Shares of AXISCADES Technologies rose 5% to ₹711.65 on Thursday after the company reported a stellar financial performance for the quarter ended December 31, 2024 (Q3 FY25). The consolidated net profit nearly doubled, rising 99.33% YoY to ₹14.81 crore, compared to ₹7.43 crore in Q3 FY24.
The company’s sales saw an 18.43% increase, reaching ₹274.15 crore, up from ₹231.48 crore in the previous year. Operational performance also improved, with the operating profit margin (OPM) rising to 14.74%, up from 12.96% YoY.
Key Financial Metrics:
- Sales: ₹274.15 crore (up 18.43%)
- Profit Before Tax (PBT): ₹24.65 crore (up 123%)
- Profit After Tax (PAT): ₹14.81 crore (up 99.33%)
- PBDT: ₹35.48 crore, showing 82% growth from ₹19.52 crore YoY
This robust performance reflects strong demand in the company’s engineering and technology services. Investors remain optimistic about sustained growth, with rising margins and improved order execution boosting AXISCADES’ outlook.
Disclaimer: The information provided is for informational purposes only and should not be considered financial advice. Please consult financial experts before making any investment decisions.