Defence company Zen Technologies announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Revenue: Rs 241.69 crore, change 277% YoY. Operational EBITDA: Rs 79.42 crore, change 265% YoY. PAT: Rs 65.24 crore, change 276% YoY. H1FY25 Financial Highlights: Revenue: Rs 495.64 crore, change 152% YoY. Operational EBITDA: Rs 182.61 crore, change 108% YoY. PAT: Rs 139.42 crore, change 116% YoY. Ashok Atluri – Chairman and Managing Director, Zen Technologies, said: “I am pleased to share the results for Q2FY25, which reflect a solid continuation of the growth we achieved in Q1FY25. Our revenue from operations for Q2FY25 reached Rs 241.69 crore, a significant increase of 277% compared to Rs 64.03 crore in Q2FY24. Our operational EBITDA for the quarter was Rs 79.42 crore, representing a growth of 265% from Rs 21.76 crore in the same period last year, while our profit after tax stood at Rs 65.24 crore, up 276% from Rs 17.34 crore. We have exceeded the revenue and profit after tax of the previous year FY24 in the H1FY25 itself. As of 30th September 2024, our order book is strong at Rs 956.74 crore, positioning us well for future growth. During the quarter, we successfully completed a Qualified Institutional Placement (QIP), raising Rs 1000 crore. This initiative received a strong response, with subscriptions exceeding five times the issue amount. Notable marquee investors who have been allotted equity shares through our recent Qualified Institutional Placement (QIP) include Kotak Mutual Fund, Motilal Oswal and White Oak Offshore. Their participation underscores the confidence in our growth strategy and future prospects. As of September 30, 2024, the Company has a robust liquidity position with balances in banks totalling ~Rs 1,103 crore. This strong cash reserve positions us favourably for future R&D; investments and strategic acquisitions. Continuing our commitment to organic and inorganic growth strategies, we are actively evaluating potential acquisition opportunities in simulator and electronic warfare technologies aligned with our strategy. Our dedication to innovation, coupled with strategic investments in research and development, ensures we remain poised to capitalise on burgeoning demand driven by military modernisation initiatives globally.” Result PDF