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Birlasoft Ltd Q1FY24; 14% rise in Profits.

Birlasoft is engaged in Computer programming, consultancy, and related activities. It provides software development and IT consulting to its customers predominantly in Banking, Financial Services, and Insurance, Life Sciences and Services, Energy Resources and Utilities, and Manufacturing. The Company’s registered office is in Pune. It is part of The CK Birla Group, Birlasoft, comprising over 10,000 plus professionals.

Financial Results:

Birlasoft Ltd reported Revenues for Q1FY24 of ₹1,263.00 Crores up from ₹1,154.00 Crore year on year, a rise of 9.45%.

Total Expenses for Q1FY24 of ₹1,095.00 Crores up from ₹1,008.00 Crores year on year, a rise of 8.63%.

Consolidated Net Profit of ₹138.00 Crores up 14.05% from ₹121.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.00, up 16.01% from ₹4.31 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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