Xelpmoc Design and Tech Reports Q1 Financial Results, Approves Chief Business Officer Appointment and ESOP Scheme

Xelpmoc Design and Tech Reports Q1 Financial Results, Approves Chief Business Officer Appointment and ESOP Scheme​

Xelpmoc Design and Tech Limited released its unaudited Standalone and Consolidated Financial Results for the first quarter ended June 30, 2026. The Board of Directors also approved the appointment of Mr. Arvind Khandelwal as Chief Business Officer and sanctioned a new Employee Stock Option Scheme.

The company's financial performance across both standalone and consolidated accounts was reported during its board meeting held on August 14, 2026.

Financial Performance Snapshot (Q ended June 30, 2026)​

Standalone Results:
Xelpmoc recorded a Total Income of ₹11,719.75 thousand, driven by ₹9,615.70 thousand in revenue from operations and ₹2,104.08 thousand in other income. Despite this, the company reported a loss for the period of ₹18,486.70 thousand.

Consolidated Results:
For the quarter, the Group reported Total Income of ₹961,570 thousand against total expenses of ₹17,835.26 thousand. The results reflected a net loss before tax of ₹97.21 thousand. The overall Total Comprehensive income for the period stood at (₹22,044.41) thousand.

A comparison of the standalone and consolidated financial highlights is provided below:

Key Corporate Announcements​

Appointment of Chief Business Officer:
The Board of Directors approved the appointment of Mr. Arvind Khandelwal as a Chief Business Officer of Xelpmoc Design and Tech Limited, effective from August 21, 2026. Mr. Khandelwal is described as an experienced corporate and investment banker with over 20 years in banking, specializing in managing top-tier corporate groups.

Employee Stock Option Scheme (ESOP):
The company approved the "Xelpmoc Design and Tech Limited - Employee Stock Option Scheme 2026." The scheme covers up to 7,41,116 equity shares of face value ₹10 each. The scheme specifies that the Exercise Price per Option shall be determined by the Nomination & Remuneration Committee (NRC) from time to time, but must not be less than the face value of the Equity shares.

Subsidiary and Associate Status​

During the quarter ended June 30, 2026, the company managed the financial implications of its associated entities:

• Subsidiary Restriction: The company has restricted the consolidation of Soultrax Studios Private Limited, as its investment in the entity was fully impaired in previous periods and the company holds no legal or constructive obligation to provide additional financial support.
• Associate Loss Recognition: The recognition of further losses related to Xperience India Private Limited was discontinued and restricted after determining that the investment in the associate had been fully impaired in earlier periods, having no material impact on current consolidated results.
• Going Concern Indicators: Financial results for Soultrax Studios Private Limited indicated accumulated losses and full erosion of net worth, suggesting a material uncertainty regarding the company's ability to continue as a going concern, although financial results were prepared on a going concern basis.

The unaudited financial results and limited review reports of the Statutory Auditors are available on the company's official website.

XELPMOC Stock Price Movement​

Today, Xelpmoc Design And Tech Limited's shares advanced 0.35% to settle at ₹82.25 after closing today. The stock traded a volume of 2,476 shares during the session.