XPRO INDIA LTD.

Xpro India Limited conducted its 29th Annual General Meeting (AGM) on July 20, 2026, via Video Conferencing. The meeting, held in compliance with SEBI regulations and the Companies Act, 2013, commenced at 10:30 am and concluded at 11:50 am. Key attendees included Directors, the Managing Director, CFO, Company Secretary, Statutory Auditors, Secretarial Auditor, and Scrutinizer. The Chairman provided an overview of the company's performance for the year ended March 31, 2026, and future perspectives. Remote e-voting facility was available from July 17-19, 2026, with an additional e-voting option during the AGM. Results of the voting will be declared in due course and published on the company website. The Directors' Report and audited financial statements for FY26 were presented.

iPro Capital Limited has filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, with BSE Ltd. The filing details a change in shareholding of Xpro India Limited. Prior to the transaction, iPro Capital held 44,09,999 shares, representing 18.79% of the total share capital. After the transaction, their holding increased to 44,55,000 shares, constituting 18.98% of the total share capital. The acquisition was executed via inter-se transfer on August 5, 2026. The total equity share capital of Xpro India Limited remains 2,34,70,391 equity shares of Rs. 10/- each.

Xpro India Limited announced its unaudited financial results for the quarter ended June 30, 2026. Revenue from operations increased by 20.4% year-on-year to ₹174.4 Cr. EBITDA saw a 7% rise to ₹15.3 Cr. Profit Before Tax (PBT) surged by 128.3% to ₹13.7 Cr, and Profit After Tax (PAT) grew by 127.9% to ₹9.8 Cr compared to the same quarter last year. The company highlighted strong performance in its dielectric films business and a 9% increase in sales volumes for refrigerator production, outpacing industry growth. Expansion projects, including a new dielectric film line in Barjora and a UAE project, are progressing, though the latter faces minor delays due to Middle East shipping disruptions.

Xpro India Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, prepared by Crisil Ratings Limited. This report details the utilization of proceeds from a Preferential Issue (PI) conducted in FY 2023-2024. Crisil Ratings was appointed as the Monitoring Agency effective June 06, 2024, following the termination of the agreement with the previous agency, India Ratings and Research Private Limited. The report confirms that there are no deviations from the objects of the issue. The net proceeds monitored amount to ₹140 crore.

Xpro India's consolidated (primary basis) Q1 FY27 revenue rose 20.4% YoY to ₹174.42 Cr (from ₹144.90 Cr), and consolidated PAT swung to a profit of ₹7.63 Cr from a loss of ₹5.48 Cr in Q1 FY26. That reported turnaround is largely optical: last year's loss was driven by a ₹16.75 Cr consolidated forex-translation loss on the company's Euro-denominated, export-credit-insurance-backed UAE supplier credits, versus only a ₹0.90 Cr translation gain this quarter. Stripping the forex swing out of both periods, adjusted PBT is actually down roughly 18% YoY (₹10.66 Cr vs ₹13.00 Cr), and adjusted PAT is down roughly 40% (approximated by holding this quarter's ₹3.93 Cr tax charge constant, since the filing doesn't split tax by forex component) — the underlying quarter is weaker, not stronger, than the headline loss-to-profit print suggests. Sequentially the picture is also softer: PAT fell 42.4% QoQ (₹13.25 Cr in Q4 FY26 to ₹7.63 Cr) even as revenue grew 29.8% QoQ, because cost of materials consumed jumped 51% QoQ (₹88.35 Cr to ₹133.41 Cr, or 65.8% to 76.5% of revenue) — well ahead of the revenue increase — pulling operating margin (segment-result basis) down to 9.08% from 12.07% in Q4 FY26, and net margin to 4.28% of total income from 9.40%. On a standalone (India-only) basis the story is more favourable: PAT rose 127% YoY to ₹9.79 Cr (from ₹4.30 Cr) and the India segment result was up 137% YoY to ₹16.27 Cr, underscoring that the core domestic business genuinely strengthened — it is the UAE subsidiary and the associated forex accounting that swing the consolidated headline. Against management's last (Q4 FY26) commentary — no formal quantitative revenue or margin guidance was given, only a qualitative expectation of continued volume growth and margin enhancement in India, at least 50% utilisation at the new Barjora dielectric line this year, and UAE commercial production by Q3 of the current year — this quarter is broadly on track directionally: the India segment strengthened and the UAE segment's (Xpro Dielectric Films FZ-LLC) loss narrowed to ₹0.38 Cr from ₹9.39 Cr YoY, though it slipped back into a loss from a ₹3.19 Cr profit in Q4 FY26, and UAE commercial production has not yet been reported as achieved. No management press release accompanied this filing to corroborate framing beyond the result notes. Street/consensus estimates for this quarter could not be confirmed (no analyst preview located), so vsStreet is marked unknown rather than assumed. Corporately, the company paid its FY26 final dividend of ₹2/share on July 28, 2026 (approved at the July 20 AGM), and held ₹73.26 Cr of unutilised warrant-conversion proceeds in bank deposits as of June 30, 2026, pending deployment. Going forward, the quarter sets up two things to track: whether the jump in raw-material cost intensity (76.5% of revenue vs 65.8% in Q4 FY26) proves transient or structural, and whether the UAE line's swing back to a loss is a one-quarter blip ahead of the targeted Q3 commercial start or a sign the ramp is slower than guided.

Xpro India Ltd has announced that its Board of Directors will convene on July 31, 2026. The primary agenda for this meeting is to consider and approve the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Xpro India Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut from July 1, 2026, until 48 hours after the declaration of the company's unaudited financial results for the quarter ending June 30, 2026. This measure is standard practice to prevent potential insider trading during periods of sensitive financial information disclosure.

Xpro India Ltd is informing shareholders about the upcoming 29th Annual General Meeting (AGM) scheduled for July 20, 2026. Letters are being sent to shareholders without registered email addresses, providing a web-link to access the Annual Report for FY 2025-26 on the company's website (www.xproindia.com). The company also reminds shareholders to update KYC details and dematerialize physical securities as per SEBI regulations, highlighting that payments will be electronic only for those with incomplete details. Contact information for the Registrar & Share Transfer Agent (RTA) is provided for queries and service requests.

Xpro India Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The report, filed as per SEBI regulations, details the company's operations, products, and markets served. Key business activities include the manufacture of semi-finished plastic products, primarily Dielectric/Capacitor Films (BOPP Films), Coextruded Cast Films, and Coextruded Sheets for refrigerator liners. The company reported export sales of INR 22.45 crores, representing 4.44% of its total turnover for FY26. The BRSR is prepared on a standalone basis and covers the entity's corporate identity, registered and corporate addresses, contact information, and financial year reporting details. The report also outlines the markets served nationally and internationally, customer types, and product applications.

Xpro India Ltd has announced that its 29th Annual General Meeting (AGM) will be held on July 20, 2026. The meeting will be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM). Key agenda items include the adoption of the Directors' Report and audited financial statements for the financial year ended March 31, 2026, the declaration of a dividend of INR 2.00 per ordinary share, and the re-appointment of a director. Special business will also be transacted, including the ratification of remuneration for cost auditors and the re-appointment of an independent director.