Press Release on financial results for the quarter and year ended 31st March 2026.
XTGLOBAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
XTGlobal Infotech reported strong standalone performance with PAT jumping ~39% YoY to ₹6.81 Cr in FY26, driven by EBITDA margin improvement of 240 basis points to 17.71%. On consolidated basis, revenue surged 56.5% YoY to ₹369.25 Cr and PAT rose 47.5% to ₹14.62 Cr, though this was largely due to consolidation of Network Objects as a subsidiary from January 2025. The company secured strategic contracts worth approximately USD 2.39 million (around ₹22 Cr) from U.S. transportation agencies for digital modernization and AI enablement projects. The company also completed SEZ exit formalities for its Madhurawada Unit, opening opportunities for commercial leasing to generate additional rental income. The FAST Practice expanded in Australian and U.S. markets with monthly billing run-rate reaching USD 200,000.
The standalone margin improvement and strong PAT growth are positive signals for shareholders, though the consolidated margin compression (-296 bps EBITDA) due to the subsidiary consolidation warrants monitoring. The new U.S. contracts and planned expansion into Australia and Europe could support future revenue growth.