XTGlobal Infotech reports strong Q2, H1 FY26 growth, eyes 20-25% growth for FY27

XTGlobal Infotech Limited recorded significant financial growth in Q2 FY26, with consolidated revenue increasing 2.3% quarter-on-quarter to ₹94.41 crores and 93.7% year-on-year. Consolidated EBITDA grew 2.5% quarter-on-quarter to ₹678 lakhs, while PAT surged 26.9% year-on-year to ₹344 lakhs. For the first half of FY26, consolidated revenue reached ₹186.72 crore, marking a 90.4% year-on-year increase, and PAT rose 47.1% year-on-year to ₹718 lakhs.

The company is targeting a 20-25% growth rate and an EBITDA margin of at least 15% for the next fiscal year (FY27), capitalizing on existing infrastructure that can support up to 2,000 employees without significant additional capital. The board approved an interim dividend of 5 paise per equity share for FY25-26, representing 5% of the face value.

Operational highlights include 11 new clients in Q2 FY26, launching operations in Australia with two anchor projects, and a compliant exit from its Madhurawada SEZ unit. The company also initiated a digital transformation of sales operations with a new CRM platform and continues to explore acquisitions. Revenue streams are primarily from IT consulting (around 50%) and a mix of product revenue and accounting outsourcing services.