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AXISCADES Technologies Ltd Q2FY24; 48% fall in Profits

Axiscades Technologies Limited is a technology solutions company focussing on engineering solutions and services.

Financial Results:

AXISCADES Technologies Ltd reported Revenues for Q2FY24 of ₹252.00 Crores up from ₹196.00 Crore year on year, a rise of 28.57%.

Total Expenses for Q2FY24 of ₹237.00 Crores up from ₹171.00 Crores year on year, a rise of 38.6%.

Consolidated Net Profit of ₹11.00 Crores down 47.62% from ₹21.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.88, down 47.83% from ₹5.52 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Engineering
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