XT Global Infotech Ltd's Q3FY25 Quarterly Results

Result Summary

• XT Global Infotech Ltd reported a 0.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 12.4%.
• Its expenses for the quarter were down by 4.8% QoQ and 14.6% YoY.
• The net profit increased 35.8% QoQ and decreased 19.8% YoY.
• The earnings per share (EPS) of XT Global Infotech Ltd stood at 0.3 during Q3FY25.

Financial Statments for Q3FY25

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

Company Overview

XT Global Infotech Ltd is a company operating in the technology sector, primarily involved in offering IT solutions and services. While specific details about its range of products and services are not available in the current dataset, companies in this sector typically engage in software development, IT consulting, and system integration, among other activities. There is no information provided about any recent major developments or strategic initiatives undertaken by the company.

Revenue

In the third quarter of the fiscal year 2025, XT Global Infotech Ltd reported a total income of ₹49.39 crores. This represents a slight decrease of 0.4% compared to the previous quarter (Q2FY25), where the total income was ₹49.61 crores. A year-over-year comparison shows a more significant decrease of 12.4% from the third quarter of the fiscal year 2024, when the total income was ₹56.35 crores. This data indicates that the company experienced a decline in income over both the quarter and the year.

Profitability

Profit Before Tax (PBT) for Q3FY25 was reported at ₹5.46 crores, marking a quarter-over-quarter increase of 57.3% from ₹3.47 crores in Q2FY25. Comparing year-over-year, there was an increase of 11.2% from ₹4.91 crores in Q3FY24. The tax expense for Q3FY25 was ₹1.81 crores, representing a 108.0% increase from the previous quarter and a 129.1% increase from Q3FY24. Consequently, Profit After Tax (PAT) for Q3FY25 stood at ₹3.68 crores, which is a 35.8% increase from Q2FY25's ₹2.71 crores but a 19.8% decrease from ₹4.59 crores in Q3FY24. Earnings Per Share (EPS) remained consistent year-over-year at ₹0.30 but showed a 50% increase from ₹0.20 in the previous quarter.

Operating Metrics

Total expenses for XT Global Infotech Ltd in Q3FY25 were ₹43.94 crores, which is a 4.8% decrease from ₹46.14 crores in Q2FY25 and a 14.6% decrease from ₹51.44 crores in Q3FY24. This reduction in expenses contributes to the improved quarter-over-quarter profitability despite the declining income. There are no specific operating metrics or ratios, such as P/E ratio, debt-to-equity ratio, or current ratio, provided in the dataset, which limits further analysis in this section. However, the data reflects a focused management of expenses, which has positively impacted the company's profitability metrics over the quarter.