5312252025-04-012025-06-305312252025-04-012025-06-30in-capmkt:OtherExpenses1Member5312252025-04-012025-06-30in-capmkt:OtherExpenses2Member5312252025-04-012025-06-30in-capmkt:OtherExpenses3Member5312252025-04-012025-06-30in-capmkt:OtherExpenses4Member5312252025-04-012025-06-30in-capmkt:OtherExpenses5Member5312252025-04-012025-06-30in-capmkt:OtherExpenses6Member5312252025-04-012025-06-30in-capmkt:OtherExpenses7Member5312252025-04-012025-06-30in-capmkt:OtherExpenses8Member5312252025-04-012025-06-30in-capmkt:OtherExpenses9Member5312252025-04-012025-06-30in-capmkt:OtherExpenses10Memberiso4217:INRiso4217:INRxbrli:shares531225XTGLOBALNOTLISTEDINE547B01028XTGLOBAL INFOTECH LIMITEDMain BoardEquity2025-04-012026-03-312025-08-052025-07-29INRLakhsQuarterlyFirst quarterSingle segmentIT/ITES2025-08-0510:00:002025-08-0511:10:00Not applicable2025-04-012025-06-30UnauditedConsolidated923056000605000923661000000465252000794000017035000392266000882493000411680000411680008479000-466500038140000373540000000373540000373540002930000080540000013356200010.220.22000.220.22Notes: <BR> 1. 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 August 05th, 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/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> Th 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> The issuance of ESOPs and RSUs has resulted in increase in employee costs to the tune of Rs. 60.23 lakhs for the current quarter ended and also a corresponding increase in the reserves of the company. <BR> 3. Effective December 31, 2024, the Company increased its stake in Network Objects Inc from 44.33% to 51.33%, 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 ended June 30th, 2025 and quarter and year ended March 31, 2025, include the full consolidation of the subsidiary, and therefore are not comparable with the quarter ended on June 30th, 2024. The effect of this change has been appropriately disclosed and accounted for as per applicable accounting standards. <BR> 4. The results stated above are also available on stock exchange website www.bseindia.com www.nseindia.com and also on the website of the company at www.xtglobal.com. Cost of technical subcontractors349173000Rent3467000Power and fuel3210000Software and licences16313000Fee for professional services2695000Insurance2106000Recruitment and training287000Travel and conveyance8118000General office expenses3688000Other Expenses3209000000