Zen Technologies share price hits 20% lower circuit; Q3 net profit jumps 22% YoY

In Q3FY25, total revenue jumped 44% YoY to ₹141 crore, compared to ₹98 crore in the previous year's similar quarter. The total order book as of Q3FY25 stood at ₹816 crore, out of which the company has executed orders worth ₹140 crore, with no new order win. The company’s standalone EBITDA increased by 21% YoY to ₹58.6 crore as compared ₹48 crore in the previous year's similar quarter. The net profit for the quarter jumped 22% YoY to ₹38.6 crore.

Zen Technologies has acquired Applied Research International (ARIPL) and ARI Labs (ALPL), acquiring a 100% equity stake in both companies. The acquisition, valued at Rs 130.0 crore, strengthens Zen Technologies’ commitment to advancing simulation technologies for defence and security forces.

With this acquisition, ARIPL and ALPL will eventually be fully integrated into Zen Technologies, further cementing its position as a leader in defence simulation. This strategic move drives innovation in military training by leveraging AI-powered analytics, immersive technology, and real-time performance assessments.

It also broadens the company’s capabilities beyond land-based training, advancing its expertise in naval and maritime simulations to enhance combat preparedness for the Indian Armed Forces and global defence forces.

Zen Technologies is a pioneer in the design, development and manufacture of world-class, state-of-the-art training simulators and India’s leading drone manufacturers.