Thanks ! It works when placed in the home directory.

This issue still persists with Xcode 15 . The process causes the MacBook to severely heat up and the battery drained to zero. I haven't received any fix or communication through Feedback App.

Umm , Installing the logging profile seems to have rectified the issue. Xcode has never run this smooth for me ! Hope it stays the same 🤞and doesn't revert when the profile expires. Thanks !