Highlights
- XT Global Infotech shares hit the upper circuit, surging 19.98% to ₹33.63 on 23 February 2026.
- The company reported a massive 88.7% year-on-year jump in Q3 FY26 sales, reaching ₹92.49 crore.
- Operating profit climbed to ₹8.75 crore, supported by increased global outsourcing demand and vendor consolidation.
- Profit Before Tax (PBT) rose to ₹6.67 crore, up from ₹5.48 crore in the corresponding quarter last year.
- The balance sheet remains resilient with low debt and disciplined cost management, resulting in an EPS of ₹0.22.
- Technical indicators suggest the stock has cleared short-term resistance, though RSI levels signal potential consolidation.
XT Global Infotech Ltd (NSE:XTGLOBAL) surged 19.98% to ₹33.63, gaining ₹5.60. The move reflects renewed investor interest in small-cap IT counters amid improving global outsourcing sentiment.
Financial Overview
XT Global reported a favourable Q3 FY26 with sales of ₹92.49 crore, up from ₹49.05 crore in Q3 FY25, reflecting robust growth of 88.7%. Operating profit rose to ₹8.75 crore in Q3 FY26 (OPM 9.46%) versus ₹7.89 crore (OPM 16.09%) in the year-ago quarter. Profit before tax increased to ₹6.67 crore from ₹5.48 crore, while net profit edged slightly higher at ₹3.70 crore versus ₹3.68 crore, translating into an EPS of ₹0.22. The company maintained disciplined cost management and low debt, supporting balance sheet resilience. Overall, XT Global demonstrated healthy revenue expansion and improved profitability.
Growth Catalysts
- AI-led digital transformation mandates
- Increased outsourcing demand from global enterprises
- Vendor consolidation trends
- Margin improvement through cost efficiency
Small-cap IT firms often outperform during early recovery cycles.
Technical Outlook
The stock appears to have cleared short-term resistance.
Support: ₹28–30
Resistance: ₹35–38
An overbought RSI suggests short-term consolidation may follow the sharp rally.
Risks
- Client concentration risk
- Global IT spending slowdown
- Currency volatility
- Talent retention challenges
Frequently Asked Questions (FAQs)
- Why did XT Global Infotech (NSE:XTGLOBAL) shares surge nearly 20% today?
The stock surged 19.98% to ₹33.63 following a strong Q3 FY26 earnings report, highlighted by an 88.7% increase in sales and a broader recovery in the small-cap IT sector.
- What were the key financial figures for XT Global in Q3 FY26?
The company reported sales of ₹92.49 crore (up from ₹49.05 crore in Q3 FY25) and a net profit of ₹3.70 crore. While revenue grew significantly, the Operating Profit Margin (OPM) stood at 9.46%.
- What are the main growth drivers for the company moving forward?
Growth is being fueled by AI-led digital transformation mandates, increased outsourcing from global enterprises, and internal efforts toward margin improvement through cost efficiency.