Xchanging Solutions Limited Approves FY Results, Recommends Dividend, and Names New Statutory Auditors
Xchanging Solutions Limited announced key decisions following its Board of Directors meeting held on May 21, 2026. The Board approved the Audited Financial Results and financial statements for the quarter and full financial year ended March 31, 2026. The Board also recommended a final dividend and approved key appointments relating to its management and statutory audit structure.Financial Performance and Dividend Recommendation
The Board of Directors approved the Audited Standalone and Consolidated Financial Results, along with the financial statements for the financial year ended March 31, 2026.
Regarding the dividend, the Board recommended a final dividend of INR 2/- per Equity Share. This dividend represents 20% of the face value of INR 10/- each for the financial year ended March 31, 2026. The final dividend is subject to the approval of the Company’s members at the ensuing Annual General Meeting (AGM). The record date set for the payment of the final dividend is Friday, August 14, 2026.
The Company’s audited financial results provide a comparative overview of performance:
Consolidated Statement of Financial Results (in Rs lakhs)
| Particulars | Year ended 31/03/2026 | Year ended 31/03/2025 |
|---|---|---|
| Total Income | 21,651 | 20,191 |
| Total Expenses | 13,981 | 13,850 |
| Profit for the period | 5,945 | 4,958 |
| Total Comprehensive Income | 5,967 | 4,929 |
| Total Assets | 52,282 | 50,424 |
| Total Equity and Liabilities | 52,282 | 50,424 |
Standalone Statement of Financial Results (in Rs lakhs)
| Particulars | Year ended 31/03/2026 | Year ended 31/03/2025 |
|---|---|---|
| Total Income | 7,084 | 5,498 |
| Total Expenses | 3,039 | 3,139 |
| Profit for the period | 3,697 | 1,959 |
| Total Comprehensive Income | 3,711 | 1,999 |
| Total Assets | 33,584 | 32,465 |
| Total Equity and Liabilities | 33,584 | 32,465 |
Key Financial Highlights (Cash Flow from Operations)
| Metric | FY ended 31/03/2026 (Rs lakhs) | FY ended 31/03/2025 (Rs lakhs) |
|---|---|---|
| Profit before tax | 7,670 | 6,341 |
| Net cash generated from operating activities | 4,115 | 4,885 |
| Net cash generated from investing activities | 1,290 | 1,444 |
| Net cash used in financing activities | (4,968) | (7,242) |
| Cash and cash equivalents at the end of the year | 31,100 | 29,994 |
Corporate Governance and Appointments
Director Reappointment
The Board approved the reappointment of Mr. Shrenik Kumar Champalal (DIN: 08099410) as Whole Time Director (Executive Director). His appointment will be effective from March 31, 2027, and will continue until March 30, 2030, subject to the approval of the Company members at the ensuing AGM.
Statutory Audit Appointment
The Board of Directors also finalized the audit committee recommendations for the appointment of statutory auditors. M/s Walker Chandiok & Co LLP, Chartered Accountants, were approved for appointment. They will serve for a term of five consecutive years, commencing from the conclusion of the 25th AGM till the conclusion of the 30th AGM, subject to the approval of the Members.
The tenure of M/s. Deloitte Haskins & Sells, the current Statutory Auditors, will conclude at the conclusion of the 25th AGM.
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Disclaimer: This report is based solely on the information provided in the source documents.
XCHANGING Stock Price Movement
Today, Xchanging Solutions Limited shares edged higher to close at ₹67.11, marking a gain of 0.16% for the day. The equity saw 373,665 shares traded, solidifying a positive close following the full day's activity.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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