Latest News | Axiscades Posts Rs 12 Cr PAT in Q2

New Delhi, Nov 13 (PTI) Engineering solutions provider Axiscades Technologies has reported about a 10 per cent rise in consolidated profit after tax (PAT) to Rs 12.25 crore in the September quarter.

It had posted a Rs 11.17 crore PAT in the year-ago period, the company said in an exchange filing.

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The company increased its total income to Rs 269.03 crore from Rs 253.58 crore in the second quarter of the last financial year.

Arun Krishnamurthi, CEO & MD of AXISCADES, said, "The company posted sales revenue of Rs 264 crore, recording 18 per cent sequential growth. The revenue growth was driven both by digital engineering services and defence verticals."

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Bengaluru-based Axiscades is a leading end-to-end engineering and technology solutions provider catering to sectors such as aerospace, defence, heavy engineering, automotive, and energy, among others.

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