Birlasoft traded 1.8% lower, closing at ₹306.10 on the NSE, after the board announced a ₹3 per share interim dividend.
Revenue climbed 6.6% YoY to ₹1,416 crore, a modest gain compared to the 12% average for the IT services sector, but EBIT fell 1.4% to ₹190.3 crore, squeezing the margin from 14.5% to 13.4%.
CFO Chandrasekar Thyagarajan highlighted a 2.7% quarter‑on‑quarter revenue uptick and a 15% jump in first‑half order‑booking value, while the EBITDA margin held steady at 15.2%, and days‑sales‑outstanding dropped to 51 days, its lowest in two years.
Chief Executive Officer Angan Guha said AI and emerging‑tech capabilities are the key growth drivers, and that near‑term performance will mirror macroeconomic conditions and seasonal trends, while the firm continues to invest in sales and domain capabilities.
Shares have climbed 13% in the last month but remain down 29.1% year‑to‑date, reflecting a broader pullback in the IT services space amid rising costs and a tightening credit environment.