XTGLOBAL2025-01-012025-03-31XTGLOBAL2025-03-31XTGLOBAL2024-03-31XTGLOBAL2024-04-012025-03-31XTGLOBAL2025-01-012025-03-31in-capmkt:OtherExpenses1MemberXTGLOBAL2025-01-012025-03-31in-capmkt:OtherExpenses2MemberXTGLOBAL2025-01-012025-03-31in-capmkt:OtherExpenses3MemberXTGLOBAL2025-01-012025-03-31in-capmkt:OtherExpenses4MemberXTGLOBAL2025-01-012025-03-31in-capmkt:OtherExpenses5MemberXTGLOBAL2025-01-012025-03-31in-capmkt:OtherExpenses6MemberXTGLOBAL2025-01-012025-03-31in-capmkt:OtherExpenses7MemberXTGLOBAL2025-01-012025-03-31in-capmkt:OtherExpenses8MemberXTGLOBAL2025-01-012025-03-31in-capmkt:OtherExpenses9MemberXTGLOBAL2025-01-012025-03-31in-capmkt:OtherExpenses10MemberXTGLOBAL2024-04-012025-03-31in-capmkt:OtherExpenses1MemberXTGLOBAL2024-04-012025-03-31in-capmkt:OtherExpenses2MemberXTGLOBAL2024-04-012025-03-31in-capmkt:OtherExpenses3MemberXTGLOBAL2024-04-012025-03-31in-capmkt:OtherExpenses4MemberXTGLOBAL2024-04-012025-03-31in-capmkt:OtherExpenses5MemberXTGLOBAL2024-04-012025-03-31in-capmkt:OtherExpenses6MemberXTGLOBAL2024-04-012025-03-31in-capmkt:OtherExpenses7MemberXTGLOBAL2024-04-012025-03-31in-capmkt:OtherExpenses8MemberXTGLOBAL2024-04-012025-03-31in-capmkt:OtherExpenses9MemberXTGLOBAL2024-04-012025-03-31in-capmkt:OtherExpenses10MemberXTGLOBAL2025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1XTGLOBAL2024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1XTGLOBAL2025-01-012025-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares531225XTGLOBALNOTLISTEDINE547B01028XTGLOBAL INFOTECH LIMITEDMain BoardEquity2024-04-012025-03-312025-05-302025-05-23INRLakhsQuarterlyFourth quarterSingle segmentIT ITES2025-05-3010:00:002025-05-3012:15:00trueCash Flow IndirectDeclaration of unmodified opinion2025-01-012025-03-31AuditedConsolidated870488000-235700086813100000048658200079210001928200034049700085428200013849000013849000-24340002703000269000013580000000013580000-32850001029500026643007630600266430076306001335620001335.620.020.02000.020.021. The above statement of unaudited consolidated 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 audit committee and thereafter approved by the meeting of the Board of Directors of the company held on May 30th 2025. <BR> <BR> 2. 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. <BR> <BR> The fair value of the options has been calculated using the Black Scholes model considering the 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. <BR> <BR> The issuance of ESOPs and RSUs has resulted in increase in employee costs to the tune of Rs 15444 lakhs for the current quarter ended and Rs 37322 lakhs for the current year ended and also a corresponding increase in the reserves of the company. <BR> <BR> 3. Effective December 31 2024 the company increased its stake in Network Objects Inc from 4433 percent to 5133 percent thereby obtaining control. Accordingly Network Objects Inc has become a subsidiary from that date. In accordance with Ind AS 110 on Consolidated Financial Statements the company has consolidated the financial results of Network Objects Inc on a line by line basis from January 1 2025 onwards. <BR> <BR> For the period prior to December 31 2024 the results of the said entity were accounted for under the equity method as an associate. Consequently the results for the quarter and year ended March 31 2025 include the full consolidation of the subsidiary from January 1 to March 31 2025 and therefore are not comparable with the corresponding periods of the previous year or earlier quarters. The effect of this change has been appropriately disclosed and accounted for as per applicable accounting standards. <BR> <BR> 4. 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. <BR> 2024-04-012025-03-31AuditedConsolidated2341392000182330002359625000000143851200031937000786440006785810002227674000131951000013195100024526000943400033960000097991000000112400099115000-3285000958300008820070076306008820070076306001335620001335.6216919300000.660.66000.660.66Cost of technical subcontractors317948000Rent2994000Power and fuel1735000Software and licences9164000Fee for professional services-10120000Insurance2181000Recruitment and training882000Travel and conveyance5109000General office expenses1666000Other Expenses8938000Cost of technical subcontractors553526000Rent12663000Power and fuel7486000Software and licences48632000Fee for professional services9035000Insurance7368000Recruitment and training4617000Travel and conveyance10722000General office expenses6377000Other Expenses181550007936260000051350000043029000000000000137012000148716700000423223000866210002102900012012600025976400091076300019250000750200001005033000002492200000133562000169193000018254920007399900018994910009515200000036284000131436000403640001884600000190646000235838000010891100010891100031556000376305000111840001457400000402063000005927090002492200000319370000-1408300000-1089670000001719100000-7187300078644000000000025710003732200000025390007637900004651800017846900000011502000016696700000000000053640000000000000000000000060950007310000073630000000089279000155324000003193700000-9061900077079000077079000954200086621000Items not be reclassified to profit or (loss)-3285000-3285000Items not be reclassified to profit or (loss)-3285000-32850000000-3285000-3285000AuditedtrueC RAMACHANDRAM AND COtrue2027-07-31