Xtglobal Infotech
35.27
-0.01(-0.03%)
Market Cap₹- Cr
PE Ratio-
Company Performance:
1D-0.03%
1M-11.07%
6M+3.74%
1Y-25.92%
5Y-29.82%
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More news about Xtglobal Infotech
26Sept 25
XTGLOBAL Infotech Secures First Australian Contract for Accounting Services
Xtglobal Infotech Limited has secured its first contract in Australia for accounting services. The 3-month agreement, starting September 30, 2025, has an expected monthly revenue of AUD 5,350.00 (approx. ₹2.94 lakh) and can be automatically renewed for up to 3 years. This marks the company's entry into the Australian market, potentially opening doors for further international growth.
05Sept 25
XTGlobal Infotech Sets 37th AGM, Approves Board Changes and Foreign Investment Limit Hike
XTGlobal Infotech Limited has set its 37th AGM for September 29, 2025, via video conferencing. The Board approved the Annual Report for FY 2024-25 and made several board composition changes. They recommended increasing foreign investment limits to 100% of paid-up equity share capital, subject to shareholder approval. Related party transactions for FY 2025-26 with US subsidiaries were approved. The company appointed scrutinizers for e-voting and designated KFin Technologies for AGM facilities. The Secretarial Audit Report contained no qualifications or adverse remarks.
18Aug 25
XTGlobal Infotech Reports 87% Revenue Surge in Q1, Driven by Network Objects Integration
Xtglobal Infotech Limited reported robust Q1 financial results with consolidated revenue of ₹92.30 crores, an 87.2% year-on-year increase. Net Profit After Tax reached ₹3.73 crores, up 72.4% year-on-year. The company's growth was driven by the integration of Network Objects as a subsidiary, adding 10 new client accounts and securing a $7-10 million project with the Texas Department of Transportation. Xtglobal is expanding its AI services and exploring acquisitions in Europe, Australia, and India to enhance its market presence.
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.
Xtglobal Infotech
35.27
-0.01
(-0.03%)
1 Year Returns:-25.92%
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