Xpro India Limited has informed the Exchange about Correction in the heading of the Statement of Unaudited Standalone and Consolidated Financial Results for the Quarter ended June 30, 2025
XPROINDIA · price
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Awaiting price reaction for this filing.
Xpro India has filed a corrected version of its Q1FY26 (quarter ended June 30, 2025) unaudited financial results to fix a typographical error: the prior-year column was wrongly labelled 'Year ended June 30, 2024' instead of 'Quarter ended June 30, 2024'. The company has confirmed that no actual financial figures have changed. For context, the original results show standalone revenue from operations of INR 14,490.20 lacs (up modestly from INR 13,853.22 lacs in Q1FY25) but standalone net profit fell sharply to INR 430.20 lacs from INR 1,402.00 lacs. On a consolidated basis, the company reported a net loss of INR 548.40 lacs versus a profit of INR 1,401.98 lacs a year ago, primarily due to an INR 1,672.49 lacs foreign exchange loss on Euro-denominated borrowings caused by an 8.5% rise in EUR/INR. Management has also made Ind AS 8 reclassifications to comparative information and a INR 2 per share dividend was approved at the July 25, 2025 AGM.
The filing itself is administrative with no change in numbers, so no direct price impact. However, the underlying results reveal significant profit pressure from FX-related losses, with the consolidated business slipping into a loss — something investors should track given Euro-denominated supplier credit exposure.