Xtglobal Infotech Limited has announced a significant deal with a leading civil and utility construction company based in Central Florida for its Circulus Accounts Payable (AP) Automation Solution. This agreement marks a strategic expansion for XTGlobal in the U.S. construction sector and underscores the growing demand for intelligent automation solutions in specialized industries.

Deal Highlights

Strategic Importance

The deal strengthens XTGlobal's position in the U.S. construction and infrastructure sector, known for high invoice volumes and complex financial workflows. It demonstrates the adaptability of the Circulus platform across diverse industries and reinforces XTGlobal's commitment to innovation and long-term client partnerships.

Client Selection Process

XTGlobal's Circulus solution was chosen after a competitive review of five AP automation platforms. The selection was based on its construction-specific design, proven success with similar clients, and seamless integration with the client's existing Vista Viewpoint ERP system. The sales cycle concluded in just 2.5 weeks.

Solution Features

• Supports two Vista Viewpoint ERP profiles within one system
• Handles both PO and Non-PO workflows with vendor-specific business rules
• Advanced job-costing functionality for automatic job number identification and invoice routing

Management Commentary

Mr. Rama Rao Atchuta Mullapudi, Managing Director of XTGlobal Infotech Limited, stated, "We're pleased to welcome a new client to our growing portfolio, highlighting the flexibility and value of our Circulus platform in specialized industries like construction. The client's confidence and the speed of this engagement reflect XTGlobal's agility and commitment to value-driven digital transformation."

Mr. Vasanth Vee, Vice President - Client Strategy & Business Innovations, added, "This win demonstrates the growing demand for intelligent automation solutions within the construction sector. Circulus' adaptability and job-costing intelligence provide clients with both control and insight into their financial operations—capabilities that are quickly becoming essential for scalable growth."

This deal not only expands XTGlobal's client base but also validates its strategy of providing industry-specific solutions that drive efficiency and innovation in complex business environments.

Xtglobal Infotech Limited has announced its entry into the Australian market with a new contract for accounting services. This marks a significant milestone for the company as it expands its international footprint.

Contract Details

The Hyderabad-based IT services company has secured a contract with an Australian entity to provide accounting services. Key details of the agreement include:

• Initial term of 3 months, with automatic renewal provisions for up to 3 years
• Expected monthly revenue of AUD 5,350.00 (approximately ₹2.94 lakh)
• Contract effective from September 30, 2025

Strategic Expansion

This contract represents Xtglobal Infotech's first foray into the Australian market, potentially opening doors for further growth in the region. The company's ability to secure an international client for accounting services demonstrates its capabilities in financial outsourcing and its commitment to expanding its service offerings globally.

Management Statement

In a regulatory filing, Xtglobal Infotech stated, "The Company has bagged its first order from Australia." The disclosure was made in compliance with SEBI regulations and the recent circular on continuous disclosure requirements.

Financial Implications

While the contract's initial value may seem modest, it provides Xtglobal Infotech with a strategic entry point into the Australian market. The potential for automatic renewals up to 3 years suggests the possibility of a long-term relationship with the client, which could lead to additional opportunities in the future.

Market Response

Investors and market analysts will likely watch closely to see how this international expansion affects Xtglobal Infotech's overall growth strategy and financial performance in the coming quarters.

The company has assured that this contract does not fall under related party transactions, and neither the promoter nor the promoter group has any interest in the Australian entity awarding the contract.

As Xtglobal Infotech takes this step into the international arena, it sets the stage for potential future growth and diversification of its client base beyond Indian borders.