Zen Technologies reported a strong set of third quarter numbers. Ashok Atluri, CMD of Zen Technologies, spoke to CNBC-TV18 about the company's financial performance and growth outlook.

Atluri said that out of the total requirement of 100 simulators, they have supplied about 17 in Q3 and expect the execution of all the simulators by Q1 of FY20 that is in the next two quarters.

"The price of each simulator is around Rs 1.5 crore each and so expect revenues of Rs 120 crore in the next two quarters."

"The product sales for the third quarter stood at Rs 28.5 crore and annual maintenance income is about Rs 5.5 crore, which led to Rs 34 crore revenues in Q3," said Atluri.