Zen Technologies’ shares gained on 5 September as the company announced winning a Rs 123.3 crore order from the defence ministry.

On 31 August, the company received a Rs 72.29 crore order from the Defence Ministry.

The company said that as of 30 June, its order book stood at Rs 542 crore. However, during the current quarter, the company has secured orders worth Rs 733 crore, taking its total order book to Rs 1,275 crore.

The company said in its exchange filing that the order book includes Training Simulators worth Rs 590.96 crore, Services (including AMC) worth Rs 228.25 crore, and Counter Drone System worth Rs 456.11 crore.

Zen Technologies is a provider of military training and counter-drone solutions, as it specialises in manufacturing state-of-the-art land-based military simulators, live range equipment, driving simulators, and counter-drone systems.

During its quarterly report for the April-June quarter, the company reported a 532% increase in its consolidated net profit at Rs 47.08 crore. The revenue from operations saw a drastic rise of 257% to Rs 132.45 crore.

At 11:18 am, the shares of Zen Technologies were trading at Rs 833.75 or 1.85% above its previous close on NSE.