Exicom Tele-Systems reported strong Q2 FY26 revenue growth.

Standalone revenue surged 53.6% year-on-year to 228.4 Cr, while consolidated revenue jumped 83.7% year-on-year to 281.7 Cr.

The Critical Power segment saw revenue rise significantly (Standalone +53% YoY, Consolidated +59% YoY), driven by BharatNet project execution and a robust order backlog.

The EV Charger segment also achieved strong growth (Standalone +55% YoY, Consolidated +141% YoY), fueled by new EV models and e-bus adoption.

The company's new Hyderabad manufacturing plant is nearing completion, with trial production set for November, boosting future capacity.

This expansion, coupled with increased exports and a focus on green power solutions, forms a key growth strategy.

Recent wins include large Li-ion battery orders and significant EV charger deployments for defense and bus hubs.

A Rights Issue of 259.41 Cr in July’25 strengthened the balance sheet by reducing debt.

Standalone profit stood at 5.9 Cr, with management expecting sustained EBITDA improvement.

However, consolidated profit was -68.8 Cr, primarily due to losses from Tritium.

Management views Tritium as a strong long-term growth driver, supported by its new financing structure, even as its near-term losses impact overall results.