Filter announcements
Loading...
Axiscades Technologies Limited is a technology solutions company focussing on engineering solutions and services.
AXISCADES' board approved raising up to Rs 200 Cr via secured, unlisted NCDs. These funds will finance the acquisition of Cloud Wave Technologies, a Bengaluru-based precision engineering and manufacturing firm. This strategic move aims to expand its capabilities.
AXISCADES Board approved Q1 consolidated financial results: revenue ₹183.35 Cr, net loss ₹14.76 Cr. Strategically, the board also greenlit the disposal of its Heavy Engineering, Automotive, Energy & Aerospace businesses to Akkodis Group for a fixed consideration of USD 175.58 million.
AXISCADES board approved Q4 & FY26 consolidated results: FY26 revenue ₹1158.95 Cr, profit ₹71.92 Cr. Major strategic move: agreed to sell some businesses to Akkodis Group for $23.23M plus contingent consideration.
AXISCADES board approved its Q3 and nine-month financial results. Consolidated Q3 revenue hit ₹343.18 Cr, with profit at ₹27.66 Cr. The board also issued a ₹9.50 Cr corporate guarantee for a subsidiary and appointed Mukund Santhanam as Chief Strategy & Growth Officer.
AXISCADES Technologies' board approved Q2 & H1 financial results, with profit at ₹23.13 Cr and ₹43.99 Cr respectively. The company also secured provisional land in Telangana for a new Defense and Engineering Complex.