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Exicom Opens FY27 with Order Wins Across Both Businesses as Revenue Grows Sharply Year on Year

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Standalone revenue up ~57% YoY, EBITDA more than doublesConsolidated EBITDA loss narrower YoY; margin under pressure

NEW DELHI, Aug. 10, 2026 /PRNewswire/ — Exicom Tele-Systems Limited (BSE: 544133) (NSE: EXICOM), one of India’s leading EV charging and critical power companies, today announced its financial results for the first quarter of FY27. Standalone revenue rose ~57% year on year to ₹237 crore and EBITDA more than doubled to ~₹21 crore, lifting the EBITDA margin for Q1 to 8.8%. 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. 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. We are addressing it at source, building resilience into our supply chain. Underneath the quarterly numbers, both businesses built a strong order book.

EV Charging: A Quarter Spent Winning the Year’s Business

India’s EV market marked a pivotal moment this quarter, crossing 80,000 electric four-wheeler sales for the first time. A market of that size gives Exicom a materially larger base to sell into, across home charging and the public networks operators build. On the AC side, Exicom recorded a YoY growth of 35% in Q1 FY27. DC sales ran softer, as the first quarter is when charging network operators set budgets and plan sites. Exicom’s India EV business grew revenue 15% year-on-year, and order booking stayed healthy. Some of the key business highlights are captured below:

On AC charging, Exicom became sole supplier of 7.4 kW units to a leading carmaker. The company strengthened its flagship Spin Air AC charging portfolio with the launch of an AI-chatbot – SpinWise and a new generation of its Spin Control app which now has public charger discoverability, real-time tracking and seamless support. Looking ahead, with EV makers forecasting much higher volumes owing to the market buoyancy, Exicom is working towards doubling its AC line capacity starting Q3.Across public charging, Exicom brought on fifteen new charge point operators, securing orders for over 180 DC chargers with Bus/Truck OEMs and Charging Network operators till October 2026. Exicom also renewed its long-term partnership with a leading e-trucking company.On the product side, Exicom introduced Slim DC chargers; sub-100 kW DC charging for dense commercial spaces. These Slim series chargers are enabled with smart tech features like Ring Topology which enables inter-charger power sharing to maximize efficiencies and throughputs.In exports, Exicom expanded its global footprint with orders from ten new countries, widening the base, while maintaining steady momentum across Southeast Asia and Middle East markets. The company also undertook extensive product development efforts, building an end-to-end ecosystem for selling custom-built and certified AC and DC chargers in specific European markets.

Tritium: Order Intake Steps Up as Next-Generation Products Reach Customers

Tritium recorded a revenue of USD 10.3 million and 508 charger sales in the current quarter. The next phase of Tritium’s progress is now showing in its order book. During the quarter the business booked USD 20.8 million in orders, roughly double the previous quarter. Its newest high power charging system TRI-FLEX is under lab validation with the largest open public charging network in the US and on the power side, the first GRID-FLEX system started to operate at a hyperscale customer in June 2026. These developments, together with a strengthening order book, should support meaningful scale from Q2 FY27 onwards and keep Tritium on track for EBITDA breakeven in Q4 FY27.

Critical Power: A Quarter That Built the Order Book

Critical Power revenue grew 80% year on year, carried largely by 5G site expansion by leading telcos and Bharat Net Phase 3, where Exicom holds over 60% wallet share. Company’s Battery Energy Storage Systems (BESS) portfolio which consists of solutions up to 300 kWh for home and C&I segment also added 14 customers and close to ₹20 crore bookings in Q1, an early base we expect to scale in FY27. Export markets continued to perform well with Africa and the Middle East contributing to 8% of revenues.

Remarking on the performance, Anant Nahata, Managing Director and CEO, Exicom, said: “Against the same quarter last year this is a stronger business. The Q1 revenue trajectory materialised as planned, however, cost pressure took more out of margins than what we anticipated. Looking at FY27, we are excited to see the EV market expand beyond its current shape and form. I am confident about the year ahead, and that confidence comes from where both our businesses now sit, with more customers, more geographies, a deeper order book, and commitments that deliver through FY27.”

₹ Crore

Standalone

Consolidated

Q1 FY27

Q4 FY26

Q1 FY26

Q1 FY27

Q4 FY26

Q1 FY26

Revenue

236.8

282.1

150.7

331.0

387.9

205.3

EBITDA

20.9

29.9

8.8

(21.9)

0.27

(38.6)

EBITDA%

8.8 %

10.6 %

5.8 %

(6.6 %)

0.1 %

(18.8 %)

PAT

4.9

11.9

(7.7)

(73.5)

(54.3)

(83.1)

About Exicom:

Exicom is one of India’s leading EV charging and Critical Power solutions manufacturer, present across the entire EV charger value chain with a host of products across both AC & DC charger segments and is spearheading India’s transition to sustainable transportation while ensuring the smooth functioning of critical infrastructure. With a wealth of expertise across its divisions, Exicom’s critical power solutions serve as the backbone of communication networks, delivering uninterrupted power supplies crucial for telecom infrastructure. With a footprint spanning India, Southeast Asia, Middle East, US, Europe and over 200,000 chargers sold worldwide, Exicom is at the forefront of shaping the global EV charging landscape.

Certain statements in this release may be forward-looking statements within the meaning of applicable securities laws and regulations. Actual results may differ materially from those expressed or implied depending upon economic conditions, government policies and other incidental factors.

 

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SonicWall Earns Clean Sweep of 2026 CRN Annual Report Card Awards in Network Security – Enterprise Category

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August 10, 2026

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MILPITAS, Calif., Aug. 10, 2026 /PRNewswire/ — SonicWall today announced it earned a clean sweep of the 2026 CRN® Annual Report Card (ARC) Awards in the Network Security – Enterprise category from CRN®, a brand of The Channel Company. SonicWall was named the overall winner of the category and also earned top honors in all subcategories: Product Innovation, Support, Partnership, and Managed & Cloud Services.

Among the IT channel’s most respected honors, the CRN Annual Report Card (ARC) Awards recognize technology vendors that excel in supporting and empowering their partner communities. Award winners are chosen based on direct feedback from solution providers, who evaluate vendors on the strength of their channel programs, partner experience, product innovation, and commitment to building successful, long-term partnerships.

“To lead not just the overall category, but to have the highest average score in every single subcategory, is proof our partners recognize not only the innovation in network security SonicWall delivers, but also the investment we’ve made in their success,” said Chandro Prasad, Chief Product Officer at SonicWall. “It is a humbling recognition from the partners we work with every day. Sweeping every subcategory isn’t a coincidence; it’s validation that the direction we’ve been building toward is the right one, and one we intend to keep pushing on.”

Based on thousands of solution provider evaluations collected across North America, the CRN Annual Report Card (ARC) Awards recognize the technology vendors that deliver exceptional value to their channel partners.

“As a former partner of SonicWall, it doesn’t surprise me that we swept every subcategory this year,” said Jonathan Berger, Global Channel Chief at SonicWall. “I saw firsthand the level of support and partnership SonicWall brings to the table in Product Innovation, Support, Partnership, and Managed & Cloud Services. I couldn’t be prouder and more honored, to be part of the team delivering this incredible achievement.”

Honoring excellence across 23 technology categories, the awards highlight leadership in product innovation, support, partnership, and managed and cloud services. ARC winners stand out for their commitment to helping solution providers grow, compete, and succeed.

“The CRN Annual Report Card Awards honor technology vendors that set the standard for channel excellence,” said Jennifer Follett, VP, U.S. Content and Executive Editor, CRN, The Channel Company. “Selected based on direct feedback from solution providers, this year’s winners have demonstrated exceptional commitment to innovation, partnership, and enabling partner success. We congratulate the 2026 ARC Award winners for earning the trust and recognition of the channel community through their continued leadership and dedication.”

Coverage of the CRN 2026 ARC winners can be found online at www.CRN.com/ARC. Award winners were spotlighted during The Channel Company’s XChange August 2026 conference.

To learn more, visit SonicWall at www.sonicwall.com. 

About SonicWall
SonicWall is a partner-first unified cybersecurity portfolio that helps SMBs, MSPs, and IT teams consolidate network, endpoint, cloud, and threat response across hybrid environments. For more than 30 years, SonicWall has championed a partner-first model that combines purpose-built technology, cloud-delivered security services and real-time threat intelligence to help businesses prevent breaches, reduce risk and stay operational in the face of evolving modern threats. We are committed to deliver the best security outcomes for our customers where others deliver features and functions. Through its unified cybersecurity portfolio and global community of over 17,000 partners, SonicWall enables managed service providers to actively manage, continuously optimize and measurably protect networks, cloud environments, endpoints and applications. The company is redefining cybersecurity around outcomes that matter to business leaders, including breach prevention, compliance achievement, cost efficiency and reduced human error, because protection is not about what a product can do but about what it actually delivers.

About The Channel Company 

The Channel Company (TCC) is the global leader in channel growth for the world’s top technology brands. We accelerate success across strategic channels for tech vendors, solution providers, and end users with premier media brands, integrated marketing and event services, strategic consulting, and exclusive market and audience insights. TCC is a portfolio company of investment funds managed by EagleTree Capital, a New York City-based private equity firm. For more information, visit thechannelco.com.

Follow The Channel Company: LinkedIn and X

© 2026 The Channel Company, Inc. The Channel Company logo is a registered trademark of The Channel Company, Inc. All other trademarks and trade names are the properties of their respective owners. All rights reserved.

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Scale Computing, Inc. Honored With CRN 2026 Annual Report Card (ARC) Award

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August 10, 2026

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Solution Providers Rank Scale Computing as the Top Performer in Hybrid Cloud Infrastructure for Eighth Consecutive Year

AUSTIN, Texas, Aug. 10, 2026 /PRNewswire/ — Scale Computing, the leader in edge computing and network solutions, today announced the company has earned a 2026 CRN Annual Report Card (ARC) Award in the Hybrid Cloud Infrastructure category from CRN®, a brand of The Channel Company. This is the eighth consecutive year Scale Computing has been recognized as a CRN ARC Award winner, and the company once again swept all subcategories, including Product Innovation, Support, Partnership, and Managed & Cloud Services.

Among the IT channel’s most respected honors, the CRN Annual Report Card (ARC) Awards recognize technology vendors that excel in supporting and empowering their partner communities. Award winners are chosen based on direct feedback from solution providers, who evaluate vendors on the strength of their channel programs, partner experience, product innovation, and commitment to building successful, long-term partnerships.

“We’re honored to be recognized with a CRN ARC Award for the eighth year in a row, winning the Hybrid Cloud Infrastructure category and sweeping all subcategories,” said Kyle Fenske, global channel chief, Scale Computing. “Scale Computing solutions are built to run and protect critical applications with operational simplicity and high availability, from the core data center to the most distributed edge locations. The CRN ARC Award recognition reaffirms that Scale Computing is the number one solution for Hybrid Cloud Infrastructure.”

Scale Computing brings compute, centralized management, networking, and security together under one vendor, greatly reducing risk, operating costs, and complexity. Scale Computing has new purpose-built solutions that streamline edge operations, including:

SC//AcuVigil™ managed network solutions pair 24/7 network operations support with self-service visibility and control, giving multi-site operators a unified way to monitor, troubleshoot, secure, and optimize every connection across their network.SC//Connect™ secure SD-WAN solutions deliver cloud-native SD-WAN and SASE solutions that simplify WAN management and boost performance, security, and reliability across the enterprise.SC//HyperCore™ virtualization suite integrates software, servers, and storage into a fully unified virtualization suite, saving organizations time and resources.SC//Reliant™ Edge Computing as a Service is a hardware- and cloud-agnostic, API-capable edge platform that empowers multi-site businesses to manage applications, networks, and security at scale, without added complexity or overburdened IT teams.

Based on thousands of solution provider evaluations collected across North America, the CRN ARC Awards recognize the technology vendors that deliver exceptional value to their channel partners. Honoring excellence across 23 technology categories, the awards highlight leadership in product innovation, support, partnership, and managed and cloud services. ARC winners stand out for their commitment to helping solution providers grow, compete, and succeed.

“The CRN Annual Report Card Awards honor technology vendors that set the standard for channel excellence,” said Jennifer Follett, VP, U.S. Content and Executive Editor, CRN, The Channel Company. “Selected based on direct feedback from solution providers, this year’s winners have demonstrated exceptional commitment to innovation, partnership, and enabling partner success. We congratulate the 2026 ARC Award winners for earning the trust and recognition of the channel community through their continued leadership and dedication.”

Coverage of the CRN 2026 ARC winners can be found online at www.CRN.com/ARC. To learn more about the award-winning Scale Computing edge computing and network solutions, please visit scalecomputing.com/products.

About Scale Computing, Inc.
Scale Computing, Inc. is the industry’s largest edge-first platform company, uniquely positioned to power the AI-driven future of distributed enterprises. Providing edge computing, managed network security, re-virtualization and hyperconverged solutions, Scale Computing delivers an integrated infrastructure that adapts and scales from one to 50,000 locations. Thousands of organizations around the world rely on Scale Computing to power critical applications with unparalleled ease. Scale Computing is backed by Oaktree Capital Management L.P., one of the world’s largest funds with over $200 billion in assets under management. For more information, visit www.scalecomputing.com. 

© 2026 Scale Computing, Inc. All rights reserved. Scale Computing is a trademark of Scale Computing, Inc. CRN is a registered trademark of The Channel Company, used with permission. All other marks are the property of their respective owners. 

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Finster AI secures investment from UBS to advance AI innovation in investment banking

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August 10, 2026

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Investment reflects a focus on AI-native infrastructure supporting research, advisory, and capital markets workflows

NEW YORK, Aug. 10, 2026 /PRNewswire/ — Finster AI, the AI intelligence layer for financial professionals, today announced a strategic investment by UBS Investment Bank as part of Finster’s Series B financing round, alongside FactSet.

The investment relates to the development of AI-native workflows, secure enterprise systems, and trusted data infrastructure to support financial institutions in areas such as research, analysis, and client service. 

Finster AI is an AI-native platform designed to support research, analysis, and content workflows across investment banking and asset management. Finster’s intuitive platform uses AI to integrate structured financial data, unstructured content, and institutional knowledge into unified workflows to generate faster, traceable insights, and enhance client engagement.

The proactive AI can create client-ready briefing decks, model companies and markets ahead of strategic transactions, and continuously monitor sectors for emerging trends, competitive activity, opportunities, and market-moving events. By accelerating research, surfacing relevant insights, and simplifying analysis, the platform allows users to increase productivity and unlock more revenue generating opportunities. 

Finster’s technology is being developed in collaboration with ecosystem partners including FactSet, whose AI for Banking platform provides a secure, unified environment for workflow automation and data-driven insight generation across investment banking and research teams.

Finster is designed to integrate with the internal and external data sources financial institutions rely on. Through FactSet’s AI for Banking platform, Finster brings financial data and analytics into AI-native workflows and connects seamlessly with widely used applications including Microsoft Excel and PowerPoint.

“UBS Investment Bank’s investment in Finster AI reflects our interest in technologies that support the continued evolution of investment banking workflows,” said Greg Peirce, Co-Head of Global Banking APAC and AI Business Sponsor. “AI and data infrastructure continue to advance across financial services, with potential applications in enhancing efficiency, transparency, and insight generation across advisory and capital markets activities.” 
The investment will support Finster’s continued development of enterprise-grade AI infrastructure tailored to investment banking use cases, including expanded workflow capabilities, deeper data integrations, and functionality designed for regulated environments.

“This investment from UBS Investment Bank, alongside FactSet reflects the growing importance of AI-native infrastructure in investment banking,” said Sid Jayakumar, CEO, Finster AI.

“We believe the next generation of banking workflows will be built on trusted data, secure AI infrastructure, and workflow-aware automation that enables faster, more transparent, and better-informed decision-making. Through FactSet’s AI for Banking platform, we are bringing those capabilities directly into the banking workflows where they can create the greatest impact.”

About Finster AI
Finster AI is an AI-native intelligence and agent orchestration platform purpose-built for investment banks, asset managers, and institutional investors. The platform helps financial institutions source, synthesize, and act on structured data, unstructured content, internal knowledge, and external market signals within existing workflows and tools. Led by experts from DeepMind, Meta, J.P. Morgan, and Morgan Stanley, Finster is building enterprise-grade AI infrastructure for the financial services industry.

About FactSet
FactSet (NYSE:FDS | NASDAQ:FDS) supercharges financial intelligence, offering enterprise data and information solutions that help our clients maximize their potential. Our cutting-edge digital platform seamlessly integrates proprietary financial data, client datasets, third-party sources, and flexible technology to deliver tailored solutions across the buy side, sell side, wealth management, private equity, and corporate sectors. With over 47 years of expertise, a presence in 20 countries, and extensive multi-asset class coverage, we leverage advanced data connectivity alongside AI and next generation tools to streamline workflows, drive productivity, and enable smarter, faster decision-making. Serving more than 9,100 global clients and over 247,000 individual users, FactSet is a member of the S&P 500 dedicated to innovation and long-term client success. Learn more at www.factset.com and follow us on X and LinkedIn.

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