5326162025-01-012025-03-315326162025-03-315326162024-03-315326162024-04-012025-03-315326162025-01-012025-03-31in-capmkt:OtherExpenses1Member5326162025-01-012025-03-31in-capmkt:OtherExpenses2Member5326162024-04-012025-03-31in-capmkt:OtherExpenses1Member5326162024-04-012025-03-31in-capmkt:OtherExpenses2Member5326162025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15326162024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15326162025-01-012025-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15326162024-04-012025-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15326162025-01-012025-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares532616XCHANGINGNOTLISTEDINE692G01013XCHANGING SOLUTIONS LIMITEDMain BoardEquity2024-04-012025-03-312025-05-212025-05-15INRLakhsQuarterlyFourth quarterSingle segmentIT services2025-05-2112:15:002025-05-2115:34:00trueCash Flow IndirectDeclaration of unmodified opinion2025-01-012025-03-31UnauditedConsolidated5074000003690000054430000000016380000015000000200000170100000349100000195200000019520000049000000-300000487000000146500000000014650000064000001529000001114000000101.321.32001.321.321. The Statement has been prepared in accordance with Indian Accounting Standards ('Ind AS') prescribed under section 133 of the Companies Act, 2013 read with the relevant rules thereunder and in terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular dated July 5, 2016. <BR> 2. The above financial results of Xchanging Solutions Limited (the Company) and its subsidiaries (the Company and its subsidiaries together referred to as “the Group”) have been reviewed and recommended by the Audit Committee to the Board, and approved by the Board of Directors at its meeting held on May 21, 2025. The Audit of financial results for the year ended March 31, 2025 and limited review of financial results for the quarter ended March 31, 2025 have been completed by Deloitte Haskins & Sells LLP, the statutory auditors of the Company and they have issued an unmodified report on the aforesaid results. <BR> 3. In accordance with Ind AS 108 - “Operating Segments” the Group has identified single operating segment viz., Information Technology (IT) services and accordingly the above results relate to this segment. <BR> 4. The figures for the current quarter and the quarter ended March 31, 2024 are the balancing figures between audited figures of the full financial year ended March 31, 2025 and March 31, 2024, respectively and published year to date figures upto the third quarter ended December 31, 2024 and December 31, 2023, respectively, which were subjected to limited review by the statutory auditors of the Company. The statutory auditors have performed a limited review on the results for the quarter ended March 31, 2025. <BR> 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. As the inter-company loans which have been treated as net investment in foreign operations in the financial statements, are eliminated on consolidation, this doesn’t have any impact on consolidated results except the tax expense of INR 2,433 and INR 1,430 during the quarter ended June 30, 2023 and during the quarter ended December 31, 2023 respectively on account of exchange gain on repatriation and overseas withholding taxes which are included in the current tax expenses. <BR> 6. The Board of Directors of the Company has considered and recommended final dividend of INR 2 per equity share (face value of INR 10 each) amounting to INR 2,228 for the financial year ended March 31, 2025 at their meeting held on May 21, 2025. The recommended final dividend on equity shares is subject to approval of shareholders at the ensuing annual general meeting.2024-04-012025-03-31AuditedConsolidated18490000001701000002019100000000637900000636000002900000680600000138500000063410000006341000001277000001060000013830000004958000000000495800000-290000049290000011140000001024727000004.454.45004.454.45Project work expenses138200000Other Expenses31900000Project work expenses556900000Other Expenses123700000400000001584100000000000000017020000017547000000012250000029994000006600000014780000032763000000114000003287700000005042400000111400000024727000003586700000358670000064100000000006410000001130000083900000007362000002137000001000001927000001928000001010000041660000029500000810000026530000007195000000014557000005042400000636000000-60000000254000001900000003800000095000000-8500000029000000-7000000-3000000-49000000-50000001506000000000-1000000-2000000-5750000057660000000010910000004675000000000000050000000000000000000000001441000000-320000014140000000000000018790000025000004456000006420000000-700200000-9130000013800000-7750000030769000002999400000Remeasurements gains/ (losses) on defined benefit plans43000004300000Remeasurements gains/ (losses) on defined benefit plans5300000530000010000001300000Exchange differences in translating the financial statements of foreign operations41000004100000Exchange differences in translating the financial statements of foreign operations-9200000-92000001000000-23000006400000-2900000AuditedtrueDELOITTE HASKINS & SELLS LLPtrue2027-07-31