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Xtglobal Infotech LimitedBoard Meeting, 30-05-2025: Outcome of Board Meeting

30-05-2025 | 12:24 pm

XTGlobal Infotech has announced a board meeting on May 30, 2025, approving the financial results for the quarter and half-year. Consolidated revenue grew to ₹234.14 Cr from ₹217.13 Cr, while profit before tax declined to ₹13.31 Cr from ₹15.39 Cr. Higher employee and subcontractor costs, including ₹3.73 Cr in ESOP/RSU expenses, weighed on margins. Net profit slipped to ₹9.91 Cr from ₹11.67 Cr. Network Objects Inc became a subsidiary from January 2025, affecting year-on-year comparisons. No dividend declared.

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