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(07/08/2025 20:30)

AXISCADES Technologi Q1 net profit down 56.98% at Rs 6.56 cr

The company reported standalone net profit of Rs 6.56 crore for the quarter ended June 30, 2025 as compared to Rs 15.25 crore in the same period last year, registering a year-on-year decline of 56.98 per cent.

Net revenue of the company rose moderately by 6.55 per cent at Rs 103.94 crore in April-June quarter of this fiscal as against Rs 97.55 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 20.67 per cent to Rs 90.78 crore from Rs 75.23 crore in year ago period.

Other Income dipped by 42.78 per cent at Rs 5.03 crore versus (Jun'24 Rs 8.79 crore).

Operating Profit slipped by 41.08 per cent to Rs 13.15 crore as against Rs 22.32 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 44.67 per cent in June quarter.

Interest declined by 14.77 per cent y-o-y to Rs 6.81 crore, while Taxation decreased by 82.96 per cent at Rs 0.69 crore (Jun'24 Rs 4.05 crore).