Birlasoft Q3 results: Net profit rises 33% to Rs 96 cr
The IT providers firm had posted a profit of Rs 72.6 crore within the year-ago interval,
mentioned in a regulatory submitting.
Revenue from operations grew 5.7 per cent to Rs 880.7 crore within the interval below assessment from Rs 833.2 crore in December quarter 2019-20, it added.
Birlasoft has delivered a powerful monetary efficiency within the third quarter of 2020-21 and has hit the 15 per cent EBITDA margins, sooner than deliberate, Birlasoft CEO and Managing Director Dharmender Kapoor mentioned.
“With a clear focused strategy on customer centricity and aligning our sales and delivery in key accounts, we have been able to show about 20 per cent year-on-year growth in our top accounts. With the markets showing a steady improvement, our strategic investments in our digital transformation and cloud strategies are starting to pay off with new deal wins,” he added.
The firm signed offers price USD 109 million in whole contract worth (TCV) throughout the quarter. Its energetic shopper depend was at 295.
In greenback phrases, the corporate’s web profit grew 28.3 per cent to USD 13.1 million, whereas income was up 2.3 per cent to USD 119.5 million in December 2020 quarter from the year-ago interval.
(*96*) headcount stood at 10,399 on the finish of December 2020 quarter, whereas attrition charge was 10.9 per cent.
