Birlasoft Limited has been in focus on Wednesday. The company has announced its unaudited consolidated financial results for the third quarter ended December 31, 2024.
On February 12, 2025, Birlasoft share price (NSE: BSOFT) opened at ₹475.00, down from its previous close of ₹504.35. At 10:42 AM, the share price of Birlasoft was trading at ₹500.25, down by 0.81% on the NSE.
The company reported a steady financial performance, with revenue increasing by 1.5% year-on-year (YoY) to ₹13,627 million. However, in USD terms, revenue stood at $160.8 million, reflecting a slight decline of 0.3% YoY and 0.1% in constant currency terms.
The company’s EBITDA for the quarter was ₹1,634 million, with an EBITDA margin of 12.0%. Meanwhile, profit after tax (PAT) stood at ₹1,169 million, translating to basic earnings per share (EPS) of ₹4.20.
The company witnessed an increase in its cash and cash equivalents, which rose 21.7% YoY to ₹20,552 million, driven by strong collections and disciplined financial management.
Birlasoft recorded a total contract value (TCV) of $226 million for Q3 FY25, reflecting a 66% quarter-on-quarter (QoQ) growth and a 4% YoY increase. This was fueled by order bookings, including new deal wins worth $64 million and renewals amounting to $162 million. The company’s active client count grew to 265 from 261 in the previous quarter, with the number of $5 million+ clients rising from 24 in Q2 FY25 to 27 in Q3 FY25.
Birlasoft’s financial strength was further reinforced by its growing cash reserves, which increased 10.6% QoQ to ₹20,552 million from ₹18,587 million in the preceding quarter.
Birlasoft, a global leader in Cloud, AI, and Digital technologies, combines deep domain expertise with enterprise solutions. With a consultative and design-thinking approach, the company enhances business efficiency and productivity worldwide. A part of the $3 billion CK Birla Group, Birlasoft benefits from the group’s extensive presence, which includes over 35,000 employees and 52 manufacturing facilities across the globe.
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Published on: Feb 12, 2025, 1:18 PM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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