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 topline, the company’s EBITDA margin improved to 37.2%, up from 33% a year ago, reflecting cost efficiency.
On a sequential basis (QoQ), Zen Technologies posted a 16.6% rise in net profit to ₹61.9 crore, up from ₹53.1 crore in the previous quarter.
Revenue grew 9.7% QoQ to ₹173.6 crore from ₹158.2 crore in Q1 FY26, while EBITDA rose 8.9% to ₹76.6 crore from ₹70.3 crore.
Based in Hyderabad, Zen Technologies specialises in anti-drone systems and defence training simulators.
As of September 30, 2025, the company reported an order book of ₹675.04 crore.
Earlier this month, the company received a ₹37-crore order from the Ministry of Defence for supplying indigenous anti-drone systems with hard-kill capabilities, to be executed within a year.
Zen Technologies clarified that the order does not qualify as a related-party transaction and its promoters have no interest in the awarding entity.
