XCHANGING2024-04-012024-06-30 XCHANGING2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member XCHANGING2024-04-012024-06-30in-bse-fin:OneOperatingExpenses02Member XCHANGING2024-06-30 XCHANGING2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532616 XCHANGING NOTLISTED Xchanging Solutions Limited Equity 2024-04-01 2025-03-31 2024-08-09 2024-07-30 INR Lakhs First quarter 11:45:00 12:30:00 2024-08-09 2024-08-09 Not applicable Single segment Information Technology Services 2024-04-01 2024-06-30 Unaudited Standalone 94800000.00 54300000.00 149100000.00 0.00 0.00 0.00 39700000.00 200000.00 1200000.00 37600000.00 78700000.00 70400000.00 0.00 70400000.00 8800000.00 10800000.00 19600000.00 0.00 50800000.00 0.00 0.00 0.00 0.00 50800000.00 -600000.00 50200000.00 0.00 0.00 1114000000.00 10 0.46 0.46 0.00 0.00 0.46 0.46 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 August 9, 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 figures for the quarter ended March 31, 2024 are the balancing figures between audited figures of the full financial year ended March 31, 2024 and the published year to date figures upto the third quarter ended December 31, 2023, wherein limited review was performed by the statutory auditors of the Company. The statutory auditors have performed a limited review on the results for the quarter ended March 31, 2024. 5. 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. 6. The Board of Directors of the Company had considered and recommended final dividend of INR 2 per equity share (including special dividend of INR 2 per equity share) (face value of INR 10 each) amounting to INR 4,456 for the financial year ended March 31, 2024 at their meeting held on May 23, 2024 and the same was approved by the shareholders at their annual general meeting held on July 24, 2024. The aforesaid dividend was paid on July 30, 2024. Other expenses 18900000.00 Project work expenses 18700000.00 Remeasurements gains/ (losses) on defined benefit plans -800000.00 -800000.00 -200000.00 0.00