Shares of Zen Technologies came under sharp selling pressure in Monday’s morning trade, falling over 9% after the company reported a steep decline in its March quarter (Q4 FY26) earnings. The weak performance across revenue, profitability, and margins triggered negative sentiment among investors.
The company’s consolidated revenue for Q4 FY26 dropped significantly by 45.2% year-on-year to Rs. 178 crore, compared to Rs. 325 crore in the same quarter last year. The sharp decline in topline reflects a slowdown in order execution and lower business activity during the quarter.
Operating performance also took a major hit. EBITDA fell 63% YoY to Rs. 51 crore from Rs. 138 crore, indicating pressure on core profitability. As a result, EBITDA margin contracted sharply to 28.6%, down from 42.5% in Q4 FY25, highlighting reduced operational efficiency and cost pressures.
Net profit witnessed the steepest decline among key metrics. The company reported a 68.8% YoY drop in profit at Rs. 31.5 crore, compared to Rs. 101 crore in the corresponding quarter last year. The steep fall in earnings underscores the impact of lower revenue and margin compression.