Hello @Hemanathan V
Welcome to Q&A forum!
In this case, there are some reasons lead to this issue such as If the source cell or the result cell has Strikethrough applied in "Format Cells" -> "Font", the value returned by XLOOKUP/VLOOKUP will inherit that formatting. Additionally, some Conditional Formatting rules may automatically apply Strikethrough when certain conditions are met (e.g., marking items as “deleted” or “expired”).
In this case, I will give you some guide to double check at your end:
1) Check for Strikethrough Font Formatting
If the cell or the source cell is formatted with Strikethrough, Excel will display the result that way even though the formula itself is correct.
- Select the affected cells -> Right click on these cells -> Go to the "Font" tab → Ensure "Strikethrough is unchecked".

- Alternatively, use Home -> Clear -> Clear Formats on the output cells (if you do not need other formatting on this sheet).

Tip: If the Strikethrough appears only intermittently, it may be applied by "Conditional Formatting".
2) Remove Conditional Formatting Rules That Apply Strikethrough
A rule on the range (or entire sheet) may set Font -> Strikethrough when a condition is met.
- Navigate to Home -> Conditional Formatting -> Manage Rules…
- Change Show formatting rules for to This Worksheet.


- Look for any rule that sets Strikethrough in Format… → Font, especially those targeting your lookup range or output column.
- Edit or delete those rules as needed.
Even though I’ve tried to make this as close as possible to your experience, we may be in different testing environments, and I might not fully understand your needs. Please feel free to contact me again if you still have any concerns.
Hope my guidance can support you!
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