Moneycontrol PRO
HomeNewsBusinessEarningsAxiscades Q4 profit grows over 3-fold to Rs 32 crore

Axiscades Q4 profit grows over 3-fold to Rs 32 crore

Axiscades Technologies revenue increased 5 percent to Rs 268 crore in the latest fourth quarter from Rs 256 crore a year ago.

May 28, 2025 / 00:37 IST
Axiscades Technologies Q4 Earnings
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Engineering solutions provider Axiscades has reported over three-fold jump in consolidated net profit to Rs 32 crore in the March quarter, aided by higher revenues.

    It had recorded a net profit of Rs 9 crore during the January-March period of 2023-24, the company said.

    Axiscades revenue increased 5 percent to Rs 268 crore in the latest fourth quarter from Rs 256 crore a year ago.

    The company's EBITDA (earnings before interest, tax, depreciation and amortisation) also rose 15 per cent to Rs 37 crore in the quarter under review from Rs 32 crore in Q4 FY24.

    For the entire fiscal, its revenue surged 8 per cent to Rs 1,031 crore from Rs 955 crore a year ago, the company said in a filing on Monday.

    Its CEO and MD Alfonso Martinez said, "As we approach FY26, our priority is to capitalise on the opportunities in emerging sectors like manufacturing, MRO, chip-to-product and advanced defence technologies, including unmanned warfare, to bring about non-linear, product-led, scalable growth".

    The company also plans to invest significantly in developing new proof of concept and products with a focus on creating commercially viable assets for future revenue.

    The board also approved merger of its step-down subsidiary 'add solution GmbH' with AXISCADES GmbH, the wholly-owned subsidiary of the company.

    On the rationale behind the move, it said the business of both entities add solution GmbH and AXISCADES GmbH are complimentary. Hence consolidation of the entities will result in synergy of business operations, optimise operational cost and reduce the compliance risk.

    Bengaluru-based Axiscades Technologies (Axiscades) is a leading end-to-end engineering and technology solutions provider, catering to sectors like aerospace, defence, heavy engineering, automotive and energy, among others.

    PTI
    first published: May 28, 2025 12:37 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347