AXISCADES Q1 FY27: Record Revenue, Divestment Loss, Defence at 125 Cr
AXISCADES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Highest-ever quarterly revenue of 346 Cr, up 42 percent YoY. Reported PAT loss of 14.8 Cr due to one-time divestment costs (21.8 Cr deal cost plus 13.1 Cr provisions). Normalised PAT was 20.2 Cr. Continuing operations grew 94 percent YoY to 183 Cr. Defence revenue up 112 percent to 125 Cr with 4,557 Cr assured order visibility. XiDA revenue up 63 percent at 33 percent EBITDA margin. Akkodis divestment of 2,256 Cr closes in two phases, bringing about 715 Cr cash and 1,255 Cr gain in Q2-Q3. FY27 guidance maintained at 1,377 Cr revenue and about 270 Cr EBITDA.
Sharp pivot from services to manufacturing and defence. Short-term pain from divestment costs, but 1,255 Cr gain and strong order book signal big upside ahead.