Xchanging Solutions Ltd.

Net sales declined -12.86%  to  Rs. 88.80 million from Rs. 101.90 millions.The Net Profit of the company reported a remarkable increase of 2596.66% to Rs. 1696.20  millions  from Rs. 62.90 millions in previous same quarter.The company reported a good operating profit of 63.10 millions compared to 52.40 millions of corresponding previous quarter.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202306	202206	% Var	202306	202206	% Var	202303	202203	% Var
Sales	88.80	101.90	-12.86	88.80	101.90	-12.86	381.10	438.50	-13.09
Other Income	31.70	17.30	83.24	31.70	17.30	83.24	93.90	83.30	12.73
PBIDT	63.10	52.40	20.42	63.10	52.40	20.42	194.90	238.60	-18.32
Interest	0.20	0.30	-33.33	0.20	0.30	-33.33	1.00	1.60	-37.50
PBDT	1894.40	52.10	3536.08	1894.40	52.10	3536.08	193.90	237.00	-18.19
Depreciation	1.50	1.50	0.00	1.50	1.50	0.00	6.00	8.90	-32.58
PBT	1892.90	50.60	3640.91	1892.90	50.60	3640.91	187.90	228.10	-17.62
TAX	196.70	-12.30	-1699.19	196.70	-12.30	-1699.19	41.00	6.20	561.29
Deferred Tax	2.30	13.50	-82.96	2.30	13.50	-82.96	30.30	7.60	298.68
PAT	1696.20	62.90	2596.66	1696.20	62.90	2596.66	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(%)	71.06	51.42	38.18	71.06	51.42	38.18	51.14	54.41	-6.01