Xchanging Solutions Ltd's Q3FY25 Quarter Results
- 01 Feb 2025
Result Summary
- Xchanging Solutions Ltd reported a 2.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 5.1%.
- Its expenses for the quarter were down by 6.2% QoQ and up 5.2% YoY.
- The net profit increased 47.5% QoQ and decreased 509.0% YoY.
- The earnings per share (EPS) of Xchanging Solutions Ltd stood at 1.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 49.51 | 48.34 | 47.10 | 2.4% | 5.1% |
Total Expenses | 33.13 | 35.31 | 31.49 | -6.2% | 5.2% |
Profit Before Tax | 16.38 | 13.03 | 15.61 | 25.7% | 4.9% |
Tax | 1.90 | 3.21 | 19.15 | -40.8% | -90.1% |
Profit After Tax | 14.48 | 9.82 | -3.54 | 47.5% | -509.0% |
Earnings Per Share | 1.30 | 0.90 | -0.30 | 44.4% | -533.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Xchanging Solutions Ltd is a company that operates within the business process outsourcing and technology services sectors. It offers a range of services that include insurance, financial services, and technology consulting. The company primarily focuses on providing solutions that streamline and enhance business operations for its clients. As per the data provided, there are no specific recent major developments mentioned for Xchanging Solutions Ltd. Therefore, further details on recent activities or strategic initiatives are not available in the current dataset.
Revenue
For the third quarter of fiscal year 2025 (Q3FY25), Xchanging Solutions Ltd recorded a total income of ₹49.51 crores. This represents a quarter-over-quarter (QoQ) increase of 2.4% compared to the previous quarter (Q2FY25), which had a total income of ₹48.34 crores. On a year-over-year (YoY) basis, the total income increased by 5.1% from ₹47.10 crores in Q3FY24. These figures illustrate the company's ability to generate income consistently over the periods reviewed, with a noticeable improvement over both the previous quarter and the same quarter in the prior year.
Profitability
In terms of profitability, Xchanging Solutions Ltd reported a profit before tax (PBT) of ₹16.38 crores in Q3FY25, which is a significant increase of 25.7% from Q2FY25's PBT of ₹13.03 crores. Compared to Q3FY24, where the PBT was ₹15.61 crores, there is a YoY increase of 4.9%. The company also experienced a substantial change in its profit after tax (PAT), reporting ₹14.48 crores in Q3FY25, up 47.5% from ₹9.82 crores in the previous quarter. This is a dramatic turnaround from a loss of ₹3.54 crores in Q3FY24, reflecting a YoY change of -509.0%. The earnings per share (EPS) for Q3FY25 stood at ₹1.30, which is an increase of 44.4% QoQ and a significant improvement from the negative EPS of ₹-0.30 in Q3FY24.
Operating Metrics
The company’s total expenses in Q3FY25 were ₹33.13 crores, a decrease of 6.2% from Q2FY25 where expenses were ₹35.31 crores. However, compared to Q3FY24, expenses increased by 5.2% from ₹31.49 crores. The tax expense reduced significantly to ₹1.90 crores in Q3FY25 from ₹3.21 crores in Q2FY25, a decrease of 40.8%, and from ₹19.15 crores in Q3FY24, marking a YoY decrease of 90.1%. These shifts in operating expenses and tax liabilities play a crucial role in the overall financial performance of the company across the reviewed periods.
