Xchanging Solutions Ltd.

The sales declined to Rs. 101.60 millions for the September 2022 quarter as compared to Rs. 110.40 millions during the corresponding quarter last year.The Net Profit of the company slipped to Rs. 37.10 millions from Rs. 112.90 millions, a decline of -67.14% on QoQ basis.Operating Profit reported a sharp decline to 59.00 millions from 63.60 millions in the corresponding previous quarter.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202209	202109	% Var	202209	202109	% Var	202203	202103	% Var
Sales	101.60	110.40	-7.97	203.50	207.40	-1.88	438.50	409.70	7.03
Other Income	23.90	19.60	21.94	41.20	40.70	1.23	83.30	145.10	-42.59
PBIDT	59.00	63.60	-7.23	111.40	110.50	0.81	238.60	233.20	2.32
Interest	0.20	0.40	-50.00	0.50	1.00	-50.00	1.60	2.50	-36.00
PBDT	58.80	63.20	-6.96	110.90	109.50	1.28	237.00	230.70	2.73
Depreciation	1.50	2.30	-34.78	3.00	4.50	-33.33	8.90	8.70	2.30
PBT	57.30	60.90	-5.91	107.90	105.00	2.76	228.10	222.00	2.75
TAX	20.20	-52.00	-138.85	7.90	-35.70	-122.13	6.20	39.90	-84.46
Deferred Tax	15.30	1.30	1076.92	28.80	3.10	829.03	7.60	-0.40	-2000.00
PAT	37.10	112.90	-67.14	100.00	140.70	-28.93	221.90	182.10	21.86
Equity	1114.00	1114.00	0.00	1114.00	1114.00	0.00	1114.00	1114.00	0.00
PBIDTM(%)	58.07	57.61	0.80	54.74	53.28	2.75	54.41	56.92	-4.40