EV stock engaged in designing, manufacturing, and servicing DC Power systems and Li-ion-based energy storage solutions in focus upon declaring its Q1FY25 results with an 89 percent jump in Net Profits.
Price Action
With a market capitalization of Rs. 4,849 Crores, the shares of Exicom Tele-systems Limited hit a 5 percent lower circuit at Rs. 401.35 per equity share, from its previous day’s close price of Rs. 422.45.
Q1FY25 Results
Its Revenue from operations declined by 5 percent YoY from Rs. 264.95 Crores in Q1FY24 to Rs. 252.08 Crores in Q1FY25 and it declined by 16 percent QoQ from Rs. 300.90 Crores in Q4FY24 to Rs. 252.08 Crores in Q1FY25.
Its Net Profit grew by 89 percent YoY from Rs. 9.63 Crores in Q1FY24 to Rs. 18.24 Crores in Q1FY25 and it declined by 34 percent QoQ from Rs. 27.46 Crores in Q4FY24 to Rs. 18.24 Crores in Q1FY25. Its Net Profit Margin increased from 3.58 percent in Q1FY24 to 7 percent in Q1FY25.
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About the Company
Exicom Tele-Systems Limited is a power management solutions provider that designs, manufactures, and services DC Power systems and Li-ion-based energy storage solutions. It provides overall energy management solutions at telecommunication sites in India and overseas. It has over 4500+ DC chargers successfully installed, across major key points some of its major clients are Hero Vida, Ather Energy, and many others.
In the critical power segment, it has a market share of 16 percent in the DC power Systems and 10 percent in the Li-ion Battery applications for the telecom sector market. The business spans India, Southeast Asia, and Africa. It has a market share of 60 percent and 25 percent in the residential and public charging segments.
Written by: Bharath K.S
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