Zen Technologies Limited, a leading provider of military training and counter-drone solutions, is pleased to announce an order win from the Ministry of Defence, Government of India valued at~₹123.3crores (inclusive of 18%GST).
As of June30, 2023, their order book amounted to~₹542 crores.
During the current quarter, the company has successfully secured new orders worth~₹733 crores, raising our total order book to ~₹1,275 crores (excluding tax).
Orders executed during Q2FY24 were not excluded from the cumulative order book and they shall be accounted for at the end of the quarter.
The order break up is as follows:
Training Simulators: Rs 590.96 crores
Counter Drone Systems: 456.11 crores:
Services (Including AMC): 228.25 crores
The total value of these orders cumulatively is Rs 1,275.32 crore.