Birlasoft Ltd reported 5.7% growth in total revenues for the Dec-20 quarter on consolidated basis at Rs880.78cr. In terms of specific verticals, Birlasoft saw flat growth in manufacturing and negative growth for energy and utilities. However, the BFSI space and the life sciences practice saw sharp growth yoy and that drove top line into positive.
The consolidated Profit after tax (PAT) for the Dec-20 quarter was up 32.62% at Rs96.39cr. The sharp rise in profits was due to stringent cost controls undertake which led to sharp reduction in the miscellaneous expenses. As a result, the PAT margins improved sharply from 8.72% in Dec-19 to 10.94% in Dec-20.
Financial highlights for Dec-20 compared yoy and sequentially
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Birlasoft Ltd |
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Rs in Crore |
Dec-20 |
Dec-19 |
YOY |
Sep-20 |
QOQ |
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Total Income (Rs cr) |
₹ 880.78 |
₹ 833.29 |
5.70% |
₹ 857.46 |
2.72% |
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Net Profit (Rs cr) |
₹ 96.39 |
₹ 72.68 |
32.62% |
₹ 69.12 |
39.45% |
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Diluted EPS (Rs) |
₹ 3.40 |
₹ 2.59 |
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₹ 2.45 |
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Net Margins |
10.94% |
8.72% |
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8.06% |
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