AXISCADES Technologies Ltd's Q3FY25 Quarterly Results

Result Summary

• AXISCADES Technologies Ltd reported a 2.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 18.4%.
• Its expenses for the quarter were up by 0.9% QoQ and 13.2% YoY.
• The net profit increased 20.5% QoQ and increased 95.8% YoY.
• The earnings per share (EPS) of AXISCADES Technologies Ltd stood at 3.4 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

AXISCADES Technologies Ltd is a prominent player in the engineering services sector, offering a wide range of solutions predominantly in product engineering and high-end technology services. The company caters to several industries including aerospace, defense, automotive, and industrial products. AXISCADES Technologies Ltd is known for its comprehensive engineering solutions that encompass the entire product lifecycle, from concept to detailed design, manufacturing support, and aftermarket services. Recent developments in the company have focused on expanding its capabilities and enhancing its service offerings to cater to evolving customer needs. However, specific recent developments are not detailed within the provided data.

Revenue

For the third quarter of fiscal year 2025 (Q3FY25), AXISCADES Technologies Ltd reported a total income of ₹276.90 crores. This represents a quarter-over-quarter (QoQ) increase of 2.9% compared to ₹269.03 crores in Q2FY25 and a year-over-year (YoY) increase of 18.4% from ₹233.87 crores in Q3FY24. The consistent growth in revenue highlights the company's ability to expand its market presence and enhance its service delivery over the past year. The increase in total income on a yearly basis can be attributed to strategic initiatives and operational efficiencies.

Profitability

The profitability of AXISCADES Technologies Ltd saw a significant upward trend in Q3FY25. The company achieved a profit before tax of ₹23.14 crores, marking a substantial QoQ growth of 23.4% from ₹18.75 crores in Q2FY25, and an impressive YoY increase of 109.8% from ₹11.03 crores in Q3FY24. The tax expense for the quarter stood at ₹8.37 crores, up by 28.8% QoQ and 139.8% YoY, reflecting the increased profitability and tax obligations. Consequently, the profit after tax reached ₹14.76 crores, representing a growth of 20.5% QoQ and 95.8% YoY. The company's earnings per share for the quarter was ₹3.40, up from ₹2.90 in the previous quarter and ₹1.80 in the same quarter of the previous year, indicating enhanced shareholder value.

Operating Metrics

The operating expenses of AXISCADES Technologies Ltd in Q3FY25 totaled ₹252.23 crores, showing a slight increase of 0.9% QoQ from ₹249.94 crores in Q2FY25, and a YoY rise of 13.2% from ₹222.83 crores in Q3FY24. The increase in total expenses is relatively moderate compared to the growth in revenue and profitability, suggesting effective cost management. The company's ability to maintain a lower rate of expense growth compared to income growth may have contributed positively to its operating margins. The financial data provided does not include specific ratios such as the P/E ratio, debt-to-equity ratio, or current ratio, limiting a detailed analysis of these metrics. However, the data reflects a strong operational performance with a focus on improving efficiencies and managing costs effectively.