Xchanging Solutions Ltd.

The sales for the March 2023 quarter moved down to Rs. 88.70 millions as compared to Rs. 113.80 millions during the year-ago period.The Company's Net profit for the March 2023 quarter have declined marginally to Rs. 27.60  millions as against Rs. 33.10 millions reported during the corresponding quarter ended.A decline of 45.90 millions was observed in the OP in the quarter ended March 2023 from 53.80 millions on QoQ basis.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202303	202203	% Var	202303	202203	% Var	202303	202203	% Var
Sales	88.70	113.80	-22.06	381.10	438.50	-13.09	381.10	438.50	-13.09
Other Income	30.40	19.00	60.00	93.90	83.30	12.73	93.90	83.30	12.73
PBIDT	45.90	53.80	-14.68	194.90	238.60	-18.32	194.90	238.60	-18.32
Interest	0.20	0.30	-33.33	1.00	1.60	-37.50	1.00	1.60	-37.50
PBDT	45.70	53.50	-14.58	193.90	237.00	-18.19	193.90	237.00	-18.19
Depreciation	1.50	1.60	-6.25	6.00	8.90	-32.58	6.00	8.90	-32.58
PBT	44.20	51.90	-14.84	187.90	228.10	-17.62	187.90	228.10	-17.62
TAX	16.60	18.80	-11.70	41.00	6.20	561.29	41.00	6.20	561.29
Deferred Tax	-2.10	2.90	-172.41	30.30	7.60	298.68	30.30	7.60	298.68
PAT	27.60	33.10	-16.62	146.90	221.90	-33.80	146.90	221.90	-33.80
Equity	1114.00	1114.00	0.00	1114.00	1114.00	0.00	1114.00	1114.00	0.00
PBIDTM(%)	51.75	47.28	9.46	51.14	54.41	-6.01	51.14	54.41	-6.01