As per the company's exchange filing, a fire engine reached the spot and doused the fire. The facility is insured and the financial damage due to the fire is currently being assessed. There was electrical wiring, etc. were damaged due to heat in the adjacent production area. However, operations are expected to resume within a couple of days and no impact is expected on any ongoing projects.
On a consolidated basis, Zen Technologies reported net loss of Rs 0.74 crore in Q2 September 2021 as against net profit of Rs 0.92 crore in Q2 September 2020. Net sales rose 27.5% to Rs 15.75 crore in Q2 September 2021 over Q2 September 2020.
Shares of Zen Technologies slipped 0.41% to Rs 204.15 on BSE. Zen Technologies provides defence training solutions, drones and anti-drones solutions and has a track record in building training systems for imparting defense training and measuring combat readiness of security forces.
|