Xchanging Solutions Ltd.

The sales slipped to Rs. 85.80 millions for the September 2023 quarter as against Rs. 101.60 millions during the year-ago period.An average growth of 37.74% was recorded for the quarter ended September 2023 to Rs. 51.10  millions from Rs. 37.10 millions.Operating profit surged to 73.10 millions from the corresponding previous quarter of 59.00 millions.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202309	202209	% Var	202309	202209	% Var	202303	202203	% Var
Sales	85.80	101.60	-15.55	174.60	203.50	-14.20	381.10	438.50	-13.09
Other Income	50.00	23.90	109.21	81.70	41.20	98.30	93.90	83.30	12.73
PBIDT	73.10	59.00	23.90	136.20	111.40	22.26	194.90	238.60	-18.32
Interest	0.20	0.20	0.00	0.40	0.50	-20.00	1.00	1.60	-37.50
PBDT	72.90	58.80	23.98	1967.30	110.90	1673.94	193.90	237.00	-18.19
Depreciation	1.50	1.50	0.00	3.00	3.00	0.00	6.00	8.90	-32.58
PBT	71.40	57.30	24.61	1964.30	107.90	1720.48	187.90	228.10	-17.62
TAX	20.30	20.20	0.50	217.00	7.90	2646.84	41.00	6.20	561.29
Deferred Tax	0.50	15.30	-96.73	2.80	28.80	-90.28	30.30	7.60	298.68
PAT	51.10	37.10	37.74	1747.30	100.00	1647.30	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(%)	85.20	58.07	46.71	78.01	54.74	42.50	51.14	54.41	-6.01