Birlasoft reported healthy Q2 financial results for the quarter despite a challenging macro.
Revenue grew 3.4% QoQ to ₹1,328.9 Cr, driven by strong performance in Lifesciences & Services and BFSI verticals.
EBITDA margin expanded significantly to 16.0% (from 12.4%), thanks to improved operational efficiencies and exchange tailwinds.
Strategically, the company is enhancing capabilities with advanced AI, including Agentic AI, and has appointed a new CEO-Americas to accelerate growth and strengthen client partnerships.
Recent developments include signing deals with a Total Contract Value (TCV) of $107 M, highlighting wins in AI-driven supply chain, ERP transformation, and hyper automation.
Birlasoft also achieved AWS DevOps Competency status.
Key financials: PAT was ₹116.1 Cr (EPS ₹4.16). Cash & cash equivalents surged 26.1% YoY to ₹2,343.4 Cr, with Days Sales Outstanding (DSO) improving to 55 days.
The Board declared an interim dividend of ₹2.50 per share.
Management remains focused on operational efficiency, strong cash flows, and a robust pipeline, anticipating an upswing in deal wins.
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