AXISCADES Q3 FY26: PAT up 87% YoY, revenue up 25%, subsidiary guarantee approved
AXISCADES · price
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Board approved Q3 FY26 results: consolidated revenue at INR 343.18 crores, up 25% YoY; PAT at INR 27.66 crores, up 87% YoY (9M PAT INR 71.65 crores, up 64%). Defence segment revenue jumped 49% YoY. Exceptional item of INR 7.82 crores booked due to new Labour Code impact. Also approved INR 9.50 cr corporate guarantee for wholly-owned subsidiary ACAT and appointed Mukund Santhanam as Chief Strategy and Growth Officer.
Strong quarter with sharp revenue and profit growth. One-time Labour Code charge dented otherwise higher profits. New CSGO signals growth focus.