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Business Standard
08-08-2025
- Business
- Business Standard
Axiscades Q1 results: Profit rises 24% to ₹21 cr on strong revenue growth
Engineering solutions provider Axiscades on Friday reported a 24 per cent year-on-year rise in consolidated net profit to ₹21 crore in the June quarter of FY26, backed by a rise in revenues from core business segments. Axiscades had logged a net profit of ₹17 crore in the April-June period of the preceding 2024-25, the company said in a statement. In the first quarter, the company reported a growth of over 9 per cent in its income to ₹254.30 crore, from ₹233.77 crore a year ago. Expenses were at ₹226.32 crore, compared to ₹209.55 crore in the corresponding period of FY25. Bengaluru-based Axiscades is an end-to-end engineering and technology solutions provider, catering to sectors, including energy, heavy engineering, aerospace, defence, and automotive. Last month, Axiscades bagged ₹600 crore worth of defence orders, which involve development and supply of advanced sub-systems for "some of the most sophisticated indigenous platforms" being developed by leading defence agencies like the DRDO and Defence PSUs. "Our order book and forecast visibility for FY26 and the following years position us for sustained and strong revenue growth of over 40 per cent, with a targeted EBITDA margin of 19.5 per cent. We are committed to topline growth of more than 25 per cent and 300 basis points improvement in EBITDA for the current year," its CEO and MD Alfonso Martinez said.
News18
08-08-2025
- Business
- News18
Axiscades Q1 net profit grows 24 pc to Rs 21 cr
Agency: PTI Last Updated: New Delhi, Aug 8 (PTI) Engineering solutions provider Axiscades on Friday reported a 24 per cent year-on-year rise in consolidated net profit to Rs 21 crore in the June quarter of FY26, backed by a rise in revenues from core business segments. Axiscades had logged a net profit of Rs 17 crore in the April-June period of the preceding 2024-25, the company said in a statement. In the first quarter, the company reported a growth of over 9 per cent in its income to Rs 254.30 crore, from Rs 233.77 crore a year ago. Expenses were at Rs 226.32 crore, compared to Rs 209.55 crore in the corresponding period of FY25. Bengaluru-based Axiscades is an end-to-end engineering and technology solutions provider, catering to sectors, including energy, heavy engineering, aerospace, defence, and automotive. Last month, Axiscades bagged Rs 600 crore worth of defence orders, which involve development and supply of advanced sub-systems for 'some of the most sophisticated indigenous platforms" being developed by leading defence agencies like the DRDO and Defence PSUs. 'Our order book and forecast visibility for FY26 and the following years position us for sustained and strong revenue growth of over 40 per cent, with a targeted EBITDA margin of 19.5 per cent. We are committed to topline growth of more than 25 per cent and 300 basis points improvement in EBITDA for the current year," its CEO and MD Alfonso Martinez said. PTI ABI ABI SHW (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: August 08, 2025, 14:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
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Business Standard
20-06-2025
- Business
- Business Standard
Axiscades, Europe's MBDA join hands to set up defence unit Bengaluru
Homegrown Axiscades on Friday said it has signed an agreement with European missile systems major MBDA to set up a defence facility in Karnataka Homegrown Axiscades on Friday said it has signed an agreement with European missile systems major MBDA to set up a defence facility in Karnataka. The pact has been inked through its wholly owned subsidiary Axiscades Aerospace and Technologies to set up the unit at the Aerospace Park near Kempegowda International Airport, Bengaluru, Axiscades Technologies (Axiscades) said in a statement. "The facility will be equipped with test bench laboratories, infrastructure for missile launchers, specialized equipment, and trained technical personnel to support MBDA's advanced systems engineering requirements," it said. The agreement was signed on the sidelines of the ongoing Paris Air Show 2025 in France. In May, Axiscades 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". Bengaluru-based 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. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
20-06-2025
- Business
- Time of India
Axiscades, Europe's MBDA join hands to set up defence unit in Bengaluru
Homegrown Axiscades on Friday said it has signed an agreement with European missile systems major MBDA to set up a defence facility in Karnataka . The pact has been inked through its wholly owned subsidiary Axiscades Aerospace and Technologies to set up the unit at the Aerospace Park near Kempegowda International Airport, Bengaluru , Axiscades Technologies (Axiscades) said in a statement. "The facility will be equipped with test bench laboratories, infrastructure for missile launchers , specialized equipment, and trained technical personnel to support MBDA's advanced systems engineering requirements," it said. The agreement was signed on the sidelines of the ongoing Paris Air Show 2025 in France. In May, Axiscades 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". Live Events Bengaluru-based 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.
Time of India
27-05-2025
- Business
- Time of India
Engineering and tech firm Axiscades Q4 net profit grows over three-fold to Rs 32 crore
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% 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% to Rs 37 crore in the quarter under review from Rs 32 crore in Q4 FY24. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo For the entire fiscal, its revenue surged 8% 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". Live Events 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. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories 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.
