| Textual Information(1) |
Notes: 1. The unaudited consolidated financial results of the Group for the quarter ended June 30, 2026, have been reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on August 14, 2026. 2. The unaudited consolidated financial results of the Group for the quarter ended June 30, 2026 are available on the National Stock Exchange website (URL: www.nseindia.com), the BSE (URL: www.bseindia.com), and on the parent company’s website (URL: www.xelpmoc.in). 3. The consolidated unaudited financial results of the Company, its subsidiaries and associate (the ‘Group’) have been prepared in accordance with Ind AS 110 Consolidated Financial Statements. 4. The Consolidated financial results has been prepared in accordance with the principles and procedures of Indian Accounting Standards (“Ind AS”) as notified under the Companies (Indian Accounting Standards) Rules, 2015 as specified in Section 133 of the Companies Act, 2013 and guidelines issued by the Securities and Exchange Board of lndia (SEBI) under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended. 5. During the quarter ended June 30, 2026, the parent Company has issued and allotted 40,000 Equity Shares upon conversion of Stock Options granted pursuant to Xelpmoc Design and Tech Limited Employees Stock Option Scheme 2019. Consequent to this allotment the Paid-up Capital of the Company stand increased to Rs.14,79,94,930 comprising of 1,47,99,493 Equity Shares of face value Rs.10/- each. 6. Further, during the quarter ended June 30, 2026, the Company granted 135,681 options to eligible employees under the Xelpmoc Design and Tech Limited Employee Stock Option Scheme, 2019. 7. Restricted Consolidation of the Subsidiary:- For the period ended June 30, 2026, the Company has restricted the consolidation of the step-down subsidiary Soultrax Studios Private Limited. As per Ind AS 110, when a parent has no present obligation to absorb further losses and the subsidiaries’ cumulative losses exceed the carrying amount of investment, further consolidation may be restricted. The Company’s investment in the entity has been fully impaired in prior periods, with no legal or constructive obligation to provide additional financial support. Accordingly: No further losses have been recognized in the consolidated financial results. No additional liabilities or contingent exposures exist. This has no material impact on the consolidated financial results for the period. The Company continues to monitor the financial position of the subsidiary and will reassess consolidation if required in future periods. 8. Restricted Recognition of Associate:- The Company has discontinued / restricted the recognition of further losses relating to Xperience India Private Limited in accordance with Ind AS 28, as the investment in the associate has already been fully impaired in earlier periods and no further financial obligation exists. Accordingly, no additional share of losses has been recognized during the year ended June 30, 2026, and the same has no material impact on the financial results of the Company. 9. Financial results of Soultrax Studios Private limited for the quarter ended June 30, 2026, indicate that the company has accumulated losses and its net worth has been fully eroded. The Company has incurred losses till previous quarter, this condition indicate the existence of a material uncertainty that may cast a significant doubt about the Company’s ability to continue as going concern. However, the financial results of the company have been prepared on a going concern assumption basis. 10. The Company has evaluated the financial position and future business prospects of its wholly owned subsidiary, Signal Technologies Private Limited and based on the assessment of the current financial condition and operational status of the subsidiary, certain indicators exist which may cast significant doubt on the subsidiary’s ability to continue as a going concern. The management is continuously evaluating the operational and financial support requirements of the subsidiary and the consequential impact, if any, on the financial results. 11. Retirement and Other staff benefits are provided for the quarter ended June 30, 2026 has been calculated on an estimated basis. 12. The Group is required to disclose segment information based on the ‘management approach’ as defined in Ind AS 108 - Operating Segments, which is how the Chief Operating Decision Maker (CODM) evaluates the Group’s performance and allocates resources based on the analysis of the various performance indicators. In the case of the Group, the CODM reviews the results of the Group as a whole as the Group is primarily engaged in the business of software development services. Accordingly, the Group is a single CGU, hence single segment. The information as required under Ind AS 108 is available directly from the financial results, hence no separate disclosure on segment information is given in these consolidated financial results. 13. The principal business of the Group is to provide technology services and solutions, the Group does not fall in to the definition of Non-Banking Finance Company as per the Reserve Bank of India Act, 1934. 14. Effective November 21, 2025, the Code on Social Security, 2020 amended the definition of “Wages” for the purpose of gratuity calculations. As per Ind AS 19, revisions to gratuity benefits arising from changes in labour laws are treated as plan amendments and recognised as past service costs. Accordingly, the Company has recognised a one-time past service cost of INR. 2,780.75 ('000s) as an Exceptional Item in the Statement of Profit and Loss for the quarter and nine months ended December 31, 2025. 15. The statutory auditors of the Group have issued an unmodified report for the quarterly consolidated results of the Group. 16. The figures for the quarter ended June 30, 2026 and June 30, 2025, were subjected to limited review. The figures for the quarter ended March 31, 2026 are the balancing figures between audited figures for the full financial year ended March 31, 2026 and the unaudited published year to date figure upto December 31, 2025. 17. The Board of Directors at their meeting have not recommend any dividend. 18. Previous quarter/ year figures are regrouped and reclassified wherever necessary. 19. Investor complaints: Investor Complaints pending at the beginning of the quarter – Nil, Received during the quarter – Nil, Disposed during the quarter – Nil, and Remaining unresolved at the end of the quarter – Nil. For and on behalf of the Board of Directors of Xelpmoc Design and Tech Limited Srinivas Koora Whole Time Director & Chief Financial Officer (DIN: 07227584) Place: Hyderabad Date: August 14, 2026 |