News

The board of AXISCADES Technologies at its meeting held on 12 June 2026 has approved the transfer of the business comprising the provision of �Engineering Services` in the Aerospace industry (Transferring Business) by the Company, its branches in Germany (German Branch) and France (France Branch), and its subsidiaries namely, Cades Studec Technologies (India) (CSTI), AXISCADES GmbH (ATL Germany), AXISCADES UK (ATL UK), AXISCADES Technology Canada Inc. (ATL Canada) and AXISCADES Inc (ATL US) to Akkodis Group AG and its subsidiary Akkodis India (Proposed Transaction).

Net profit of AXISCADES Technologies declined 98.60% to Rs 0.43 crore in the quarter ended March 2026 as against Rs 30.76 crore during the previous quarter ended March 2025. Sales rose 1.88% to Rs 273.01 crore in the quarter ended March 2026 as against Rs 267.97 crore during the previous quarter ended March 2025.For the full year,net profit declined 4.03% to Rs 71.92 crore in the year ended March 2026 as against Rs 74.94 crore during the previous year ended March 2025. Sales rose 12.44% to Rs 1158.95 crore in the year ended March 2026 as against Rs 1030.72 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales273.01267.97 2 1158.951030.72 12 OPM %12.2513.97 -15.3013.82 - PBDT27.6732.97 -16 169.14130.97 29 PBT13.8523.41 -41 124.7691.38 37 NP0.4330.76 -99 71.9274.94 -4 Powered by Capital Market - Live News

AXISCADES Technologies announced that its wholly owned subsidiary, AXISCADES Aerospace & Technologies has secured order worth Rs 6.9 crore for manufacturing & supply of Mobile Mast System (MMS) from the Office of DG (ACE), Ministry of Defence.

AXISCADES Technologies announced implementation of its strategic plan: the transfer of its Engineering Services practice catering to Heavy Engineering, Energy and Automotive verticals, to Akkodis, a leading global digital engineering consulting company. This transaction represents the first concrete step in AXISCADES` planned transition from a services-led organization to a focused aerospace manufacturing and products-led platform � a transformation the Company has signaled to its shareholders consistently over the past four quarters.Over the past four quarters, AXISCADES has consistently communicated to its shareholders and to the market, its intent to transition the Company from a services-led model toward a focused aerospace manufacturing and products-led platform. Today`s announcement is the beginning of that transition � crystallizing value from the Engineering Services practice while releasing capital and management bandwidth for redeployment into the higher-margin, higher-growth core platforms of aerospace engineering, aerospace manufacturing, MRO and Electronics, Sensors and AI (ESAI) proprietary solutions. The Company`s Power 930 strategic ambition remains firmly on course. The proceeds from this transaction provide a disciplined capital pool to accelerate the build-out of the Devanahalli Atmanirbhar Complex (DAC), the Missile Atmanirbhar Complex (MAC) and the Company`s pipeline of strategic acquisitions in higher-margin products and manufacturing capabilities.In Akkodis, the transferred Engineering Services practice gain a natural global home with the scale, multi geography delivery infrastructure and customer reach to take these businesses to their next phase of profitable growth, serving clients across complex, high-value digital engineering programs. Employees aligned with the transferred businesses are expected to move with them, strengthening Akkodis` capabilities in Heavy Engineering, Energy and Automotive, and benefiting from enhanced global career opportunities. Both the employee and customer program will be transitioned with continuity and care.

AXISCADES Technologies will hold a meeting of the Board of Directors of the Company on 27 May 2026.