Xchanging Solutions Limited (NSE:XCHANGING)

Accolade Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	1,849	1,744	1,744	1,743	1,957
Revenue Growth (YoY)	6.01%	-	0.09%	-10.97%	7.40%
Cost of Revenue	639.2	613.5	634.8	629.3	751.1
Gross Profit	1,210	1,131	1,109	1,113	1,206
Selling, General & Admin	2.2	1.2	1.2	0.8	1.1
Other Operating Expenses	677.1	658.4	612.1	576	640.2
Operating Expenses	682.2	665	619.4	585.9	655.1
Operating Income	527.6	465.7	490	527.5	551.2
Interest Expense	-63.6	-18.7	-1	-1.6	-2.6
Interest & Investment Income	167	192.4	98.4	69.2	124.7
Currency Exchange Gain (Loss)	0.2	-3.5	3.4	-0.3	1.4
Other Non Operating Income (Expenses)	2.4	23.5	2	12.8	21.9
EBT Excluding Unusual Items	633.6	659.4	592.8	607.6	696.6
Gain (Loss) on Sale of Assets	0.3	1.6	0.2	-	-
Other Unusual Items	0.2	0.8	3	1.1	0.1
Pretax Income	634.1	661.8	596	608.7	696.7
Income Tax Expense	138.3	524.8	147	83	72.3
Net Income	495.8	137	449	525.7	624.4
Net Income to Common	495.8	137	449	525.7	624.4
Net Income Growth	261.90%	-69.49%	-14.59%	-15.81%	14.15%
Shares Outstanding (Basic)	111	111	111	111	111
Shares Outstanding (Diluted)	111	111	111	111	111
EPS (Basic)	4.45	1.23	4.03	4.72	5.60
EPS (Diluted)	4.45	1.23	4.03	4.72	5.60
EPS Growth	261.90%	-69.48%	-14.60%	-15.73%	14.05%
Free Cash Flow	467.5	-120.8	420.3	348.8	614.2
Free Cash Flow Per Share	4.20	-1.08	3.77	3.13	5.51
Dividend Per Share	2.000	32.000	-	-	-
Dividend Growth	-93.75%	-	-	-	-
Gross Margin	65.43%	64.83%	63.61%	63.89%	61.63%
Operating Margin	28.53%	26.70%	28.09%	30.27%	28.16%
Profit Margin	26.81%	7.85%	25.74%	30.17%	31.90%
Free Cash Flow Margin	25.28%	-6.93%	24.10%	20.02%	31.38%
EBITDA	528.4	467.1	491.8	530.5	553.5
EBITDA Margin	28.58%	26.78%	28.20%	30.44%	28.28%
D&A For EBITDA	0.8	1.4	1.8	3	2.3
EBIT	527.6	465.7	490	527.5	551.2
EBIT Margin	28.53%	26.70%	28.09%	30.27%	28.16%
Effective Tax Rate	21.81%	79.30%	24.66%	13.64%	10.38%
Revenue as Reported	2,019	1,963	1,851	1,828	2,117
Advertising Expenses	0.4	0.6	0.6	0.3	0.6

Source: S&P Global Market Intelligence. Standard template. Financial Sources.