FutureSenseIndia

Zentech Technology Q2 Result: Year-on-Year Growth Amidst Quarterly Decline

NSE: ZENTEC: Rs.1,865.00

Zen Technologies Ltd. Consolidated Financials

Particulars Sep 2024 Jun 2024 Sep 2023
Revenue24,184.37 lakhs25,461.57 lakhs6,650.10 lakhs
Other Income847.09 lakhs310.97 lakhs534.38 lakhs
Net Profit6,343.57 lakhs7,948.57 lakhs1,363.36 lakhs
EPS (Basic)7.269.191.83

Key Observations:

  • Revenue declined by 5.01% compared to the previous quarter (Jun ’24) but grew significantly by 264.74% compared to the same quarter last year (Sep ’23). This indicates strong year-on-year growth but a potential slowdown in recent months.
  • Other Income showed a significant increase compared to both the previous quarter and the same quarter last year.
  • Net Profit also declined compared to the previous quarter but recorded substantial growth compared to the same quarter last year.
  • EPS (Basic) followed a similar trend, reflecting the changes in net profit.
  • The value of the orders on hand as at September 30, 2024, is about – Rs.956.74 Crores.

Overall, Zen Technologies Ltd.’s consolidated financials demonstrate impressive year-on-year growth, particularly in revenue and profitability. However, the quarter-on-quarter decline in revenue and profit suggests potential softening in business momentum.

 

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