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EV stock hits 10% lower circuit after its net profit declines by 25.42% in Q3

Leading telecom company reported a 25.42% decline in net sales for Q3 FY25, widening its net loss to ₹48.97 crore. EBITDA turned negative, reflecting operational challenges in the telecom sector.
EV stock hits 10% lower circuit after reporting a 25.42% decline in net profit for Q3.
EV stock hits 10% lower circuit after reporting a 25.42% decline in net profit for Q3.

Introduction:

Leading telecom company reports a sharp decline in Q3 FY25 performance, with net sales dropping by 25.42%. The company also posted a significant net loss of ₹48.97 crore and negative EBITDA, reflecting operational challenges in the telecom sector.

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Share price movement of Exicom Tele-Systems:

On February 6, 2025, Exicom Tele-Systems Ltd opened at ₹219.70, down 10.00% from its previous close of ₹244.10. The stock reached a high of ₹228.50 (6.36%) and a low of ₹219.70. By 11:50 AM, it traded at ₹219.70, a 10.00% decrease, with a market cap of ₹2,654.51 crore.

Exicom Tele-Systems Reports Q3 Results:

Exicom Tele-Systems reported a decline in net sales, totaling ₹196.63 crore in Q3 FY25, a 25.42% decrease compared to ₹263.65 crore in Q3 FY24. This sharp drop reflects the challenges faced in the telecom sector.

The company also reported a substantial quarterly net loss of ₹48.97 crore, up 644.84% from ₹8.99 crore in Q3 FY24. The significant increase in loss indicates a major setback in the company’s profitability during the quarter.

EBITDA for the quarter stood at a negative ₹24.92 crore, marking a 176.28% decline from ₹32.67 crore in Q3 FY24. This negative performance highlights the operational difficulties and margin pressures the company faced in the reporting period.

Recent news on Exicom Tele-Systems:

As of January 08, 2025, Exicom Tele-Systems Ltd announced a strategic partnership with Mufin Green Infra Ltd to advance India’s EV charging infrastructure. The collaboration will provide end-to-end solutions, including hardware manufacturing, software integration, and supporting stakeholders in the EV ecosystem.

Stock performance of Exicom Tele-Systems for Period of 1 week, 1 month and 6 months:

Exicom Tele-Systems Ltd has seen a positive return of 3.14% over the past week and 2.49% over the past month. However, the company experienced a significant 42.4% decline over the last six months, reflecting challenges in the long term.

Also Read: Defence stock jumps after it partners with Redon Systems for automatic landing module systems

Shareholding pattern of Exicom Tele-Systems:

All values in %Dec 2024Sep 2024Jun 2024
Promoter69.60%69.60%69.60%
FII0.70%1.00%1.00%
DII6%6.50%8.50%
Public24.00%23.00%20.90%
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About Exicom Tele-Systems:

Exicom Tele-Systems Ltd (NSE: EXICOM), established in 1994, manufactures EV chargers and critical power components like rectifiers and AC to DC converters. The company also offers energy storage solutions, enabling sustainable energy transition across India with a service network in 450+ cities.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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