AXISCADES Technologies Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
AXISCADES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
AXISCADES Technologies reported consolidated revenue of ₹11,589.52 crores for FY2026, up 12.4% from ₹10,307.24 crores in FY2025. However, profit after tax declined to ₹720.65 crores from ₹752.84 crores in the prior year, with Q4 FY2026 seeing a sharp drop to just ₹41.36 lakhs. The company recorded exceptional items of ₹111.68 crores including goodwill impairment of ₹79.76 lakhs and past service costs of ₹78.21 crores due to new labour codes. S.R. Batliboi & Associates issued an unmodified (clean) audit opinion. The Board also approved a ₹20 crore corporate guarantee for subsidiary AXISCADES Aerospace & Technologies Private Limited. Additionally, the company entered an agreement to sell certain engineering services businesses to Akkodis Group for USD 23.23 million.
Revenue growth is modest at 12.4%, but the PAT decline and weak Q4 performance may concern investors. The corporate guarantee to a subsidiary adds contingent liability exposure. The business sale to Akkodis, if completed, could be a significant restructuring event.