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.
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