- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
AXISCADES Technologies Ltd. reported strong Q2 FY25 results, with revenue at ₹264 crore, a sequential growth of 18.4%. The EBITDA reached ₹33 crore, despite a slight year-over-year decrease, while PAT stood at ₹12 crore, reflecting a 9.7% uptick. The Aerospace sector posted a robust 19% year-over-year growth driven by increased wallet share with European OEMs, while Defence order intake surged to ₹121 crore, marking a significant execution of design wins. Semiconductor revenues grew 36% QoQ, and the Energy vertical experienced 100% year-over-year growth. However, the Automotive division faced challenges from global macro conditions, impacting revenue and margins. Overall, the company reported a solid order book of $89 million, showing a potential growth trajectory, particularly in Defence. With expectations to bolster Defence revenues to approximately 60% of total revenue over the next 12-18 months, AXISCADES's outlook remains positive despite some sectoral challenges. Investors should watch this emerging growth amidst a dynamic market environment.