AXISCADES Technologies Q2 FY27 Financial Results:

AXISCADES DHARMESH BHATT (Research Analyst) SEBI Registration No. INH000009685 ---- Key Financial Highlights ----- Consolidated Revenue from Operations:Q2 FY27: ₹19,559.58 lakhs (continuing operations) H1 FY27: ₹37,894.66 lakhs (continuing operations) -- Segment Revenue Breakdown (Q2 FY27):--- Defence Segment (Continuing): ₹13,459.08 lakhsTechnology Services and Solutions (Continuing): ₹6,100.50 lakhsDiscontinued Operations (Heavy Engineering, Auto, Energy): ₹16,351.09 lakhsNet Profit / Loss:Consolidated Profit for the Period: ₹4,730.27 lakhs (including discontinued operations)Continuing Operations Loss: ₹4,812.43 lakhs (impacted by exceptional impairment charges)Discontinued Operations Profit: ₹9,542.70 lakhs (boosted by divestment gains) - Major Corporate Developments - Divestment of Non-Core Engineering Services : AXISCADES completed the transfer of control for its engineering services business serving heavy engineering, automotive, and energy industries to the Akkodis Group on September 30, 2026. This transaction yielded a significant exceptional gain of ₹14,083.74 lakhs at the consolidated level. The aerospace engineering services business transfer (structured via Master Framework Agreements) remains in progress following shareholder approval. - Strategic Acquisition in Precision Engineering:During the quarter, the company acquired a 90% stake in Cloud Wave Technologies Private Limited and its subsidiaries for a fixed purchase consideration of ₹20,564.50 lakhs. Cloud Wave contributed ₹1,708.58 lakhs in revenue post-acquisition. Read Disclaimer/Disclosure : click to link *****