AXISCADES Technologies Limited — Board Meeting, 26-05-2025: Outcome of Board Meeting

AXISCADES Technologies approved its audited consolidated financial results, reporting annual revenue of ₹1,030.72 Cr and a profit after tax of ₹74.94 Cr, more than doubling last year's PAT of ₹32.61 Cr. The board greenlit the merger of its step-down subsidiary add solution GmbH with AXISCADES GmbH to simplify operations and cut costs. Leadership updates include Dr. Sampath Ravinarayanan as new Chairman and Alfonso Martinez Fernandez appointed Group CEO & MD, signaling a strategic push towards stronger governance and growth.