Xerox India demonstrated robust financial growth in FY24, with notable increases in profit, assets, and equity, positioning the company well for future stability.<ul><li>Revenue Growth: Xerox India achieved a slight increase in revenue, up by 0.40% to ₹447.25 crore, showing stability in its core business.</li><li>Significant Profit Growth: PAT increased sharply by 78.24% to ₹18.43 crore, and EPS rose by 42.56% to ₹4.12, indicating strong profitability improvements.</li><li>Asset and Equity Increase: Total Assets grew by 11.64% to ₹437.5 crore, and Total Equity rose by 8.01% to ₹248.51 crore, reflecting strengthened financial stability.</li></ul>

Xerox India has achieved profitability due to decline in tax expenses not because of better operations.

Flat Financial Performance of Xerox India in FY24