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AXISCADES registers highest ever quarterly revenue of INR 2,515 Mn and completes acquisition of add solution GmbH
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AXISCADES Technologies net profit grows 50 7 per cent YoY to Rs 16 cr in Q4
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Bangalore (Karnataka) [India], February 13 (ANI/PRNewswire): AXISCADES Technologies Ltd. (BSE: 532395) (NSE: AXISCADES), a leading end-to-end engineering and technology solutions provider, catering to Aerospace, Defence, Heavy Engineering, Automotive, Energy, Medical & Healthcare sectors, serving Global OEMs, today announced results for the quarter ended Dec 31, 2022. Key Operational Highlights: - The company was awarded an enhanced contract by Airbus for the fourth time, continuing the long-standing relationship with Airbus for niche engineering services in the aerospace sector - Completed the acquisition of Mistral Solutions Private Ltd., a leader in Semiconductor, Embedded Electronics, Defence and Product Engineering capabilities. The acquisition, which was initiated in the year 2017, was executed over 4 phases at an aggregate acquisition cost of INR 296 crores Commenting on the performance, David Bradley, Chairman of AXISCADES said: "We are delighted by the momentum built