Exicom Opens FY27 With Order Wins Across Both Businesses As Revenue Grows Sharply Year on Year

On a consolidated basis, revenue grew 61% to ₹331 crore, with the EBITDA loss narrowing to ~₹22 crore from ~₹39 crore last year. A quarter that moved the year forward, with margin still to follow. Measured against the same quarter last year, both businesses grew strongly and consolidated losses narrowed.

Revenue and profitability, however, declined sequentially from Q4 FY26, as is usually the case in the first quarter. Most of the gap is visible in the consolidated gross margin—31.7% against 39.4% a year ago—and a bulk of this can be attributed to the external cost environment including exchange rate volatility and input cost pressures owing to key component prices.