Xchanging Solutions Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 442.2 million compared to INR 439 million a year ago. Revenue was INR 478.6 million compared to INR 458.1 million a year ago.

Net loss was INR 89.7 million compared to net income of INR 149.6 million a year ago. Basic loss per share from continuing operations was INR 0.81 compared to basic earnings per share from continuing operations of INR 1.34 a year ago. Diluted loss per share from continuing operations was INR 0.81 compared to diluted earnings per share from continuing operations of INR 1.34 a year ago.