Integrated Filing — IndAS



General information about company

Scrip Code 531225
NSE Symbol XTGLOBAL
MSEI Symbol NOTLISTED
ISIN INE547B01028
Name of company XTGLOBAL INFOTECH LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 26-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 18-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment IT/ITES
Start date and time of board meeting 26-05-2026   18:30:00
End date and time of board meeting 26-05-2026   19:59:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 8,951.62 36,872.12
Other income 8.89 52.85
Total income 8,960.51 36,924.97
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 4,510.87 18,746.62
(e) Finance costs 82.37 343.11
(f) Depreciation, depletion and amortisation expense 149.97 642.15
(f) Other Expenses
1 Cost of technical subcontractors 3,481.75 13,672.93
2 Rent 32.22 124.77
3 Power and fuel 17.80 92.29
4 Software and licences 178.46 601.94
5 Fee for professional services 24.42 131.47
6 Insurance 27.74 89.55
7 Recruitment and training 1.08 13.44
8 Travel and conveyance 105.09 306.99
9 General office expenses 34.07 113.58
10 Other Expenses 108.03 328.83
Total other expenses 4,010.66 15,475.79
Total expenses 8,753.87 35,207.67
3 Total profit before exceptional items and tax 206.64 1,717.30
4 Exceptional items 0.00 0.00
5 Total profit before tax 206.64 1,717.30
6 Tax expense
7 Current tax (183.04) 242.81
8 Deferred tax 15.31 12.39
9 Total tax expenses (167.73) 255.20
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 374.37 1,462.10
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 374.37 1,462.10
17 Other comprehensive income net of taxes (24.94) (24.94)
18 Total Comprehensive Income for the period 349.43 1,437.16
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 274.95 1,127.81
Total profit or loss, attributable to non-controlling interests 74.48 309.36
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 274.95 1,127.81
Total comprehensive income for the period attributable to owners of parent non-controlling interests 74.48 309.36
21 Details of equity share capital
Paid-up equity share capital 13,41,23,705.00 13,41,23,705.00
Face value of equity share capital 134123705 134123705
27 Details of debt securities
22 Reserves excluding revaluation reserve 19,030.28
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.2 0.84
Diluted earnings (loss) per share from continuing operations 0.2 0.84
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.2 0.84
Diluted earnings (loss) per share from continuing and discontinued operations 0.2 0.84
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above statement of unaudited consolidated financial results of XTGlobal Infotech Limited (the company) which have been prepared in accordance with the Indian Accounting Standards (Ind AS) prescribed under section 133 of the Companies Act, 2013, read with relevant rules issued thereunder, other accounting principles generally accepted in India and guidelines issued by the Securities Exchange Board of India (SEBI) were reviewed and recommended by audit committee and thereafter approved by the meeting of the Board of Directors of the company held on May 25th, 2026. 2. During the quarter ended 31st December 2023 and the quarter ended 31st March 2025 the company has issued Employee stock options (ESOP) and Restricted stock units (RSU) as a part of XTGlobal Infotech limited Employees Stock Benefit Scheme - 2020. The options/RSUs will be vested over a period of 4 years and with an exercise period of 4 years from the date of vesting at an exercise price of Rs. 20/- per option and Rs. 1/- per RSU. The fair value of the options has been calculated using the Black Scholes model considering the factors like share price, exercise price, expected volatility, option life, expected dividend and the risk free interest rate. Expected volatility has been calculated based on the 1 year historical market price of the shares of the company. The issuance of ESOPs and RSUs has resulted in increase in employee costs to the tune of Rs. 32.05 lakhs for the current quarter and Rs. 206.97 lakhs for the year and also a corresponding increase in the reserves of the company. 3. Effective December 31, 2024, the Company increased its stake in Network Objects Inc from 44.33% to 51.33%, thereby obtaining control. Accordingly, Network Objects Inc has become a subsidiary from that date. In accordance with Ind AS 110 on Consolidated Financial Statements, the Company has consolidated the financial results of Network Objects Inc on a line-by-line basis from January 1, 2025 onwards. For the period prior to December 31, 2024, the results of the said entity were accounted for under the equity method as an associate. Consequently, the results for the quarter ended and Year ended March 31, 2026, include the full consolidation of the subsidiary, and these results are not comparable with those for the year ended March 31, 2025, as only one quarter’s results were included in that year. The effect of this change has been appropriately disclosed and accounted for as per applicable accounting standards. 4. During the Second quarter, the company applied for the exit of its SEZ unit at the Visakhapatnam branch. The exit was approved by the SEZ authorities on September 22, 2025. As part of the exit process, the department recovered GST input tax benefits amounting to Rs. 6,32,58,370, which had been availed on Property, Plant & Equipment while operating in the SEZ. This amount has been capitalized to the respective assets and is being depreciated over their remaining useful life. 5. On November 21, 2025, the Government of India notified the four Labour Codes, bringing them into effect and replacing the existing 29 labour laws. In accordance with Ind AS 19 - Employee Benefits, the Company has evaluated the impact of the implementation of these Labour Codes and concluded that there is no significant material impact. 6. The results stated above are also available on stock exchange website www.bseindia.com www.nseindia.comand also on the website of the company at www.xtglobal.com.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 8,299.35
Capital work-in-progress 0.00
Investment property 0.00
Goodwill 5,135.00
Other intangible assets 134.90
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Security deposits 42.08
2 Deferred expenditure 1,338.09
Total of other non-current financial assets 1,380.17
Total non-current financial assets 1,380.17
Deferred tax assets (net) 0.00
Other non-current assets
Total of other non-current assets
Total non-current assets 14,949.42
2 Current assets
Inventories 0.00
Current financial asset
Current investments 0.00
Trade receivables, current 4,057.48
Cash and cash equivalents 1,386.44
Bank balance other than cash and cash equivalents 222.31
Loans, current 2,928.48
Other current financial assets
Total of other current financial assets 3,970.13
Total current financial assets 12,564.84
Current tax assets (net) 205.04
Other current assets
1 Advance to vendors 139.46
2 Advance to employees 210.52
3 Prepaid expenses 450.86
4 Balances with Statutory authorities 291.10
Total of other current assets 1,091.94
Total current assets 13,861.82
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 28,811.24
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,341.24
Other equity 19,030.27
Total equity attributable to owners of parent 20,371.51
Non controlling interest 693.35
Total equity 21,064.86
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 2,663.93
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Lease Liabilities 104.12
Total of other non-current financial liabilities 104.12
Total non-current financial liabilities 2,768.05
Provisions, non-current 494.38
Deferred tax liabilities (net) 168.82
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 3,431.25
Current liabilities
Current financial liabilities
Borrowings, current 2,232.05
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 6.47
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1,334.88
Total Trade payable 1,341.35
Other current financial liabilities
1 Deferred Purchase Consideration 164.26
2 Lease Liabilities 11.28
Total of other current financial liabilities 175.54
Total current financial liabilities 3,748.94
Other current liabilities 492.44
1 Statutory payables 181.84
2 Payroll payables 165.82
3 Other payables 144.78
Total of other current liabilities 492.44
Provisions, current 73.75
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 4,315.13
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 7,746.38
Total equity and liabilites 28,811.24
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items not be reclassified to profit or (loss) (24.94) (24.94)
Total Amount of items that will not be reclassified to profit and loss (24.94) (24.94)
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (24.94) (24.94)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1,717.30
Adjustments for reconcile profit (loss)
Adjustments for finance costs 343.11
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current 174.75
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (341.74)
Adjustments for decrease (increase) in other non-current assets (10.05)
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (3,099.71)
Adjustments for other bank balances (12.02)
Adjustments for increase (decrease) in trade payables, current 252.24
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 380.59
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 642.15
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (71.98)
Adjustments for provisions, non-current 90.74
Adjustments for other financial liabilities, current (5.18)
Adjustments for other financial liabilities, non-current (109.16)
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 55.50
Adjustments for share-based payments 206.97
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 881.56
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (733.23)
Net cash flows from (used in) operations 984.07
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 412.46
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 571.61
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 7.65
Purchase of property, plant and equipment 717.48
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 55.50
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (654.33)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 67.17
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 4,427.95
Repayments of borrowings 3,126.28
Payments of lease liabilities 0.00
Dividends paid 422.78
Interest paid 343.11
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 602.95
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 520.23
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 520.23
Cash and cash equivalents cash flow statement at beginning of period 866.21
Cash and cash equivalents cash flow statement at end of period 1,386.44





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 C Ramachandram & Co Yes 31-07-2027