The company posted a 37.5% year-on-year surge in consolidated net profit to ₹160 crore, supported by revenue climbing to ₹1,416 crore across key accounts, manufacturing, BFSI, and lifesciences. However, operating margin narrowed to 13.4% as EBIT declined, and total contract value slid 31% quarter-on-quarter to $116 million. Additionally, shareholders are set to receive an interim dividend of ₹3 per equity share recommended by the board.
Key points
Nuvama Institutional Equities maintained a Hold rating while lifting its target price fro…: Nuvama Institutional Equities maintained a Hold rating while lifting its target price from ₹280 to ₹300 due to higher growth expectations.
Chart specialists from SAHI and SMC Global Securities identified double-bottom formations…: Chart specialists from SAHI and SMC Global Securities identified double-bottom formations with major resistance observed around the ₹337 to ₹340 and ₹358 levels.
A decisive breakout over key hurdles could target ₹360 and ₹390, provided the stock holds…: A decisive breakout over key hurdles could target ₹360 and ₹390, provided the stock holds its immediate downside support near ₹310 to ₹313.
Sources checked by our analysis pipeline: 1
Birlasoft shares surged more than 12% on Thursday, 29 October, after the IT services company reported a strong rise in net profit for the September quarter of FY27, alongside an increase in revenue and higher order bookings.
The company’s consolidated net profit climbed 37.5% year-on-year (YoY) to ₹160 crore in Q2 FY27, compared with ₹116 crore in the corresponding quarter last year. Revenue from operations grew 6.6% to ₹1,416 crore from ₹1,329 crore a year earlier.
However, operating profitability remained under pressure. Earnings before interest and tax (EBIT) declined 1.4% YoY to ₹190.3 crore from ₹193 crore, while the EBIT margin narrowed to 13.4% from 14.5% in the year-ago quarter.
Birlasoft’s board also recommended an interim dividend of ₹3 per equity share, equivalent to 150% of the share’s face value of ₹2, for FY27. The dividend will be paid within 30 days of the board’s declaration, in accordance with the applicable provisions of the Companies Act, 2013.
Commenting on the results, Angan Guha, Chief Executive Officer and Managing Director of Birlasoft, said the company’s revenue performance improved during the quarter,…
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