Axiscades Q3 net profit jumps 87% to Rs 28 crore

Axiscades Q3 Earnings | Defence revenue grew by 50 percent, aerospace revenue grew by 28 percent, and revenues from ESAI (Electronics, Semiconductors and Artificial Intelligence) vertical expanded by 18 percent, compared to same period of previous year.

PTI

February 11, 2026 / 00:23 IST

Axiscades Q3 Earnings

Engineering and defence solutions provider Axiscades on February 10 reported an 87.2 percent rise in its consolidated net profit to Rs 28 crore in the December quarter of FY26, supported by higher revenues.

It registered a net profit of Rs 15 crore in the October-December period of the preceding 2024-25 financial year, the company said in a statement.

The company's revenue from operations also rose to Rs 343 crore in the latest third quarter from Rs 275 crore a year ago, posting a year-on-year fall of over 25 percent.

Defence revenue grew by 50 percent, aerospace revenue grew by 28 percent, and revenues from ESAI (Electronics, Semiconductors and Artificial Intelligence) vertical expanded by 18 percent, compared to same period of previous year.

The company's founder and CMD Sampath Ravinarayanan said, "Axiscades is on track to achieve our growth objectives for the current financial year. We expect to deliver a robust increase of 40-50 percent year-on-year in Earnings Per Share (EPS) for both FY26 and FY27, reflecting the strength of our strategic execution and operational discipline."