Xchanging Solutions Limited has informed the Exchange about the appointment of Internal Auditor of the Company
XCHANGING · price
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The Board of Directors of Xchanging Solutions Limited (a DXC Technology subsidiary) approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, with statutory auditor Deloitte Haskins & Sells LLP issuing an unmodified opinion. Standalone revenue from operations rose modestly to Rs 3,869 lakhs (vs Rs 3,683 lakhs last year), while standalone profit fell to Rs 1,959 lakhs from Rs 36,650 lakhs — the previous year included a one-time exceptional gain of Rs 30,965 lakhs from recovery of a historical subsidiary loan, distorting comparability. On a consolidated basis, revenue grew to Rs 18,490 lakhs (from Rs 17,442 lakhs) and consolidated profit jumped to Rs 4,958 lakhs (from Rs 1,370 lakhs), with EPS of Rs 4.45 vs Rs 1.23. The Board recommended a final dividend of Rs 2 per share (20% on face value of Rs 10), with record date set for July 11, 2025. Mrs. Janaki Ashwin Patwardhan was appointed as a Non-Executive Independent Director for a five-year term, and Ms. Valerie Bosmans (DXC's chief audit executive) was appointed as Internal Auditor.
Shareholders will receive a Rs 2 per share final dividend pending AGM approval, and the clean audit opinion plus steady core business performance are positive signals. The standalone profit decline looks alarming but is entirely due to a non-recurring loan-recovery gain in FY24, so underlying operational health is best judged by the consolidated numbers, which show healthy growth and a sharp jump in EPS. The appointments strengthen board oversight and align internal audit leadership with the parent DXC group.