Zen Tech shares fall 8.7% after Q1 PAT declines

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Shares of Zen Technologies fell 8.7 per cent to ₹1,613.60 on the NSE after the company reported a 39.9 per cent year-on-year decline in consolidated profit after tax (PAT) for the June quarter.

Consolidated net profit after tax declined to ₹31.85 crore in Q1FY27 from ₹53.07 crore in Q1FY26.

The revenue from operations fell 10.4 per cent to ₹141.64 crore during the quarter under review compared to ₹152.82 crore in Q1FY26.

“We entered FY27 with clear visibility on execution. We closed the quarter with a consolidated order book of ₹1,239.02 crore as at 30 June 2026 and subsequently received a further simulator order of ₹177.50 crore in July 2026 for the upgradation and integration of Tank and Crew Gunnery Simulators,” the company said in its statement.

The board approved the extension of the timeline for utilisation of the unutilised balance of funds raised through the QIP and allocated towards inorganic growth, acquisitions, strategic initiatives and general corporate purposes. The utilisation timeline has been extended by 24 months, from August 23, 2026 to August 22, 2028.