AXISCADES Technologies announced that the Board of Directors of the Company, at their meeting held on 15 January 2025, approved the appointment of Alfonso Martinez as its new `Group Chief Executive Officer and Managing Director`, effective 20 January 2025. With over 25 years of global experience in Engineering and Technology services, Alfonso Martinez has consistently demonstrated his ability to lead complex, multidisciplinary teams and drive transformative growth. He joins AXISCADES at a pivotal time as the company aims to expand its global footprint and enhance its position as a Leader in Engineering Services, Defense and Deep Tech. Powered by Capital Market - Live News

AXISCADES Technologies announced that Arun Krishnamurthi (DIN: 09408190) has submitted his resignation as Chief Executive Officer & Managing Director of the Company, vide letter dated 02 January 2025. Powered by Capital Market - Live News

Net profit of AXISCADES Technologies rose 11.11% to Rs 12.30 crore in the quarter ended September 2024 as against Rs 11.07 crore during the previous quarter ended September 2023. Sales rose 5.12% to Rs 264.33 crore in the quarter ended September 2024 as against Rs 251.46 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales264.33251.46 5 OPM %12.5914.63 - PBDT29.0326.29 10 PBT19.0917.59 9 NP12.3011.07 11 Powered by Capital Market - Live News

AXISCADES Technologies will hold a meeting of the Board of Directors of the Company on 12 November 2024.Powered by Capital Market - Live News

AXISCADES Technologies has announced the appointment of Dr. Sampath Ravinarayanan as a Non-Executive Director on its Board. Dr. Ravinarayanan, who is a prominent figure in the Indian aerospace and defence sector, has an extensive and distinguished career spanning over four decades in the industry. He previously served as the CEO and Chairman of AXISCADES Technologies Ltd. until 2014, where he was instrumental in securing and implementing the Airbus Fuselage Development Centre contract. During his tenure, he also successfully spearheaded the Mirage2000 midlife extension project in collaboration with Thales International and MBDA, France. He also founded Microcon Instruments and Systems in 1983, which became one of the first private companies in India to participate in defence programs.Powered by Capital Market - Live News