Zen Technologies Announces Q2 & H1 FY26 Financial Results: Revenue Down, Operational EBITDA Margins Up

Zen Technologies, a leading anti-drone technology and defense training solutions provider in India, has announced its financial results for Q2 & H1 FY26. The company reported a decrease in revenue for Q2FY26 compared to the same period last year, but operational EBITDA margins remained healthy. Contributions from subsidiaries, particularly Applied Research International Private Limited (ARIPL) and Unistring Tech Solutions (UTS), continued to be significant. The company's financial position remains strong with liquidity of over ₹1,100 crore as of September 30, 2025. The temporary delay in the closure timelines for certain regular Requests for Proposals (RFPs) due to Operation Sindoor is expected to be procedural and the orders are expected to be released in due course. The company is experiencing increased interest, particularly for its anti-drone systems, following the real-world validation of its operational equipment during Operation Sindoor.