Exicom Tele-Systems Limited has informed the Exchange regarding Board meeting held on February 13, 2026.
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Exicom Tele-Systems' board met on February 13, 2026 and approved its unaudited financial results for Q3 and nine months ended December 31, 2025. Standalone revenue from operations grew strongly to Rs. 23,368 lakhs in Q3 (vs Rs. 14,770 lakhs a year ago) and the company swung to a small standalone profit of Rs. 350 lakhs from a loss of Rs. 975 lakhs last year. On a consolidated basis, however, revenue rose to Rs. 27,673 lakhs but the company reported a wider loss of Rs. 6,787 lakhs for the quarter and Rs. 21,981 lakhs for nine months, mainly dragged by its loss-making EV charger subsidiary Tritium (which alone lost Rs. 7,109 lakhs in Q3). The board also approved managerial remuneration for MD/CEO Anant Nahata and Whole-time Director Vivekanand Kumar, subject to shareholder approval via a postal ballot. The results include one-off exceptional charges of Rs. 86 lakhs linked to the new Labour Codes and prior VRS/restructuring costs.
Standalone operations are turning around with healthy revenue growth and a return to profit, which is positive. However, the consolidated picture remains heavily in the red due to the Tritium business, so investors should expect continued pressure on group-level profitability. The postal ballot on managerial pay could draw shareholder attention given the ongoing losses at the consolidated level.