AXISCADES Technologies Limited — Investor Meet, 20-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates
20-08-2026 | 05:11 pm
20-08-2026 | 05:11 pm
AXISCADES Technologies reported Q1 FY27 revenue of ₹346 Cr, up 42% YoY, the highest in company history. A reported net loss of ₹14.8 Cr was due to one-off provisions (₹13.1 Cr) and divestment transaction costs (₹21.81 Cr). Normalized PAT stood at ₹20.2 Cr. The company is actively transitioning from services to a product/manufacturing focus. Defense revenue grew 112% YoY to ₹125 Cr, with assured forecast visibility of ₹4,557 Cr. XiDA (electronics) revenue was ₹49.5 Cr, up 63% YoY. Management projects FY27 continuing operations revenue of ₹1,377 Cr and PAT of ~₹135 Cr, reaffirming Power 930 goals. Strategic acquisitions and capacity build-out are underway, funded by divestment proceeds, signaling a confident future outlook.
No comments yet. Be the first to comment!
