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-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 30-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 23-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
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 30-May-2025   10:00:00
End date and time of board meeting 30-May-2025   12:15:00
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
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-05-30
Indicate Company website link for updated RPT policy of the Company www.xtglobal.com
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
No Such Cases



Financial Results Ind-AS
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-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 174324000 717124000
Other income 6804000 26670000
Total income 181128000 743794000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 146255000 536018000
(e) Finance costs 3929000 15235000
(f) Depreciation, depletion and amortisation expense 7955000 32376000
(f) Other Expenses
1 Cost of technical subcontractors 9448000 38905000
2 Rates and taxes 1451000 4395000
3 Power and fuel 1690000 7176000
4 Communication expenses 491000 1913000
5 Software and licences 3035000 12101000
6 Legal and professional fee 2415000 5384000
7 Repairs and maintenance 912000 3033000
8 Insurance 1488000 6675000
9 Recruitment and training 310000 1607000
10 Other Expenses 4837000 12708000
Total other expenses 26077000 93897000
Total expenses 184216000 677526000
3 Total profit before exceptional items and tax -3088000 66268000
4 Exceptional items 0 0
5 Total profit before tax -3088000 66268000
6 Tax expense
7 Current tax -6351000 7891000
8 Deferred tax 2704000 9434000
9 Total tax expenses -3647000 17325000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 559000 48943000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 559000 48943000
17 Other comprehensive income net of taxes -3285000 -3285000
18 Total Comprehensive Income for the period -2726000 45658000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 133562000 133562000
Face value of equity share capital 1335.62 1335.62
27 Details of debt securities
22 Reserves excluding revaluation reserve 1783901000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -0.02 0.34
Diluted earnings (loss) per share from continuing operations -0.02 0.34
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 -0.02 0.34
Diluted earnings (loss) per share from continuing and discontinued operations -0.02 0.34
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 standalone 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 the audit committee and thereafter approved by the meeting of the Board of Directors of the company held on May 30th 2025. n n2 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 and 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. n nThe fair value of the options has been calculated using the Black Scholes model considering 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. n nThe issuance of ESOPs and RSUs has resulted in an increase in employee costs to the tune of Rs 154.44 lakhs for the current quarter ended and Rs 373.22 lakhs for the current year ended and also a corresponding increase in the reserves of the company. n n3 The results stated above are also available on stock exchange websites www.bseindia.com, www.nseindia.com, and 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
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 777212000
Capital work-in-progress 0
Investment property 0
Goodwill 0
Other intangible assets 0
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 1320081000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 0
Total non-current financial assets 1320081000
Deferred tax assets (net) 0
Other non-current assets 3381000
Total non-current assets 2100674000
2 Current assets
Inventories 0
Current financial asset
Current investments 0
Trade receivables, current 32400000
Cash and cash equivalents 3263000
Bank balance other than cash and cash equivalents 21029000
Loans, current 0
Other current financial assets 38311000
Total current financial assets 95003000
Current tax assets (net) 19236000
Other current assets 38959000
Total current assets 153198000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 2253872000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 133562000
Other equity 1783901000
Total equity attributable to owners of parent 1917463000
Non controlling interest
Total equity 1917463000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 95152000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 19714000
Total non-current financial liabilities 114866000
Provisions, non-current 40364000
Deferred tax liabilities (net) 20993000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 176223000
Current liabilities
Current financial liabilities
Borrowings, current 97464000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 12336000
Total Trade payable 12336000
Other current financial liabilities 31556000
Total current financial liabilities 141356000
Other current liabilities 16731000
Provisions, current 2099000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 160186000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 336409000
Total equity and liabilites 2253872000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
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
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-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
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) -3285000 -3285000
Total Amount of items that will not be reclassified to profit and loss -3285000 -3285000
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
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
5 Total Other comprehensive income -3285000 -3285000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 66268000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 15235000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current -65624000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current -8120000
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 3784000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 32376000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current -24644000
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 30788000
Adjustments for interest income 0
Adjustments for share-based payments 37322000
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) -3285000
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -43744000
Net cash flows from (used in) operations 22524000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 11488000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 11036000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 60004000
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 6691000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 34312000
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -32383000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 7363000
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 89279000
Repayments of borrowings 61824000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 15235000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 19583000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -1764000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -1764000
Cash and cash equivalents cash flow statement at beginning of period 5027000
Cash and cash equivalents cash flow statement at end of period 3263000





Details of Impact of Audit Qualification
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 AND CO Yes 31-Jul-2027


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 XTGlobal Infotech Limited XTGlobal INC Subsidiary Sale of goods or services 338487000 No Remarks 338487000 0 28864000
2 XTGlobal Infotech Limited Network Objects INC Subsidiary Sale of goods or services 4125000 No Remarks 4125000 1696000 1466000
3 XTGlobal Infotech Limited Vuppuluri Sreedevi Whole Time Director Remuneration 600000 No Remarks 600000 0 0
4 XTGlobal Infotech Limited Raghuram Kusuluri Chief Financial Officer Remuneration 1371000 No Remarks 1371000 0 0
5 XTGlobal Infotech Limited Sridhar Pentela Company Secretary Remuneration 595000 No Remarks 595000 0 0
6 XTGlobal Infotech Limited Srinivasa Raju Kosuri Director Loan 60004000 No Remarks 60004000 0 44866000
7 XTGlobal Infotech Limited Venkata Appala Narasimha Rajut Director Any other transaction 0 No Remarks 170000 0 0
8 XTGlobal Infotech Limited Karuturi Sai baba Director Any other transaction 0 No Remarks 150000 0 0
9 XTGlobal Infotech Limited Kosuri Srinivasa Raju Director Any other transaction 0 No Remarks 20000 0 0
10 XTGlobal Infotech Limited M Jagannatha Prasad Director Any other transaction 0 No Remarks 100000 0 0
11 XTGlobal Infotech Limited Pendyala S Chakravarthy Director Any other transaction 0 No Remarks 60000 0 0
12 XTGlobal Inc Harika Mullapudi Director Remuneration No Remarks 6078000 0 0
13 XTGlobal Inc Ramarao Mullapudi Director Remuneration No Remarks 22833000 0 0
14 XTGlobal Inc Jitesh Mullapudi Director Remuneration No Remarks 2537000 0 0
15 Network Objects Inc Srinivasa raju kosuri Director Loan No Remarks 2496000 0 110883000
16 Network Objects Inc Jagadeesh varma Director Loan No Remarks 0 0 697000
Total value of transaction during the reporting period 439626000