XCHANGING quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Xchanging Solutions Ltd reported sales of ₹53 Cr, operating profit of ₹18 Cr (OPM 35%) and net profit of ₹15 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
XCHANGING quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
46
51
50
53
49
51
54
53
Expenses
31
33
34
36
33
32
36
35
Operating Profit
14
17
16
17
16
19
18
18
OPM
31%
34%
33%
32%
33%
37%
34%
35%
Other Income
4
4
4
3
3
3
4
4
Interest
2
2
1
1
1
1
1
1
Depreciation
0
0
0
0
0
0
0
0
Profit before tax
16
20
19
19
18
21
20
21
Tax
12%
25%
27%
14%
27%
22%
26%
28%
Net Profit
14
15
14
16
13
16
15
15
EPS in Rs
1.3
1.32
1.24
1.46
1.18
1.46
1.36
1.36
XCHANGING profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
174
174
174
185
203
207
Expenses
121
125
128
132
134
135
Operating Profit
53
50
47
53
69
72
OPM
31%
28%
27%
29%
34%
35%
Other Income
9
11
22
17
14
14
Interest
0
0
2
6
5
5
Depreciation
1
1
1
0
0
0
Profit before tax
61
60
66
63
77
80
Tax
14%
25%
79%
22%
22%
-
Net Profit
53
45
14
50
59
60
EPS in Rs
4.72
4.03
1.23
4.45
5.34
5.36
Dividend Payout
0%
0%
2,765%
45%
37%
-
XCHANGING balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
111
111
111
111
111
Reserves
243
247
256
285
303
Borrowings
105
85
89
71
48
Other Liabilities
64
60
57
56
47
Total Liabilities
523
504
513
523
510
Fixed Assets
159
158
158
158
158
CWIP
0
0
0
0
0
Investments
0
0
0
0
0
Other Assets
364
346
354
364
351
Total Assets
523
504
513
523
510
XCHANGING cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
35
42
-12
49
41
Cash from Investing Activity
15
34
37
16
20
Cash from Financing Activity
-1
0
-232
-72
-50
Net Cash Flow
49
75
-207
-8
11
Free Cash Flow
35
42
-12
49
41
CFO/OP
84%
113%
98%
109%
96%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit