Birlasoft Share Price: Birlasoft reports a Q3 profit of Rs 161 crore.

In a regulatory statement on Wednesday, IT giant Birlasoft recorded consolidated profit after tax of Rs 161 crore for the third quarter that concluded in December 2023.

Birlasoft Share Price

Birlasoft Share Price: In the corresponding quarter of last year, the company reported a loss of Rs 16.36 crore.

From Rs 1,221.89 crore in the December 2022 quarter to Rs 1,342.5 crore in the December 2023 quarter, Birlasoft’s operating revenue increased by roughly 10%.

Angan Guha, the chief executive officer and managing director of Birlasoft, said in a statement, “We have delivered a strong and well-rounded operating performance, with a 1.9 per cent sequential growth in revenue to USD 161.3 million in a seasonally soft quarter and an expansion in EBITDA margin even after absorbing the full impact of compensation hikes.”

The company’s personnel climbed somewhat from 12,322 to 12,356 in the December 2023 quarter, while the attrition rate decreased to 12.6% in the reporting quarter.

birlasoft share price nse: Chief financial officer of Birlasoft Kamini Shah stated, “Our sharp focus on disciplined execution and operational efficiency position us well to successfully navigate through the current macroeconomic environment.” ANK BAL BAL PTI PRS

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