Xpro India Reports Q4 FY26 Earnings

Key Financials

• Consolidated Net Profit (Q4 FY26): ₹13.25 crore
• Consolidated Total Income (FY26): ₹523.71 crore (down 5.5% year-over-year)
• Consolidated Net Profit (FY26): ₹19.56 crore
• Recommended Dividend: ₹2.00 per equity share

What Happened

Xpro India Ltd released its financial results for the quarter and full year ending March 31, 2026. On a consolidated basis, the company earned ₹140.96 crore in total income and ₹13.25 crore in net profit for the fourth quarter. For the entire fiscal year, consolidated total income was ₹523.71 crore, with a net profit of ₹19.56 crore.

Standalone figures showed total income of ₹141.21 crore and net profit of ₹11.62 crore for the quarter. For the full year, standalone income was ₹523.75 crore with a profit of ₹30.52 crore.

Performance and Concerns

While Xpro India remained profitable, its performance shows mixed signals. The company experienced revenue contractions compared to the previous fiscal year. Key investor concerns include a substantial foreign exchange loss of ₹16.15 crore for the year, driven by a 17.17% increase in Euro exchange rates. Additionally, consolidated borrowings rose from ₹200.58 crore in FY25 to ₹244.27 crore in FY26.

Positive Factors

Despite these challenges, the board recommended a dividend of ₹2.00 per equity share. The company also maintains a healthy liquidity position, with ₹74.63 crore in bank deposits from unutilised warrant proceeds, offering some financial stability.

Looking Ahead

Investors will focus on management's strategies to address currency risks and manage the higher debt levels. The recommended dividend suggests short-term confidence in cash flow, but improving operational performance is crucial to reverse the revenue decline.

Future monitoring should include the company's outlook on revenue growth, its approach to foreign exchange exposure, and its plans for debt reduction.