Birlasoft Ltd. (NSE: BSOFT) was established in 1990 as part of the diversified CK Birla Group, one of India’s leading business and industrial houses. Birlasoft is the global technology services division of the CK Birla Group with a strategic ownership interest by GE Capital.
Birlasoft combines the power of domain, enterprise and digital technologies to reengineer business processes for customers and their ecosystem. The company’s consulting and design approach increases company productivity by helping customers run businesses.
Birlasoft offers IT services worldwide from development centers in India and Australia. BSOFT and KPIT’s IT services divisions have merged to form a leading publicly traded Enterprise Digital and IT Services company.
Birlasoft had strengths primarily in digital business outside of ERP, while KPIT IT Services had core strengths in enterprise software solutions and capabilities in digital transformation services.
The company’s total revenue on a consolidated basis for the quater ended September 30, 2022 stood at Rs 1183.4 Crore, an increase of 14.20 % over the previous year. The company’s total expenses on a consolidated basis for the quater ended September 30, 2022 stood at Rs 1042.01 Crore, an increase of 18.06 % over the Previous Year.
Profit before tax is Rs 147.2 Crore, an increase of 6.43 % over the previous year. EPS on a consolidated basis for the quater ended September 30, 2022 stood at Rs 4.12, an increase of 11.05 % over the Previous Year.