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, supported by growth in key accounts and across its manufacturing, banking, financial services and insurance (BFSI), and lifesciences and services (LSS) verticals.