New Delhi, Feb. 17 -- Zen Technologies share price plunged over 17% in early trade on Monday after the company reported its Q3 results. Zen Technologies shares declined as much as 17.62% to Rs.1,111.30 apiece on the BSE.

The Drone manufacturing company, Zen Technologies reported a net profit of Rs.38.62 crore in the third quarter of FY25, registering a growth of 22% from Rs.31.67 crore in the year-ago quarter, led by higher other income. On a sequential basis, net profit declined 40.8% from Rs.65.24 crore in the previous quarter.

The company's revenue from operations in Q3FY25 increased 44% to Rs.141.52 crore from Rs.98.08 crore, year-on-year (YoY). The revenue dropped 41.44% from Rs.241.69 crore in the September quarter.

At the operat...