Xchanging Solutions' Q1 FY 2025-26 Quarterly Results

Result Summary

• Xchanging Solutions Ltd reported a 2.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 8.4%.
• Its expenses for the quarter were down by 3.9% QoQ and 0.6% YoY.
• The net profit increased 11.2% QoQ and increased 29.5% YoY.
• The earnings per share (EPS) of Xchanging Solutions Ltd stood at 1.2 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Xchanging Solutions Ltd is a company that primarily operates in the information technology sector. The company offers a range of IT services, including software development, business process outsourcing, and IT consulting. Xchanging Solutions Ltd is part of a larger group that provides technology-driven solutions to various industries, enhancing their operational efficiency and business processes. While specific recent developments for Xchanging Solutions Ltd have not been provided, companies in this sector typically focus on leveraging new technologies to improve service delivery and expand their market reach.

Revenue

In Q1FY26, Xchanging Solutions Ltd reported a total income of ₹53.78 crores. This represents a quarter-over-quarter (QoQ) increase of 2.5% compared to Q4FY25, where total income was ₹52.46 crores. On a year-over-year (YoY) basis, there was an 8.4% increase from Q1FY25, which had a total income of ₹49.63 crores. This growth in revenue reflects the company's ability to expand its income over both the previous quarter and the same quarter in the prior year.

Profitability

For Q1FY26, Xchanging Solutions Ltd recorded a profit before tax of ₹18.83 crores, marking a 16.9% QoQ increase from ₹16.11 crores in Q4FY25 and a 30.0% YoY increase from ₹14.48 crores in Q1FY25. The company's tax expense was ₹5.06 crores in Q1FY26, reflecting a 35.7% QoQ increase from Q4FY25 and a 31.4% YoY increase from Q1FY25. Consequently, profit after tax for Q1FY26 was ₹13.77 crores, up 11.2% from Q4FY25 and 29.5% from Q1FY25. Earnings per share (EPS) for Q1FY26 stood at ₹1.20, showing a 9.1% QoQ growth from Q4FY25 and a 33.3% YoY growth from Q1FY25.

Operating Metrics

Total expenses for Xchanging Solutions Ltd in Q1FY26 were ₹34.95 crores, which is a decrease of 3.9% from the previous quarter's ₹36.35 crores, and a marginal decrease of 0.6% from ₹35.15 crores in Q1FY25. This reduction in expenses alongside an increase in total income contributed to an improved profitability margin. The increase in profit before tax and profit after tax, alongside the improved earnings per share, illustrates the company's operational efficiency in managing costs while growing its revenue base.