Zen Technologies Reports 69% Drop in Net Profit Amidst Revenue Decline

Zen Technologies Reports 69% Drop in Net Profit Amidst Revenue Decline

Mumbai, May 3: Zen Technologies, a prominent player in the defense sector, has reported a staggering 69% year-on-year decline in net profit for the March quarter. The company disclosed that its net profit for the period from January to March 2026 stood at ₹31.50 crore, a sharp drop from ₹101.10 crore in the same quarter last year.

The revenue for the last quarter of the fiscal year also saw a significant decline, totaling ₹178.10 crore compared to ₹324.90 crore in the previous year, marking a 45.20% decrease. Additionally, the company’s EBITDA fell by 63.10%, amounting to ₹51 crore, down from ₹138 crore in the same quarter of the prior fiscal year.

In conjunction with the quarterly results, Zen Technologies announced a dividend of ₹1 per share, with a record date set for August 21, 2026.

On the stock performance front, shares of Zen Technologies closed at ₹1671.25 on the BSE after a 0.72% decline. Over the past month, the stock has surged by 30%, and it has appreciated by 17.81% over the last year. The stock reached a 52-week high of ₹2268.15 and a low of ₹1224, with a market capitalization of ₹15,089 crore.

Investors holding Zen Technologies shares for two years have seen a 50% increase in value, while the stock has delivered a remarkable 473% return over three years. Over the past five years, the defense stock has skyrocketed by 2141%. Long-term investors who have held shares for a decade have enjoyed a staggering 1995% profit.

(Note: This article does not constitute investment advice. The stock market is subject to risks. Always consult experts before making any investment decisions.)

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