Zen Technologies Ltd Reports Strong Q3 FY25 Results Despite Challenges

Zen Technologies Ltd (BOM:533339) announced its Q3 FY25 results, showcasing a 44% year-on-year revenue growth to ₹141.52 crore. Net profit increased by 22% to ₹38.62 crore, driven by higher other income. However, the company faced a sequential decline in revenue and profit compared to Q2 FY2512. EBITDA margin contracted to 35.90% from 47.34% year-on-year. Despite the mixed performance, management remains confident in achieving full-year targets. The company's order book stood at ₹816.91 crore as of December 2024. Zen Technologies' shares plunged 20% following the results announcement, reflecting investor concerns over the sequential decline.
Source: Economic Times, Angel One, Moneycontrol