Analysts/Institutional Investor Meet/Con. Call Updates

XTGLOBAL INFOTECH LIMITED XTG LOBAL) Regd Office: Plot No. 31P & 32, 3™ Floor, Tower A, Ramky Selenium, Financial District, Nanakramguda, Hyderabad — 500 032 Tel No.: 040 - 66353456 CIN: L72200TG1986PLCO06644 Date: 21/08/2025 To, To, The Listing Department, The Listing Department, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra-Kurla Complex, Mumbai - 400 001. Bandra (East), Mumbai - 400 051. BSE Scrip Code: 531225 NSE Symbol: XTGLOBAL Subject: Transcript of Q1 FY27 Earnings Conference Call held on Monday, August 17, 2026. Dear Sir/Madam, Please refer to our Q1 FY27 Earnings Conference Call, scheduled for Monday, August 17, 2026, at 5:00 PM (IST), as announced in our letter dated August 12, 2026. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Q1 FY27 Earnings Conference Call transcript. You are requested to take the same on record. Thanking you, Yours faithfully, For XTGlobal Infotech Limited Digitally signed by Pentela Pentela Sridhar . Date: 2026.08.21 Sridhar 17:31:07 +0530' Sridhar Pentela Company Secretary & Compliance Officer ACS 55735 XTGLOBAL) XTGLOBAL) XTGlobal Infotech Limited Q1 FY27 Earnings Conference Call Transcript Monday, 17" August 2026 MANAGEMENT: ¢+ Mr. Ramarao Mullapudi - CEO, President & Director Others: Mr. Raghuram Kusuluri - Chief Financial Officer Mr. Sridhar Pentela - Company Secretary & Compliance Officer QI FY27 Earnings Conference Call Transcript XTGLOBAL) Moderator: Ladies and gentlemen, good day and welcome to XT Global Infotech Limited Q1 FY27 Earnings Conference Call hosted by Rik Capital. We have with us today from the XT Global Infotech Limited Management, Mr. Ramarao Mullapudi - CEO, President and Director, Mr. Raghuram Kusuluri - Chief Financial Officer, Mr. Sridhar Pentela - Company Secretary and Compliance Officer. As a reminder, all participant lines will be in the listen- only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing “*” and then “0” on your touchtone phone. Please note that this conference is being recorded. Before we proceed with this call, I would like to take this opportunity to remind everyone about the disclaimer related to this conference call. Today's discussion may be forward-looking in nature based on management's current beliefs and expectations. It must be viewed in conjunction with the risks that our business faces that could cause our future results, performance or achievements to differ significantly from what may be expressed or implied by such forward-looking statements. I now hand the conference over to Mr. Raghuram Kusuluri - Chief Financial Officer, for opening remarks. Thank you and over to you, sir. Raghuram Kusuluri: Thank you. Good evening, everyone, and thank you forj oining the XT Global Infotech Limited Q1 Financial Year 2027 Earnings Conference Call. We appreciate your time and continued interest in the company. I trust you have had an opportunity to review our Financial Results, Press Release and the Investor Presentation for the quarter ended June 30t 2026, which have been made available through the stock exchanges and our company's website. Q1 marked the beginning of a new financial year with a steady operating performance. During the quarter, we continued to broaden our client base across our finance and accounting services and IT services businesses, while also making progress in expanding our presence across international markets. We also continued to focus on delivery capabilities and operational discipline as we develop our business across these areas. QI FY27 Earnings Conference Call Transcript XTGLOBAL) In the discussion today, I will briefly touch upon the operating environment during the quarter, followed by an update on our business developments and financial performance. With that, let me begin with the broader economic and industry environment: The global technology services environment during the first quarter of FY27 remained measured with the businesses continuing to assess technology spending against a backdrop of macroeconomic uncertainty, geopolitical developments and changing priorities around technology investments. Across the IT services industry, the quarter reflected a cautious demand environment. Clients remained selective on discretionary technology spending, while decision-making cycles for certain projects continued to take longer. At the same time, enterprises continued to prioritize initiatives that can improve productivity, optimize costs and deliver measurable business outcomes. Artificial intelligence continued to influence technological discussions during the quarter. The focus is increasingly moving beyond experimentation toward the practical deployment of AI within enterprise processes, applications and technology environments. This is creating both pressure and opportunity for IT service providers as clients evaluate how emerging technologies can be integrated into existing systems while improving efficiency. For us, this environment places greater importance on execution quality, domain expertise, automation capabilities and the ability to support clients through technology led business transformation. Our focus during the quarter remained on expanding client relationships, strengthening our service offerings and developing our presence across the selected international markets. Coming to operational performance during the quarter, we continued to focus on broadening our client relationships and developing our presence across key international markets. Our finance and accounting services practice added seven new engagements across Australia, the United States and Ireland during the 1%t Quarter of Financial Year'27. These additions provide further opportunities to extend our finance and accounting services capabilities across multiple geographies. In parallel, the IT services business added clients in India and the United States, supporting the continued development of our technology services portfolio. QI FY27 Earnings Conference Call Transcript XTGLOBAL) We also entered the Irish market through our first finance and accounting outsourcing engagement. The engagement involves establishing an offshore finance support function from our India delivery centers, covering areas such as management account support, accounts payable supervision, employee onboarding, HR administration and ongoing finance function support. This represents an additional geography for our finance and accounting practice and provides a base from which we can develop further relationships in the European market. Alongside business development, we continued our internal transformation initiatives to go paperless. We started Zoho implementation that has been completed 90% during the quarter, covering around 13 products and modules with the remaining focus and final goal is stabilization and realization of the expected operational benefits. Overall, the quarter was focused on adding new client relationships, entering selected markets and strengthening our operating platform. These initiatives are intended to provide a broader base for execution as we progress through Financial Year27. Let me now take you through our financial performance for the quarter ended June 30th, 2026. On a standalone basis, revenue from operations stood at 719.19 crore, representing 8% year-on-year increase and 1.8% quarter-on- quarter improvement. EBITDA was 2.82 crore compared with ¥1.60 crore in Q1 Financial Year'26, resulting in 76.3% year-on-year increase. EBITDA margin for the quarter was 14.7% compared with 9% in Q1 2026, representing a year-on-year growth of 571 BPS. Earnings before interest and tax stood at Z3.08 crore, up by 75.6% year-on-year, with margins at 16% year-on-yea [Showing first 8,000 characters — download PDF for full document]