AXISCADES Delivers Another Quarter of Strong and Consistent Results
AXISCADES delivers another quarter of strong and consistent results with robust improvement in profitability Revenue growth of 25.3% Q-o-Q and PAT growth of 185.7% Q-o-Q Bangalore, February 11, 2022 (GNI): AXISCADES Technologies Ltd. [AXISCADES (BSE: 532395 | NSE: AXISCADES], a leading end to end engineering and technology solution catering to the aerospace, defence, heavy engineering, automotive, energy, medical & healthcare sectors, serving Global OEMs, today announced results for the third quarter of FY 2021-22 ended December 31, 2021. Financial highlights for the quarter: • Q3 FY22 Total Income at INR 1,702 Mn against INR 1,388 Mn in Q2 FY22 • EBITDA stands at INR 201 Mn, translating to an EBITDA margin of 11.82% • PAT for Q3 FY22 stands at INR 79 Mn; growth of 185.7% Q-o-Q • Strong revenue addition in Aerospace; grew by 18.1% Q-o-Q • Strong order book of USD 57.0 Mn as of 31st Dec-2021, growth of 32.7% Q-o-Q Commenting on the…
