5326162026-07-012026-09-305326162026-09-305326162026-03-315326162026-04-012026-09-305326162026-07-012026-09-30in-capmkt:OtherExpenses1Member5326162026-07-012026-09-30in-capmkt:OtherExpenses2Member5326162026-04-012026-09-30in-capmkt:OtherExpenses1Member5326162026-04-012026-09-30in-capmkt:OtherExpenses2Member5326162026-09-30OtherNoncurrentAssetsDomain15326162026-09-30OtherNoncurrentAssetsDomain25326162026-09-30OtherCurrentFinancialAssetsDomain15326162026-09-30OtherCurrentAssetsDomain15326162026-09-30OtherCurrentFinancialLiabilitiesDomain15326162026-09-30OtherCurrentLiabilitiesDomain15326162026-07-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15326162026-04-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15326162026-07-012026-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15326162026-04-012026-09-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares532616XCHANGINGNOTLISTEDINE692G01013Xchanging Solutions LimitedMain BoardEquity2026-04-012027-03-312026-10-302026-10-23INRLakhsQuarterlySecond quarterSingle segmentIT services2026-10-3011:34:002026-10-3011:39:00trueCash Flow IndirectNot applicable2026-07-012026-09-30UnauditedConsolidated53210000036500000568600000000147500000109000000200300000358700000209900000020990000058500000-500000580000000151900000000015190000056000001575000001114000000101.361.36001.361.361. The consolidated unaudited financial results for the quarter and six months ended September 30, 2026 have 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 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular dated July 5, 2016. <br /> 2. The above consolidated 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 their respective meetings held on October 30, 2026. The Limited Review as required under Regulation 33 of SEBI (Listing Obligations and Disclosures Regulations) 2015 has been completed by the statutory auditors of the Company. <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.During the quarter ended September 30, 2026, the Group reassessed the deferred tax liability that had been recognised on Foreign Currency Translation Reserve (“FCTR”) arising on translation of foreign subsidiaries in earlier periods, considering that the Group controls the timing of reversal of the related temporary differences and they are not expected to reverse in the foreseeable future, and that the deferred tax liability relating to FCTR on certain underlying net investments in foreign operations that were settled in earlier periods. Accordingly, the net deferred tax liability of Rs 998 carried as at March 31, 2026 has been reversed in the current quarter, with a corresponding credit to FCTR, and deferred tax of Rs 4 recognised in other comprehensive income during the quarter ended June 30, 2026 has also been reversed in the current quarter through other comprehensive income. Management has assessed the overall effect of these matters as not material to the consolidated financial results, including comparative periods and accordingly, the adjustment have been made in the current quarter and the comparatives have not been restated. <br /> 5. The Board of Directors of the Company had considered and recommended final dividend of Rs 2 per equity share (face value of Rs 10 each) amounting to Rs 2,228 for the financial year ended March 31, 2026 at their meeting held on May 21, 2026 and the same was approved by the shareholders at their Annual General Meeting held on September 15, 2026. The aforesaid dividend was paid on September 25, 2026. 2026-04-012026-09-30UnauditedConsolidated106850000072100000114060000000029760000021800000040670000072610000041450000004145000001107000007000001114000000303100000000030310000050000003081000001114000000102.722.72002.722.72Project work expenses166400000Other expenses33900000Project work expenses339200000Other expenses675000001000001584100000000013000000181000000177820000000119500000300880000078000000164700000330080000019800000332060000050988000001114000000303170000041457000004145700000479100000479100000132000004923000000100000140600000140700000447000001854000001870000066000002501000004608000009531000005098800000Income tax assets (net)161300000Other non-current assets19700000Other financial assets164700000Other current assets19800000Other financial liabilities44700000Other current liabilities18700000218000000475000000-610000000-62000000-153000000-32000000001800000300000140000003000000705000000000-100000000-29200000385300000000895000000295800000000000001000000000000000000000000077200000007820000000000000023750000002228000002270000000-483000000-1090000007800000-10120000031100000003008800000Remeasurements gains/ (losses) on defined benefit plans12000001200000Remeasurements gains/ (losses) on defined benefit plans22000002200000300000600000Exchange differences in translating the financial statements of foreign operations51000005100000Exchange differences in translating the financial statements of foreign operations34000003400000400000056000005000000