Xchanging Solutions' Singapore Subsidiary Declares SGD 2.5 Million Interim Dividend

1 min read     Updated on 26 Aug 2025, 02:23 PM
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Naman SharmaScanX News Team
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Overview

Xchanging Solutions Limited's wholly owned subsidiary, Xchanging Solutions (Singapore) Pte Limited, has declared an interim dividend of SGD 2,500,000 for the financial year 2024-25. The dividend was declared on August 26, 2025, as per the company's regulatory filing. Xchanging Solutions Limited is a DXC Technology Company based in Bengaluru, India.

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*this image is generated using AI for illustrative purposes only.

Xchanging Solutions Limited , a DXC Technology Company, announced that its wholly owned subsidiary, Xchanging Solutions (Singapore) Pte Limited, has declared an interim dividend of SGD 2,500,000 (Singapore Dollar Two million five hundred thousand) for the financial year 2024-25. The dividend declaration was made on August 26, 2025, as per the company's regulatory filing.

Dividend Details

The interim dividend declaration by the Singapore subsidiary marks a significant financial event for Xchanging Solutions Limited. Here are the key points:

  • Dividend Amount: SGD 2,500,000.00
  • Declared By: Xchanging Solutions (Singapore) Pte Limited
  • Declaration Date: August 26, 2025
  • Financial Year: 2024-25

Company Information

Xchanging Solutions Limited, identified as a DXC Technology Company, is a prominent player in the IT services sector.

Corporate Governance

The dividend declaration was promptly communicated to the stock exchanges, demonstrating the company's commitment to transparency and compliance with regulatory requirements. Radhika Khurana, Company Secretary & Compliance Officer (Membership No. A32557), signed the official intimation to the stock exchanges.

About Xchanging Solutions Limited

Xchanging Solutions Limited is headquartered in Bengaluru, Karnataka, India. The company's registered office is located at HP Avenue, 39/40, Electronic City, Hosur Main Road, Bengaluru 560 100. As a part of the DXC Technology group, Xchanging Solutions benefits from a global network and expertise in the technology services sector.

This interim dividend declaration by its Singapore subsidiary indicates the company's ability to generate returns for shareholders. Investors should consider the overall financial performance and market conditions when making investment decisions.

Historical Stock Returns for Xchanging Solutions

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Xchanging Solutions Reports Strong Q1 Results with Consolidated Profit of Rs 1,377 Lakhs

2 min read     Updated on 08 Aug 2025, 02:27 PM
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Shriram ShekharScanX News Team
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Overview

Xchanging Solutions announced robust Q1 financial results. Consolidated revenue reached Rs 4,999.00 lakhs with a profit after tax of Rs 1,377.00 lakhs. Standalone revenue was Rs 1,075.00 lakhs with a profit after tax of Rs 471.00 lakhs. The company operates in the Information Technology services sector. A final dividend of Rs 2.00 per equity share for the previous financial year is pending shareholder approval. The results include performance from subsidiaries in Singapore, USA, and India.

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Xchanging Solutions , a prominent player in the Information Technology services sector, has announced its unaudited financial results for the first quarter. The company has demonstrated robust performance on both standalone and consolidated fronts, showcasing significant growth in revenue and profitability.

Consolidated Performance Highlights

Xchanging Solutions reported impressive consolidated results for Q1:

  • Revenue from operations reached Rs 4,999.00 lakhs
  • Profit after tax stood at Rs 1,377.00 lakhs
  • Earnings per share (EPS) of Rs 1.24

Standalone Performance

On a standalone basis, the company's financial metrics for the quarter were equally noteworthy:

  • Revenue from operations of Rs 1,075.00 lakhs
  • Profit after tax of Rs 471.00 lakhs
  • Earnings per share (EPS) of Rs 0.42

Segment Information

Xchanging Solutions operates in a single segment of Information Technology services, aligning its business focus with industry trends and market demands.

Dividend Announcement

The Board of Directors had previously recommended a final dividend of Rs 2.00 per equity share for the financial year ended March 31. This dividend is subject to shareholder approval at the upcoming annual general meeting.

Subsidiary Performance

The consolidated results include the performance of Xchanging Solutions' subsidiaries:

  • Xchanging Solutions (Singapore) Pte Ltd
  • Xchanging Solutions USA Inc
  • Nexplicit Infotech India Private Limited

These subsidiaries have contributed to the overall strong performance of the group.

Financial Position

The company's financial position remains strong, with a focus on maintaining profitability and shareholder value. The consolidated results show:

Particulars Q1 (Rs in lakhs)
Revenue from operations 4,999.00
Other income 379.00
Total income 5,378.00
Total expenses 3,495.00
Profit before tax 1,883.00
Profit after tax 1,377.00

Management Commentary

Swaminathan Swaminathan, Managing Director and Chief Executive Officer, expressed satisfaction with the company's performance, stating, "Our Q1 results demonstrate Xchanging Solutions' continued strength in the IT services market. We remain committed to delivering value to our clients and shareholders through innovative solutions and operational excellence."

Looking Ahead

As Xchanging Solutions continues to navigate the dynamic IT services landscape, the company's strong Q1 performance sets a positive tone for the fiscal year. With a focus on its core competencies and strategic initiatives, the company is well-positioned to capitalize on emerging opportunities in the technology sector.

Investors and stakeholders will be keenly watching Xchanging Solutions' performance in the coming quarters, as the company strives to maintain its growth trajectory and enhance shareholder value.

Historical Stock Returns for Xchanging Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-2.32%-2.82%-3.31%-4.44%-32.52%+17.50%
Xchanging Solutions
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