Axiscades Technologies Q4 Results Live : profit falls by 45.37% YOY

Axiscades Technologies Q4 Results Live : Axiscades Technologies announced their Q4 results on 20 May, 2024, revealing a 14.52% increase in revenue and a significant 45.37% decrease in profit compared to the same quarter last year.

The company also reported a 10.44% revenue growth and a 17.24% profit increase when compared to the previous quarter.

However, the Selling, general & administrative expenses saw a 1.77% increase quarter-on-quarter and a substantial 57.97% increase year-on-year.

Similarly, the operating income showed a positive 9.94% growth from the previous quarter but a notable 38.83% decline from the same quarter last year.

The earnings per share (EPS) for Q4 were reported at ₹1.95, reflecting a significant 53.25% decrease year-on-year.

In terms of returns, Axiscades Technologies delivered -9.15% in the last 1 week, -3.33% in the last 6 months, and -15.31% year-to-date.

The company currently holds a market capitalization of ₹2264.57 Cr with a 52-week high/low of ₹850 & ₹346.05 respectively.