Axis Solutions Limited reported a significant turnaround in profitability for the first quarter of FY27, with standalone net profit rising 65% year-on-year to ₹3.65 crore. The Ahmedabad-based industrial automation and engineering firm posted revenue from operations of ₹486.71 crore for the quarter ended June 30, 2026, a 77% increase compared to ₹274.28 crore in Q1FY26. This growth trajectory underscores the company’s operational recovery following its earlier corporate restructuring under the Insolvency and Bankruptcy Code.

The Board of Directors approved the unaudited standalone and consolidated financial results on July 31, 2026, in compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, M/s. Chandabhoy & Jassoobhoy, Chartered Accountants, as per Standard on Review Engagement (SRE) 2410.

Financial Performance

Standalone profit before tax stood at ₹41.75 crore, up from ₹22.09 crore in the corresponding quarter of the previous year. Total comprehensive income was recorded at ₹3.65 crore. On a consolidated basis, net profit attributable to owners of the company rose sharply to ₹37.06 crore from ₹20.33 crore in Q1FY26. Consolidated revenue from operations reached ₹489.88 crore, reflecting robust demand across its core segments.

Consolidated net profit figures represent amounts attributable to owners of the company.

Segment-Wise Breakdown

The Industrial Engineering & Systems segment remained the primary revenue driver, contributing ₹285.66 crore to standalone revenues, a substantial jump from ₹78.69 crore in Q1FY26. The Water segment also saw strong growth, with revenues rising to ₹128.21 crore from ₹152.83 crore. Automation and Digitalisation revenues increased to ₹72.84 crore from ₹42.76 crore. Segment-wise operating results (EBITDA) improved across all verticals, with Industrial Engineering & Systems posting an EBITDA of ₹30.79 crore.

Corporate Governance and Shareholder Updates

In other key developments, the Board approved the re-appointment of M/s. Chandabhoy & Jassoobhoy, Chartered Accountants (Firm Registration No. 101648W), as Statutory Auditors for a second term of five consecutive years, subject to shareholder approval at the ensuing Annual General Meeting. The firm, established in 1981, has no disclosed relationships with the company’s directors.

The Board also recommended the re-appointment of Mr. Anand Shah (DIN: 09567072), who retires by rotation, for another term as Director. Mr. Shah brings over 25 years of experience in instrumentation and control engineering.

Dividend and AGM Details

The record date for determining shareholders eligible to receive the final dividend for FY26, if declared, has been fixed as September 12, 2026. The Register of Members and Share Transfer Books will remain closed from September 13, 2026, to September 19, 2026. The 41st Annual General Meeting is scheduled for September 19, 2026, via Video Conferencing/Other Audio-Visual Means. Remote e-voting will be available from September 16, 2026, at 09:00 AM IST to September 18, 2026, at 05:00 PM IST.

Axis Solutions Limited has scheduled a conference call for Wednesday, August 5, 2026, at 4:00 PM IST to discuss its financial performance for the first quarter of fiscal year 2027 (Q1 FY27). The announcement provides investors and analysts with a direct platform to interact with management regarding the company’s latest operational and financial outcomes. This engagement follows standard disclosure practices aimed at ensuring transparency in post-result communication.

The conference call was notified to BSE Limited on August 2, 2026, in compliance with Regulation 30 and Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Axis Solutions Limited, formerly known as Asya Infosoft Limited, holds the CIN L43212GJ1985PLC029849 and operates from its registered office in Kathwada GIDC, Ahmedabad, Gujarat.

Key Speakers

The following executives are scheduled to participate in the discussion:

Dr. Bijal Sanghvi, the Managing Director, signed the notification letter dated August 2, 2026. The company’s stock trades on the Bombay Stock Exchange under the scrip code 511144.

Investor Access

Finportal has been appointed to host the virtual event. Investors are invited to register through the designated platform to join the session. The primary purpose of the call is to provide a forum for stakeholders to review the Q1 FY27 results and seek clarification on the company’s strategic outlook. No specific financial metrics were disclosed in the initial filing notice; detailed figures are expected to be presented during the live interaction.