XTRANET · IT - Software
Xtranet Technologies reported revenue of ₹50.5 cr for April to June 2026, +10.5% on the year and −68.7% on the quarter.
Operating profit (EBITDA) was ₹10.4 cr, a margin of 20.6%, +853 bps on the year and −130 bps on the quarter. Operating costs grew −0.2% against revenue growth of +10.5%, so more of each rupee of sales reached operating profit.
Net profit was ₹6.0 cr, +78.2% on the year and −75.1% on the quarter, with earnings per share of ₹1.55. Profit before other income, one-offs and tax grew 72.8%, so 5 points of the headline growth came from outside the core business.
IT services revenue moves with deal wins, client budgets and the rupee: a part of rupee growth can be currency, which only the constant-currency figure in the filing separates out. Margins move most with wage hikes, utilisation and currency. The quarterly statements do not carry constant-currency growth, deal wins and headcount; those come with the filing read.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow, the auditor's review, segment results, one-off items line by line and what management said on the call.
Finance cost rose fast and now takes a large bite of operating profit. New borrowing, or a higher rate?
Source: Quarterly statements
Could not run on this quarter: Exceptional items that recur, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
Net profit a year ago, each driver's change, and net profit now. Blue added profit, red took it away.
FinMinutes scored the offer document 68/100 before listing. 0 quarters of numbers since. Promise against delivery
| Q1 FY26 | Q4 FY26 | Q1 FY27 | |
|---|---|---|---|
| Revenue | ₹45.7 cr | ₹161 cr | ₹50.5 cr |
| YoY | — | — | +11% |
| EBITDA margin | 12.0% | 21.9% | 20.6% |
| Other income, % of PBT | 2% | 2% | 6% |
| Exceptional items | — | — | — |
| Tax rate | 18% | 23% | 19% |
| Net profit | ₹3.4 cr | ₹24.2 cr | ₹6.0 cr |
| YoY | — | — | +78% |
| Core profit YoY | — | — | +73% |
| EPS | ₹4.44 | ₹6.15 | ₹1.55 |
| Flags | · | · | 1 |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
Xtranet Technologies reported revenue of ₹50.5 cr (+10.5% on the year) and net profit of ₹6.0 cr (+78.2% on the year) for April to June 2026.
Profit before other income, exceptional items and tax moved +72.8% on the year, against +78.2% for reported profit.
1 check raised a question: Finance cost rose fast and now takes a large bite of operating profit. New borrowing, or a higher rate?
No. FinMinutes reports what was filed and the questions the numbers raise. It does not recommend buying, selling or holding any security.
Numbers as filed with the exchanges, read by rules. Every flag is a question with its source, not an accusation. FinMinutes is a financial data and analytics platform; nothing here is a recommendation to buy, sell or hold any security. How each check works.