The Exchange had sought clarification from Xchanging Solutions Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Limited Review Report/ Independent Auditor's Report is not in the format prescribed by SEBI The response of the Company is enclosed.
XCHANGING · price
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Awaiting price reaction for this filing.
NSE had sought clarification from Xchanging Solutions Limited on its Q4 and FY25 financial results under Regulation 33 of the SEBI Listing Regulations. Two issues were flagged: (1) the financial results were not submitted in machine-readable/legible format, and (2) the standalone auditor's report contained a typographical error stating 'March 21, 2025' instead of 'March 31, 2025'. The company has resubmitted the results in machine-readable form and corrected the typo, clarifying that no other changes were made to the underlying numbers. The attached audited results show FY25 standalone revenue of Rs 3,869 lakhs (vs Rs 3,683 lakhs) and standalone net profit of Rs 1,959 lakhs (vs Rs 36,650 lakhs in FY24, which had a one-time exceptional gain of Rs 30,965 lakhs). Consolidated FY25 revenue rose to Rs 18,490 lakhs (vs Rs 17,442 lakhs) with consolidated net profit of Rs 4,958 lakhs (vs Rs 1,370 lakhs). The Board has recommended a final dividend of Rs 2 per share.
This is a procedural/compliance clarification with no change to the reported financials, so it is largely neutral for the stock. The resubmission simply resolves NSE's queries and closes a regulatory formality, allowing the FY25 results to stand on record as originally filed.