Aerospace & Defence company AXISCADES Technologies announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: Revenue from continuing operations for Q1FY27 stood at Rs 18,335.08 lakh, representing a YoY growth of 94.17% compared to Rs 9,442.90 lakh in Q1FY26 and a QoQ growth of 68.41% from Rs 10,887.31 lakh in Q4FY26. Total Income: Total income from continuing operations reached Rs 18,585.58 lakh in Q1FY27, an increase of 82.24% YoY from Rs 10,198.57 lakh in Q1FY26 and an increase of 67.88% QoQ from Rs 11,071.07 lakh in Q4FY26. Loss Before Tax: The company reported a loss before tax from continuing operations of Rs (644.82) lakh in Q1FY27, compared to a profit of Rs 310.60 lakh in Q1FY26 and a loss of Rs (2,042.77) lakh in Q4FY26. Net Profit / Loss: Total loss for the period (inclusive of discontinued operations) was Rs (1,475.96) lakh in Q1FY27, versus a profit of Rs 2,086.00 lakh in Q1FY26 and a profit of Rs 41.36 lakh in Q4FY26. Net Profit Attributable to Owners: Net loss attributable to the owners of the company was Rs (1,483.32) lakh in Q1FY27, as against a profit of Rs 2,074.85 lakh in Q1FY26 and Rs 42.80 lakh in Q4FY26. Earnings Per Share (EPS): Basic and diluted EPS for the period stood at Rs (3.49) in Q1FY27, compared to Rs 4.88 in Q1FY26 and Rs 0.10 in Q4FY26. Standalone Financial Highlights: Revenue from Operations: Standalone revenue from continuing operations was Rs 611.01 lakh in Q1FY27, while no revenue was reported in the corresponding periods of Q1FY26 or Q4FY26. Total Income: Standalone total income from continuing operations reached Rs 737.28 lakh in Q1FY27, marking a significant YoY growth of 519.56% from Rs 119.00 lakh in Q1FY26 and a QoQ increase of 509.22% from Rs 121.02 lakh in Q4FY26. Loss Before Tax: Standalone loss before tax from continuing operations was Rs (1,111.30) lakh in Q1FY27, compared to a loss of Rs (1,421.52) lakh in Q1FY26 and a loss of Rs (2,637.74) lakh in Q4FY26. Total Comprehensive Income: Standalone total comprehensive loss for the period was Rs (907.21) lakh in Q1FY27, versus a profit of Rs 278.37 lakh in Q1FY26 and a loss of Rs (26.14) lakh in Q4FY26. Business Highlights Segment Wise Performance (Combined Continuing & Discontinued): Technology Services and Solutions: The segment reported combined revenue of Rs 22,163.56 lakh in Q1FY27, reflecting a YoY increase of 20.02% from Rs 18,466.26 lakh in Q1FY26. Defence: This segment (all continuing operations) recorded revenue of Rs 12,498.90 lakh in Q1FY27, a YoY growth of 111.55% compared to Rs 5,908.31 lakh in Q1FY26. Segment Profitability (Continuing Operations): Technology Services and Solutions: Reported a segment profit of Rs 277.40 lakh in Q1FY27, representing a turnaround from a loss of Rs (537.37) lakh in Q1FY26. Defence: Segment results stood at Rs 277.81 lakh in Q1FY27, down from Rs 1,040.66 lakh in Q1FY26. Discontinued Operations and Divestment: The company has entered into agreements with the Akkodis Group for the disposal of several engineering services businesses. This includes a slump sale of engineering services for heavy engineering, automotive, and energy sectors for a fixed consideration of USD 23.23 million, and a business transfer of aerospace engineering services for USD 152.35 million. These businesses are classified as disposal groups held for sale as of June 30, 2026. Exceptional Item Attribution: During the quarter, a previously recognized exceptional charge relating to the new Labour Codes was attributed to continuing operations (Rs 279.40 lakh) and discontinued operations (Rs 502.74 lakh for FY26) based on underlying obligations. Internal Auditor Appointment: M/s. Protiviti India Member Private Limited has been appointed as the Internal Auditor of the company for FY27. Board Committee Reconstitution: The Board approved the reconstitution of several committees, including the Audit Committee, Nomination & Remuneration Committee, Stakeholder Relationship Committee, and Risk Management Committee. Result PDF