The company said that the order is part of the government's indigenous design and development (IDDM) initiative, which requires Indian IP and over 60% indigenous content.

"Zen, with three decades of IP-based design & development (D&D) experience, stands poised to benefit from such initiatives,” the company said in a statement.

Zen Technologies is a leading provider of military training and anti-drone solutions. The company specializes in manufacturing land-based military training simulators, driving simulators, live range equipment, and anti-drone systems.

The company reported a steeply higher consolidated net profit of Rs 20.20 crore in Q4 FY23 as compared with Rs 3.31 crore in Q4 FY22. Revenue from operations zoomed 245.1% to Rs 95.88 crore in the quarter ended March 2023 as against Rs 27.78 crore posted in same quarter last year.