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Zen Technologies Ltd Q2FY24; 240% rise in Profits

Zen Technologies Limited was incorporated in 1996. The company designs develop and manufacture combat training solutions for the training of defense and security forces. It is actively involved in the indigenization of technologies, which are beneficial to Indian armed forces, state police forces, and paramilitary forces. Zen Technologies is headquartered in Hyderabad, India with offices in India and the USA.

Financial Results:

Zen Technologies Ltd reported Revenues for Q2FY24 of ₹64.00 Crores up from ₹21.00 Crore year on year, a rise of 204.76%.

Total Expenses for Q2FY24 of ₹44.00 Crores up from ₹18.00 Crores year on year, a rise of 144.44%.

Consolidated Net Profit of ₹17.00 Crores up 240.0% from ₹5.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.06, up 255.17% from ₹0.58 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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