Xpro India Limited has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported a 25.2% year-on-year increase in standalone Profit After Tax (PAT) for the fourth quarter, while annual net profit declined due to foreign exchange fluctuations and broader market conditions. Following the results, the company conducted an earnings conference call on May 22, 2026, the audio recording of which has been uploaded to its website.

Financial Performance

For the quarter ended March 31, 2026, the standalone PAT rose to Rs 11.6 crores from Rs 9.3 crores in the same quarter of the prior year. Revenue from operations for Q4 FY26 stood at Rs 134.4 crores, a decrease of 15.1% from Rs 158.2 crores in Q4 FY25. EBITDA for the quarter improved by 5.9% to Rs 14.3 crores, with margins expanding to 10.7% from 8.6% in the previous year.

For the full year ended March 31, 2026, the company reported a standalone net profit of Rs 30.5 crores, a decrease of 30.3% from Rs 43.8 crores in the previous year. Revenue from operations for FY26 stood at Rs 505.5 crores, compared to Rs 535.3 crores in FY25. The annual EBITDA declined by 7.6% to Rs 49.2 crores.

Operational Highlights

The company noted that operations reflected market conditions and product-mix dynamics. Results were impacted by an unrealized translation loss of Rs 11.14 crores on euro-linked long-term liabilities and an incremental liability of Rs 1.39 crores towards gratuity and compensated absences due to New Labour Codes. Aggregate production for the year reached 31,335 MT.

Key Financial Metrics

The following table summarizes the key financial metrics for the quarter and year under review:

Expansion and Outlook

The company commissioned a new dielectric film line at Barjora on March 27, 2026, doubling its nameplate capacity in India from 4,000 to 8,000 MT annually. Implementation of the UAE project by its subsidiary, Xpro Dielectric Films FZ-LLC, remains on track, though management noted vigilance regarding the geopolitical situation in the region.

Management stated during the earnings call that the new dielectric film line at Barjora has entered commercial production. The company targets at least 50% utilization for the new line during the current financial year. The UAE project is expected to commence trial production by August-September 2026, with commercial operations anticipated by the third quarter of the financial year. The Board has recommended a dividend of Rs 2 per equity share for shareholder approval.

Xpro India Limited has announced the schedule for its Twenty Ninth Annual General Meeting (AGM). The meeting will be held on Monday, July 20, 2026, at 10.30 a.m. IST through Video Conferencing and Other Audio Visual Means.

In compliance with the Companies Act, 2013, and SEBI regulations, the company has established the book closure period. The Register of Members and Share Transfer Books will remain closed from Tuesday, July 14, 2026, to Monday, July 20, 2026 (both days inclusive).

The Board has fixed Monday, July 13, 2026, as the record date. This date is crucial for determining the eligibility of shareholders to participate in the AGM and to receive any dividend that may be declared by the members during the meeting.

The following table outlines the key dates for the upcoming corporate action:

Shareholders are requested to note these dates to ensure their entitlements regarding the AGM proceedings and potential dividend payouts.