Xchanging Solutions Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	2,029	1,849	1,744	1,744	1,743
Other Revenue	135.9	-	-	-	-
Revenue	2,165	1,849	1,744	1,744	1,743
Revenue Growth (YoY)	17.10%	6.01%	-	0.09%	-10.97%
Cost of Revenue	1,213	639.2	613.5	634.8	629.3
Gross Profit	952.5	1,210	1,131	1,109	1,113
Selling, General & Admin	-	2.2	1.2	1.2	0.8
Other Operating Expenses	131.4	677.1	658.4	612.1	576
Operating Expenses	131.5	682.2	665	619.4	585.9
Operating Income	821	527.6	465.7	490	527.5
Interest Expense	-54	-63.6	-18.7	-1	-1.6
Interest & Investment Income	-	167	192.4	98.4	69.2
Currency Exchange Gain (Loss)	-	0.2	-3.5	3.4	-0.3
Other Non Operating Income (Expenses)	-	2.4	23.5	2	12.8
EBT Excluding Unusual Items	767	633.6	659.4	592.8	607.6
Gain (Loss) on Sale of Assets	-	0.3	1.6	0.2	-
Other Unusual Items	-	0.2	0.8	3	1.1
Pretax Income	767	634.1	661.8	596	608.7
Income Tax Expense	172.5	138.3	524.8	147	83
Net Income	594.5	495.8	137	449	525.7
Net Income to Common	594.5	495.8	137	449	525.7
Net Income Growth	19.91%	261.90%	-69.49%	-14.59%	-15.81%
Shares Outstanding (Basic)	111	111	111	111	111
Shares Outstanding (Diluted)	111	111	111	111	111
Shares Change (YoY)	-0.07%	-	-	-	-
EPS (Basic)	5.34	4.45	1.23	4.03	4.72
EPS (Diluted)	5.34	4.45	1.23	4.03	4.72
EPS Growth	19.99%	261.90%	-69.48%	-14.60%	-15.73%
Free Cash Flow	411.5	467.5	-120.8	420.3	348.8
Free Cash Flow Per Share	3.70	4.20	-1.08	3.77	3.13
Dividend Per Share	-	2.000	32.000	-	-
Dividend Growth	-	-93.75%	-	-	-
Gross Margin	43.99%	65.43%	64.83%	63.61%	63.89%
Operating Margin	37.92%	28.53%	26.70%	28.09%	30.27%
Profit Margin	27.46%	26.81%	7.85%	25.74%	30.17%
Free Cash Flow Margin	19.01%	25.28%	-6.93%	24.10%	20.02%
EBITDA	821.1	528.4	467.1	491.8	530.5
EBITDA Margin	37.92%	28.58%	26.78%	28.20%	30.44%
D&A For EBITDA	0.1	0.8	1.4	1.8	3
EBIT	821	527.6	465.7	490	527.5
EBIT Margin	37.92%	28.53%	26.70%	28.09%	30.27%
Effective Tax Rate	22.49%	21.81%	79.30%	24.66%	13.64%
Revenue as Reported	2,165	2,019	1,963	1,851	1,828
Advertising Expenses	-	0.4	0.6	0.6	0.3

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