BPO/KPO company AXISCADES Technologies announced Q2FY25 results Revenue Rs 264 crore; up 18.4% QoQ. Total order book at USD 89 Mn up 17% QoQ. EBITDA at Rs 33 crore; up 74% QoQ on adjusted EBITDA. EBITDA Margins at 12.4%; expanded 400bps QoQ on adjusted EBITDA. PAT at Rs 12 crore; up 20% QoQ on adjusted PAT. Q2 Defence order intake Rs 121 crore. Net Debt at Rs 55 crore. Cash, bank and liquid investments at Rs 125 crore. Arun Krishnamurthi, CEO & MD of AXISCADES, said: “For Q2FY25, the company achieved resilient performance, with sales revenue of Rs 264 crore, recording 18% sequential growth. This was complemented by an EBITDA of Rs 33 crore and a PAT of Rs 12 crore, reflecting strong operational efficiency, despite macroeconomic challenges in certain verticals. This performance underscores our ability to navigate a dynamic market environment, while delivering value to our stakeholders. The revenue growth was driven both by Digital Engineering Services and Defence. In engineering services, Aerospace segment demonstrated a robust 19% YoY growth. Defence revenues grew by a healthy 73% QoQ, with Defence production revenues surging by 84% QoQ, bolstered by a significant order backlog set for execution in fiscal years 2025 & 2026. With a healthy pipeline and focused approach, over the next 12-18 months, we aim the defence revenue to reach around 60% of the overall company’s revenue. However, automotive vertical continues to face macro challenges, which adversely impacted revenue and margins in the second quarter. With second largest outsourced ER&D; spend in automotive, we are bullish on this vertical returning to growth in early FY26. We remain committed and confident of addressing these challenges and will continue to focus on strengthening the business to achieve sustainable growth & profitability”. Result PDF