AXISCADES Technologies Reports Strong Q4 Results with Record Sales and Improved Profitability

Feb 01 2025 08:17 AM IST
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AXISCADES Technologies has reported strong financial results for the quarter ending December 2024, highlighted by a significant operating profit to interest ratio of 5.54 times. Key metrics include a profit before tax of Rs 22.28 crore, record net sales of Rs 274.53 crore, and a low debt-equity ratio of 0.42 times.
AXISCADES Technologies, a small-cap player in the IT software industry, has reported very positive financial results for the quarter ending December 2024. The company has experienced a notable adjustment in its evaluation, with its score rising significantly over the past three months.

Key highlights from the financial results include a remarkable operating profit to interest ratio, which stands at 5.54 times, indicating an enhanced ability to manage interest payments. The profit before tax, excluding other income, reached Rs 22.28 crore, reflecting substantial growth compared to the average of the previous four quarters. Additionally, net sales hit a record high of Rs 274.53 crore, showcasing a strong sales trend.

The operating profit also reached its peak at Rs 40.41 crore, with an operating profit margin of 14.72%, suggesting improved efficiency within the company. Furthermore, the profit after tax has shown a significant increase, growing to Rs 15.78 crore. The debt-equity ratio has also reached its lowest point at 0.42 times, indicating a reduction in borrowing relative to equity capital.

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