XTGlobal FY26 PAT rises 47.5% to ₹14.62 crore
XTGlobal Infotech Limited reported a consolidated net profit of ₹14.62 crore for FY26, up 47.5% YoY, on a 56.5% increase in total income to ₹369.25 crore. Standalone net profit rose to ₹6.81 crore. The performance was aided by the consolidation of Network Objects Inc and strategic contracts worth USD 2.39 million. The company also completed SEZ exit formalities and implemented Zoho platforms for operational efficiency.
*this image is generated using AI for illustrative purposes only.
XTGlobal Infotech Limited reported a consolidated net profit of ₹14.62 crore for the financial year ended March 31, 2026, an increase of 47.5% from ₹9.91 crore in the previous year. The growth was driven by a 56.5% rise in consolidated total income to ₹369.25 crore, compared to ₹235.96 crore in FY25. The board of directors approved the audited standalone and consolidated financial results at a meeting held on May 26, 2026. The statutory auditors issued an unmodified opinion on the financial results.
Financial Performance
For the year ended March 31, 2026, the company reported a standalone total income of ₹76.55 crore, up from ₹74.38 crore in the prior year. Standalone net profit for the year stood at ₹6.81 crore, compared to ₹4.89 crore in the previous year. The company operates in a single reportable segment, IT/ITES.
| Metric | Standalone FY26 (₹ in crore) | Standalone FY25 (₹ in crore) | Consolidated FY26 (₹ in crore) | Consolidated FY25 (₹ in crore) |
|---|---|---|---|---|
| Total Income | 76.55 | 74.38 | 369.25 | 235.96 |
| Net Profit | 6.81 | 4.89 | 14.62 | 9.91 |
| EBITDA | 13.56 | 11.39 | 27.03 | 24.25 |
Operational and Governance Updates
The board reviewed the operational and financial performance of subsidiary companies, including XTGlobal Inc and Network Objects Inc. Effective December 31, 2024, the company increased its stake in Network Objects Inc to 51.33%, making it a subsidiary. Consequently, the consolidated financial results for FY26 include the full consolidation of this entity, making them not fully comparable with the prior year.
The board approved related party transactions for FY 2026-27 and took note of the Secretarial Compliance Report issued by M/s. VCSR & Associates. Directors submitted general disclosures of interest in Form MBP-1 for FY 2026-27, and the board recorded annual declarations confirming compliance with the company's Code of Conduct.
Expansion and Strategic Wins
The company successfully completed SEZ exit and mutation formalities for the Madhurawada Unit, enabling it to evaluate commercial leasing opportunities expected to generate additional rental income. It implemented multiple Zoho platforms to enhance sales visibility and process automation. XTGlobal secured strategic contracts from U.S. transportation agencies for an Internal eForms Modernization Program and AI Enablement for Engineering Services, with a combined value of approximately USD 2.39 million (around ₹22 crore). The FAST Practice recorded significant growth in Accounting & Outsourcing operations, reaching a monthly billing run-rate of USD 200,000.
The board reviewed progress relating to the establishment of subsidiaries in Australia and the United Kingdom (Ireland). It approved related operational, compliance, and regulatory authorisations required for the incorporation and operationalization of these entities.
Historical Stock Returns for Xtglobal Infotech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.18% | +3.73% | -2.36% | -15.18% | -8.59% | -39.06% |
What is the expected timeline for the operationalization of the new subsidiaries in Australia and the UK (Ireland)?
How will the full consolidation of Network Objects Inc impact profit margins and revenue growth in FY27?
What are the projected revenue contributions from the new commercial leasing opportunities at the Madhurawada Unit?
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