XCHANGING2023-10-012023-12-31 XCHANGING2023-10-012023-12-31 XCHANGING2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member XCHANGING2023-10-012023-12-31in-bse-fin:OneOperatingExpenses02Member XCHANGING2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member XCHANGING2023-10-012023-12-31in-bse-fin:FourOperatingExpenses02Member XCHANGING2023-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532616 XCHANGING NOTLISTED Xchanging Solutions Limited Equity 2023-04-01 2024-03-31 2024-02-13 2024-01-30 INR Lakhs Third quarter 17:15:00 18:40:00 2024-02-13 2024-02-13 Not applicable Single segment Information Technology Services 2023-10-01 2023-12-31 Unaudited Standalone 87000000.00 729700000.00 816700000.00 0.00 0.00 0.00 42100000.00 200000.00 1200000.00 26800000.00 70300000.00 746400000.00 1265000000.00 2011400000.00 163800000.00 0.00 163800000.00 0.00 1847600000.00 0.00 0.00 0.00 0.00 1847600000.00 400000.00 1848000000.00 0.00 0.00 1114000000.00 10 16.59 16.59 0.00 0.00 16.59 16.59 Notes: 1. The Statement has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 Interim financial Reporting , prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules thereunder and in terms or the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular dated July 5, 2016. 2. The above financial results of Xchanging Solutions Limited (the Company) have been reviewed and recommended by the Audit Committee to the Board, and approved by the Board of Directors at its meeting held on February 13, 2024. The Limited Review as required under Regulation 33 of SEBI (Listing Obligations and Disclosures Regulations) 2015 has been completed by Deloitte Haskins & Sells LLP, the statutory auditors of the Company. 3. In accordance with Ind AS 108 - “Operating Segments” the Company has identified single operating segment viz., Information Technology (IT) services and accordingly the above results relate to this segment. 4. The Company had earlier given an unsecured loan of USD 38 Million during the Financial Year 2002 to 2008 to Xchanging Solutions USA Inc, wholly owned subsidiary of the Company which was fully provided as at March 31, 2023. On June 21, 2023 and December 22, 2023, the Company has received USD 23 Million (INR 18,315) and USD 15 Million (INR 12,650) respectively as repayment of this loan. Accordingly, the amounts of INR 18,315 and INR 12,650 are recognized as other income and disclosed as exceptional items during the quarter ended June 30, 2023 and during the quarter ended December 31, 2023 respectively. The tax expenses of INR 2,013 and INR 1,430 on account of exchange gain on repatriation are included in the current tax expenses during the quarter ended June 30, 2023 and during the quarter ended December 31, 2023 respectively. 5. The Board of Directors of the Company at their meeting held on February 13, 2024, has approved second interim dividend of INR 15 per equity share of face value of INR 10 each for the financial year ending March 31, 2024. 6. The Company has received an interim dividend from Xchanging Solutions (Singapore) Pte Limited, wholly owned subsidiary of the Company, amounting to INR 6,868 (SGD 11 Million) on December 15, 2023. 7. Figures for the previous periods have been regrouped and reclassified, wherever necessary. Single segment 2023-04-01 2023-12-31 Unaudited Standalone 261600000.00 811400000.00 1073000000.00 0.00 0.00 0.00 129500000.00 600000.00 4200000.00 59500000.00 193800000.00 879200000.00 3096500000.00 3975700000.00 378000000.00 2800000.00 380800000.00 0.00 3594900000.00 0.00 0.00 0.00 0.00 3594900000.00 1100000.00 3596000000.00 0.00 0.00 1114000000.00 10 32.27 32.27 0.00 0.00 32.27 32.27 Other expenses 15100000.00 Project work expenses 11700000.00 Other expenses 35300000.00 Project work expenses 24200000.00 600000.00 1500000.00 200000.00 400000.00 0.00 0.00