Xchanging Solutions Ltd.

The sales slipped to Rs. 88.90 millions for the December 2022 quarter as against Rs. 117.30 millions during the year-ago period.A big decline of -59.88% was reported for the quarter ended December 2022 to Rs. 19.30  millions from Rs. 48.10 millions of corresponding previous quarter.A decline of 37.60 millions was observed in the OP in the quarter ended December 2022 from 74.30 millions on QoQ basis.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202212	202112	% Var	202212	202112	% Var	202203	202103	% Var
Sales	88.90	117.30	-24.21	292.40	324.70	-9.95	438.50	409.70	7.03
Other Income	22.30	23.60	-5.51	63.50	64.30	-1.24	83.30	145.10	-42.59
PBIDT	37.60	74.30	-49.39	149.00	184.80	-19.37	238.60	233.20	2.32
Interest	0.30	0.30	0.00	0.80	1.30	-38.46	1.60	2.50	-36.00
PBDT	37.30	74.00	-49.59	148.20	183.50	-19.24	237.00	230.70	2.73
Depreciation	1.50	2.80	-46.43	4.50	7.30	-38.36	8.90	8.70	2.30
PBT	35.80	71.20	-49.72	143.70	176.20	-18.44	228.10	222.00	2.75
TAX	16.50	23.10	-28.57	24.40	-12.60	-293.65	6.20	39.90	-84.46
Deferred Tax	3.60	1.60	125.00	32.40	4.70	589.36	7.60	-0.40	-2000.00
PAT	19.30	48.10	-59.88	119.30	188.80	-36.81	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(%)	42.29	63.34	-33.23	50.96	56.91	-10.47	54.41	56.92	-4.40