YoY.

Commenting on the results, the Chairman and Managing Director of Mr Ashok Atluri, stated that as of 30th September 2024, the company’s order book is strong at ₹956.74 crore, placing them well for future growth. 

He further added, “During the quarter, we successfully completed a Qualified Institutional Placement (QIP), raising ₹1000 crores. This initiative received a strong response, with subscriptions exceeding five times the issue amount. Notable marquee investors who have been allotted equity shares through our recent Qualified Institutional Placement (QIP) include Kotak Mutual Fund, Motilal Oswal and White Oak Offshore. Their participation underscores the confidence in our growth strategy and future prospects.” 

The Chairman and Managing Director also highlighted the company’s strong liquidity position as of September 30, 2024, with bank balances totalling ~₹1,103 crore. This substantial cash reserve is expected to support future investments in R&D and strategic acquisitions. He added that Zen Technologies remains committed to both organic and inorganic growth strategies, actively exploring acquisition opportunities in simulator and electronic warfare technologies, in line with the company’s strategic objectives.

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