Zen Technologies Ltd's Q3FY25 Quarterly Results

Result Summary

• Zen Technologies Ltd reported a 30.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 68.0%.
• Its expenses for the quarter were down by 31.7% QoQ and up 90.7% YoY.
• The net profit decreased 32.7% QoQ and increased 42.9% YoY.
• The earnings per share (EPS) of Zen Technologies Ltd stood at 4.4 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Zen Technologies Ltd is a company engaged in the development of training solutions and simulators for defense and security forces. The company is known for its innovative approach to creating simulation-based training solutions, which are vital for modern defense strategies. Zen Technologies operates within the defense sector, providing technology-driven training solutions that contribute to the efficiency and effectiveness of defense personnel. As of the latest update in October 2023, specific recent developments or strategic changes in the company's operations are not available.

Revenue

In the third quarter of fiscal year 2025 (Q3FY25), Zen Technologies Ltd reported a total income of ₹174.25 crores. This represents a quarter-over-quarter (QoQ) decrease of 30.4% from ₹250.31 crores in Q2FY25. However, on a year-over-year (YoY) basis, there was a significant increase of 68.0% from ₹103.75 crores in Q3FY24. The fluctuations in revenue highlight variations in the company's income streams or business activities over these periods.

Profitability

For Q3FY25, Zen Technologies Ltd recorded a profit before tax of ₹59.46 crores, which indicates a decrease of 27.8% from the previous quarter's profit before tax of ₹82.37 crores. Despite the QoQ decline, there was a YoY increase of 36.5% compared to ₹43.56 crores in Q3FY24. The profit after tax stood at ₹42.67 crores, marking a 32.7% decrease from ₹63.44 crores in Q2FY25, yet reflecting a 42.9% increase from ₹29.85 crores in Q3FY24. Earnings per share (EPS) for Q3FY25 was reported at ₹4.40, down 39.7% from the previous quarter's ₹7.30, but up 18.9% from ₹3.70 in Q3FY24. These metrics reveal the company's profitability trends over different periods.

Operating Metrics

The total expenses for Zen Technologies Ltd in Q3FY25 were ₹114.78 crores, showing a QoQ decrease of 31.7% from ₹167.94 crores in Q2FY25. On a YoY basis, total expenses increased by 90.7% from ₹60.20 crores in Q3FY24. The tax expense for Q3FY25 was ₹16.80 crores, representing an 11.3% decrease from ₹18.93 crores in Q2FY25 and a 22.4% increase from ₹13.72 crores in Q3FY24. These figures provide insights into the company's cost management and tax liabilities over the analyzed quarters.