Hot Pursuit     23-Nov-21
Zen Tech jumps on bagging export order
Zen Technologies rose 4.02% to Rs 212 after the company said it has signed an export contract worth about Rs 35 crore with one of its important Middle East customers.

The order includes live simulation equipment (Rs 19.7 crore) and Operation & Maintenance (O&M) (Rs 15.4 crore) for four years. The equipment order is expected to be executed in the next three quarters. O&M is for four years.

Zen Technologies emerged as the winner against tough competition from Europe and USA.

The company said its total order book position as on date is Rs 427.79 crore, which includes domestic orders worth Rs 269 crore and export orders worth Rs 158.79 crore.

On a consolidated basis, Zen Technologies reported net loss of Rs 0.02 crore in Q2 September 2021 as against net profit of Rs 0.78 crore in Q2 September 2020. Net sales rose 27.53% to Rs 15.75 crore in Q2 September 2021 over Q2 September 2020.

Zen Technologies provides defence training solutions, drones and anti-drones solutions and has a track record in building training systems for imparting defense training and measuring combat readiness of security forces.

Previous News
  Zen Tech wins order worth Rs 65 cr from MoD
 ( Corporate News - 16-Aug-23   15:55 )
  Zen Technologies wins contract from J&K Police
 ( Corporate News - 29-Mar-22   09:14 )
  Zen Technologies wins order worth Rs 127 cr
 ( Corporate News - 24-Mar-23   09:08 )
  Zen Technologies announces board meeting date
 ( Corporate News - 07-Nov-22   16:30 )
  Zen Technologies reports standalone net loss of Rs 1.14 crore in the September 2018 quarter
 ( Results - Announcements 10-Nov-18   17:16 )
  Zen Technologies standalone net profit rises 3936.67% in the December 2018 quarter
 ( Results - Announcements 29-Jan-19   17:25 )
  Zen Technologies consolidated net profit declines 77.32% in the December 2020 quarter
 ( Results - Announcements 30-Jan-21   16:20 )
  Zen Technologies wins orders worth Rs 155 cr from Indian Air Force
 ( Corporate News - 03-Sep-21   10:07 )
  Zen Technologies jumps on winning orders
 ( Hot Pursuit - 09-Oct-20   14:33 )
  Zen Technologies Ltd Spurts 7.51%
 ( Hot Pursuit - 05-Aug-19   09:31 )
  Zen Technologies to convene board meeting
 ( Corporate News - 11-Nov-17   10:52 )
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