Zen Technologies reported a 4.7% year-on-year (YoY) decline in net profit to ₹59.4 crore for the quarter ended September 30, 2025, compared with ₹62.3 crore in the same period last year.

The company’s revenue fell 28.3% YoY to ₹173.6 crore, down from ₹242 crore in Q2 FY25, while EBITDA declined 19% YoY to ₹65 crore. Despite the lower revenue, Zen Technologies’ EBITDA margin improved to 37.2%, up from 33% a year ago, reflecting better cost efficiency.

On a sequential (QoQ) basis, the company posted 16.6% growth in net profit to ₹61.9 crore from ₹53.1 crore in Q1 FY26. Revenue increased 9.7% QoQ to ₹173.6 crore, while EBITDA rose 8.9% to ₹76.6 crore, indicating positive momentum in the current fiscal year.

Based in Hyderabad, Zen Technologies specialises in anti-drone systems and defence training simulators. As of September 30, 2025, it reported an order book of ₹675.04 crore.

Earlier this month, the company secured a ₹37-crore order from the Ministry of Defence for indigenous anti-drone systems with hard-kill capabilities, to be executed within a year. Zen Technologies clarified that the order is not a related-party transaction, and its promoters have no interest in the awarding entity.