AXISCADES targets $1bn revenue by 2030

AXISCADES Technologies Limited reported Q1 FY26 consolidated revenue of INR 244 crores, up 9% year-on-year, with profit after tax rising 25% to INR 21 crores. Core domains grew 17% year-on-year, while normalized EBITDA margins improved from 13.5% to 18.6%.

The company targets over 40% year-on-year growth, backed by an order book of INR 1,260 crores for FY26 and INR 1,827 crores for FY27. AXISCADES reiterated its "Power 930" initiative, aiming for INR 9,000 crores ($1 billion) revenue by 2030.

Full-year FY26 guidance includes around 25% revenue growth and 300 basis points EBITDA improvement.