Financial Performance Summary

Standalone Results (Q1 FY27):

  • Revenue: ₹19.19 crore, up 8.0% YoY from ₹17.77 crore in Q1 FY26
  • EBITDA: ₹2.82 crore, up 76.3% YoY from ₹1.60 crore in Q1 FY26
  • EBITDA Margin: 14.7% (571 bps improvement from 9.0% in Q1 FY26)
  • EBIT: ₹3.08 crore, up 75.6% YoY from ₹1.75 crore in Q1 FY26
  • EBIT Margin: 16.0% (618 bps improvement from 9.9% in Q1 FY26)
  • PAT: ₹1.82 crore, up 19.8% YoY from ₹1.52 crore in Q1 FY26
  • PAT Margin: 9.5% (94 bps improvement from 8.6% in Q1 FY26)

Quarterly Comparison (Standalone):

  • Revenue increased 1.8% QoQ from ₹18.84 crore in Q4 FY26
  • EBITDA remained flat QoQ at ₹2.82 crore
  • EBITDA Margin declined 27 bps QoQ from 15.0%
  • PAT decreased 5.7% QoQ from ₹1.93 crore
  • PAT Margin declined 76 bps QoQ from 10.3%

Consolidated Results (Q1 FY27):

  • Revenue: ₹93.30 crore, up 1.1% YoY from ₹92.31 crore in Q1 FY26
  • EBITDA: ₹7.06 crore, up 7.8% YoY from ₹6.55 crore in Q1 FY26
  • EBITDA Margin: 7.6% (47 bps improvement from 7.1% in Q1 FY26)
  • EBIT: ₹6.15 crore, up 252% YoY from ₹4.01 crore in Q1 FY26
  • EBIT Margin: 6.6% (127 bps improvement from 5.3% in Q1 FY26)
  • PAT: ₹3.89 crore, up 4.3% YoY from ₹3.74 crore in Q1 FY26
  • PAT Margin: 4.2% (13 bps improvement from 4.0% in Q1 FY26)

Quarterly Comparison (Consolidated):

  • Revenue increased 4.2% QoQ from ₹89.52 crore in Q4 FY26
  • EBITDA increased 64.2% QoQ from ₹4.30 crore in Q4 FY26
  • EBITDA Margin improved 277 bps QoQ from 4.8%
  • EBIT increased 2.1x QoQ from ₹2.89 crore in Q4 FY26
  • EBIT Margin improved 336 bps QoQ from 3.2%
  • PAT increased 4.0% QoQ from ₹3.74 crore in Q4 FY26
  • PAT Margin remained nearly flat at 4.2% vs 4.2% in Q4 FY26

Key Business Highlights

New Client Acquisitions:

  • FAST Practice added seven new clients across Australia, United States, and Ireland
  • IT Services business added one client each in India and United States

Major Contract Wins:

  • Secured engagement from U.S. State Transportation Agency for Internal eForms Modernization Program using Adobe Experience Manager (AEM)
  • Work Order duration: 14 months
  • Maximum contract value: USD $1.59 million (approximately ₹14.8 crores)

Market Expansion:

  • Commenced first Finance & Accounting Outsourcing engagement in Ireland, marking European market entry
  • Engagement involves establishing offshore finance support function from India delivery centers
  • Scope includes management accounts support, accounts payable supervision, employee onboarding, HR administration, and ongoing finance-function support

Operational Transformation:

  • Zoho transformation at 90% completion covering approximately 13 products/modules
  • Focus on final go-live, stabilization, and realization of expected operational benefits

Management Commentary

Mr. Ramarao Mullapudi, CEO, President & Director commented:

  • Q1 FY27 marked a steady start with consolidated revenue rising 1.1% YoY to ₹93.3 crore
  • Operating profitability improved meaningfully with EBITDA up 7.8% YoY to ₹7.1 crore
  • EBITDA margin improved to 7.6%, reflecting focus on operational efficiency and disciplined execution
  • Expanded client base across FAST Practice and IT Services businesses in US, Australia, Ireland, and India
  • First Ireland engagement marks important step in European market expansion
  • Focus remains on scaling FAST Practice, expanding technology services relationships, and deepening client engagement
  • Commitment to strengthening delivery capabilities, maintaining operational discipline, and creating sustainable value

Company Background

XTGlobal Infotech Limited is a publicly traded technology services company with over 20 years of experience in Enterprise Applications, Cloud, Data & Analytics, and RPA. Headquartered in Hyderabad, India, the company serves Fortune 1000 companies across retail, healthcare, finance and manufacturing. The company employs over 600 professionals across India and the US, holding CMMI-Dev Level 3 (v2.0) and ISO 27001 certifications. Key technology partnerships include Oracle, Microsoft, AWS, Automation Anywhere, and UiPath.