How did XTGlobal's standalone profit change year-over-year?

Standalone net profit for the year ended March 31, 2026, was **₹6.81 crore**, a **39%** increase from the **₹4.89 crore** reported in the prior year.

What was the consolidated net profit for FY26?

Consolidated net profit attributable to shareholders was **₹11.28 crore**, compared with **₹8.82 crore** in the previous year.

Why did the company's long-term debt increase?

Long-term borrowings more than doubled to **₹26.64 crore** from **₹9.51 crore** to fund various growth initiatives.

Did the auditors raise any concerns?

No. The statutory auditors issued an unmodified opinion on both the standalone and consolidated financial statements.

Earnings · IT Services · Micro cap

XTGlobal Infotech profit climbs 39% as debt load doubles

Standalone net profit reached ₹6.81 crore for FY26, while consolidated debt jumped to ₹26.64 crore to fund expansion.

XTGLOBAL 26 May 2026 · 10:53 PM IST Verify on BSE · NSE

Mkt cap₹424 cr

P/E36.84×

ROE5.01%

Debt / eq.0.18

₹26.64 cr Long-term borrowings as of March 31, 2026.

What's new

Standalone net profit rose 39% to ₹6.81 crore for FY26.
Consolidated net profit reached ₹11.28 crore, up from ₹8.82 crore.
Long-term debt grew from ₹9.51 crore to ₹26.64 crore.

Why this matters

The company is taking on more debt to fund its growth. While the 39% profit increase is a clear gain, the sharp rise in long-term borrowings means the company must now generate higher cash flows to service this debt.

What we're watching

The impact of higher interest costs on future margins.
Revenue contribution from Network Objects Inc. in the next fiscal year.
Management details on the specific growth initiatives funded by the new debt.

The full read

XTGlobal Infotech posted a 39% jump in standalone net profit to ₹6.81 crore for the fiscal year ended March 31, 2026, on revenue of ₹72.44 crore. Consolidated net profit reached ₹11.28 crore, up from ₹8.82 crore in the prior year, reflecting a full year of operations from its subsidiary, Network Objects Inc. The growth came at a cost: long-term borrowings more than doubled to ₹26.64 crore from ₹9.51 crore. Management states this debt is intended to fund growth initiatives. With an unmodified audit opinion, the financials are clean, but the balance sheet is now more indebted than it was a year ago. The next test is whether the capital deployed can sustain this profit growth trajectory without further straining the company's debt profile.

Questions answered

How did XTGlobal's standalone profit change year-over-year?: Standalone net profit for the year ended March 31, 2026, was ₹6.81 crore, a 39% increase from the ₹4.89 crore reported in the prior year.
What was the consolidated net profit for FY26?: Consolidated net profit attributable to shareholders was ₹11.28 crore, compared with ₹8.82 crore in the previous year.
Why did the company's long-term debt increase?: Long-term borrowings more than doubled to ₹26.64 crore from ₹9.51 crore to fund various growth initiatives.
Did the auditors raise any concerns?: No. The statutory auditors issued an unmodified opinion on both the standalone and consolidated financial statements.

Mentioned: XTGlobal Infotech · Network Objects Inc.

Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.