31-Oct-2026 21:41:06
ZENTECAcquisition and merger
ZENTEC Q2 : CONS NET PROFIT UP 64.6% AT ₹101.88 CR (YOY), UP 219.9% (QOQ); BOARD APPROVES ACQUISITION OF 51.98% STAKE IN COGKNIT FOR ₹135.15 CR. STRONG (ON 1ST LOOK)
Revenue up 98.8% at ₹345.13 Cr (YOY), up 143.7% (QOQ). Ebitda up 65.1% at ₹148.70 Cr (YOY), up 157.0% (QOQ); margins 43.1% v 51.9% (YOY), 40.9% (QOQ). Cons order book ₹1,375.70 Cr at Sep 30, 2026; standalone order book ₹1,263.69 Cr. Board approved 51.98% equity stake in Cogknit Semantics for ₹135.15 Cr; deal pending customary conditions. Caution: Fire at Unistring unit caused preliminary loss of ~₹4 Cr; insurance claim lodged. Impact: Q2 profit and revenue growth strong; ₹135.15 Cr Cogknit stake buy pending conditions; ~₹4 Cr fire loss with insurance claim.
ZEN Technologies Ltd
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