XTGlobal Infotech Reports 87% Revenue Surge in Q1, Driven by Network Objects Integration Aug 18, 2025
More news about Xtglobal Infotech
06Aug 25
XTGLOBAL Secures Major U.S. State Agency Contract, Reports Strong Q1 Results
Xtglobal Infotech has won a five-year IT modernization project from a U.S. State Agency, with an estimated total revenue of $7-10 million. The company also reported impressive Q1 financial results, with revenue reaching ₹1,777.40 lakhs (2.00% QoQ growth), EBITDA at ₹252.20 lakhs (2.90x QoQ growth), and PAT at ₹152.10 lakhs (27.30x QoQ growth). On a consolidated basis, the company saw 6.00% QoQ revenue growth to ₹9,230.60 lakhs. CEO Ramarao Mullapudi noted early signs of IT sector recovery and the company's focus on AI adoption.
05Aug 25
XTGlobal Infotech Reports 72% Surge in Consolidated Q1 Net Profit
Xtglobal Infotech Limited posted robust Q1 consolidated financial results. Net profit increased by 72% to Rs 373.54 crore, while revenue grew by 87% to Rs 9,230.56 crore year-on-year. The company's standalone performance was more modest, with net profit decreasing by 23.6% to Rs 152.14 crore. The significant growth in consolidated results was largely attributed to Xtglobal's increased stake in Network Objects Inc. Despite rising expenses, the company demonstrated improved operational efficiency on a consolidated basis.
01Aug 25
XTGlobal Infotech Launches AI Practice, Appoints Bharat Rampally as VP to Lead Strategic Initiative
XTGlobal Infotech Limited has launched its Artificial Intelligence (AI) Practice, appointing Bharat Rampally as Vice President and Head of AI Practice. The company aims to expand its service capabilities in the growing AI market, offering end-to-end services across the AI lifecycle. These include AI Strategy, ML Model Development, Enterprise Integration, AI Governance, and Generative AI solutions. XTGlobal targets the global AI market projected to exceed $500 billion by 2030, expecting to create diversified revenue streams and improve margin profiles through premium pricing.