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:

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.

Xchanging Solutions , a leading technology services company, has announced its fourth quarter financial results, showcasing significant improvements in key financial metrics.

EBITDA Growth

The company reported a substantial increase in its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for Q4. The EBITDA rose to 173.50 million rupees, up from 98.60 million rupees in the same quarter of the previous year. This represents a remarkable year-over-year growth of 76.00%.

Improved EBITDA Margin

Alongside the EBITDA growth, Xchanging Solutions also saw a significant improvement in its EBITDA margin. The margin expanded to 34.19% in Q4, compared to 22.18% in the corresponding period of the previous year. This 12.01 percentage point increase indicates enhanced operational efficiency and profitability.

Revenue Increase

The company's revenue also showed positive momentum, rising to 507.40 million rupees in Q4. This marks an increase from 445.00 million rupees reported in the same quarter of the previous year, representing a growth of about 14.02%.

Net Profit Performance

Xchanging Solutions' consolidated net profit for Q4 stood at 146.50 million rupees. This figure shows improvement both on a year-over-year and quarter-over-quarter basis:

• Year-over-year: Up from 124.00 million rupees, an increase of approximately 18.15%
• Quarter-over-quarter: A slight increase from 144.80 million rupees in the previous quarter

Financial Performance Overview

The financial results demonstrate Xchanging Solutions' strong performance in Q4, with improvements across revenue, EBITDA, and net profit. The significant expansion in EBITDA margin suggests that the company has been successful in managing its costs while growing its top line.