Why You Should Invest in Zen Technologies Now; Q4FY23
May 07, 2023
News
/ Q4FY2023
In this post, you will learn why you should invest in Zen Technologies now. You will see how the company is undervalued compared to its peers, based on its financial performance and valuation metrics. You will also see how the company has a huge growth potential, as it operates in a niche and high-demand market. You will also see how the company has improved its margins, declared a dividend and achieved a net energy gain in its nuclear fusion experiment. Q4 Results: A Strong Performance Amid Challenges Zen Technologies recently announced its financial results for the quarter and year ended March 31, 2023. The company reported robust growth in revenue and profitability, despite the challenges posed by the COVID-19 pandemic and geopolitical tensions. The company’s consolidated net sales for Q4 FY23 stood at Rs 52.49 crore, up 100.18% year-on-year (YoY) from Rs 26.22 crore in Q4 FY221. The standalone net sales for Q4 FY23 were Rs 32.93 crore, up 166.51% YoY from Rs 12.36 crore...