Shares of Zen Technologies declined 6.43% to Rs 1,655 in Monday’s trading session after the company reported a year-on-year decline in revenue and profitability for the first quarter of FY27. The market reaction came despite the company highlighting a strong order pipeline and improved execution visibility for the coming quarters.
Zen Technologies posted a 27.8% decline in consolidated net profit at Rs 34 crore for the quarter ended June 30, 2026, compared with Rs 47 crore in the same period last year. Revenue from operations also fell 10.5% year-on-year to Rs 141.6 crore from Rs 158.2 crore in the corresponding quarter.
