# AXISCADES shares fall as Q1 loss reflects transition costs 2026-08-15T02:55:40+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet AXISCADES Technologies shares fell 1.92% to Rs 1,500 on the NSE on Friday after the aerospace and defence technology company reported a June-quarter loss. Revenue reached a record Rs 346.7 crore, up 42.2% year-on-year, but profit after tax turned into a loss of Rs 14.8 crore from a profit of Rs 20.9 crore a year earlier. The company attributed the loss to Rs 21.81 crore in deal costs linked to the proposed sale of its engineering services business to Akkodis, along with provisions, hedge-unwinding charges and hiring costs. Normalised PAT was Rs 20.2 crore. Defence revenue more than doubled to Rs 125 crore, while forecast visibility stood at Rs 4,557 crore. ## Coverage - thehindubusinessline.com Tags: Akkodis, AXISCADES Technologies, defence, NSE Canonical: https://indianopinion.org/axiscades-shares-fall-as-q1-loss-reflects-transition-costs/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/axiscades-shares-fall-as-q1-loss-reflects-transition-costs/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.