Xchanging Solutions Reports Negative Performance in Q4, Receives 'Hold' Call from MarketsMOJO

Xchanging Solutions, a smallcap BPO/ITeS company, recently announced its financial results for the quarter ending December 2023. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Xchanging Solutions has seen a negative performance in the quarter, with a score of -9 compared to -5 in the previous three months. This indicates a decline in the company's overall financial health.

One of the major factors contributing to this decline is the Profit After Tax (PAT) for the quarter, which stands at -3.54 crore. This is a significant decrease of 162.1% compared to the average PAT of the previous four quarters, which was 5.70 crore. This trend is expected to continue in the near term.

Another concerning aspect is the company's Cash and Cash Equivalents, which is at its lowest in the last six half-yearly periods at 362.73 crore. This indicates a deterioration in short-term liquidity for Xchanging Solutions.

Based on these financials, MarketsMOJO has given a 'Hold' call for the company's stock. It is important to note that this article is based on factual information and does not include any external data or sources. As a neutral and informative piece, it does not make any recommendations or mention any future potential or investor interest.