Zen Technologies reported that revenue from operations nearly doubled in the quarter ended Sept. 30, 2026, while its ₹1,375.70 crore order book showed the scale of orders on hand at the Indian defense technology company.\n\nRevenue reached ₹345.13 crore, up from ₹173.57 crore a year earlier, according to the company’s unaudited consolidated results. Its presentation showed profit after tax adjusted for non-controlling interests rose 50.7% to ₹89.54 crore from ₹59.40 crore. The statutory results separately reported total consolidated profit after tax of ₹101.88 crore, including profit attributable to non-controlling interests.\n\nOperational EBITDA was ₹131.99 crore, compared with ₹64.74 crore a year earlier, the presentation showed. Its margin increased to 38.2% from 37.3%.\n\nZen reported ₹481.81 crore in order inflows during the quarter and ₹345.13 crore in orders executed. The consolidated order book stood at ₹1,375.70 crore on Sept. 30. The company said deliveries had started for Fast Track Procurement orders received the previous year, ahead of the deadlines in those contracts.\n\nChairman and Managing Director Ashok Atluri linked the company’s ability to respond to changing Army requirements to its in-house technology, saying “the technology is ours.”\n\nThe Economic Times reported an intraday share gain of 8.67% to ₹1,726 on Monday, Nov. 2. Yahoo Finance’s historical series lists a high of ₹1,742 and a close of ₹1,711 for that session.\n\nThe results came amid India’s push for domestic defense procurement. On Oct. 26, the Defence Acquisition Council (DAC) granted Acceptance of Necessity (AoN), an in-principle administrative approval, to defense acquisition proposals estimated at ₹2.12 lakh crore. The Ministry of Defence said about 82% of the procurement was expected to come from Indian industry. Zen said the approved categories include areas where it has products, but the government announcement did not name Zen as a supplier.
