Birlasoft Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
October 31, 2023 at 08:43 am EDT
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Birlasoft Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 13,098.75 million compared to INR 11,920.77 million a year ago. Revenue was INR 13,254.39 million compared to INR 11,893.57 million a year ago. Net income was INR 1,450.77 million compared to INR 1,150.54 million a year ago. Basic earnings per share from continuing operations was INR 5.24 compared to INR 4.12 a year ago. Diluted earnings per share from continuing operations was INR 5.18 compared to INR 4.08 a year ago.
For the six months, sales was INR 25,726.46 million compared to INR 23,464.89 million a year ago. Revenue was INR 26,022.68 million compared to INR 23,592.43 million a year ago. Net income was INR 2,826.18 million compared to INR 2,357.77 million a year ago. Basic earnings per share from continuing operations was INR 10.23 compared to INR 8.41 a year ago. Diluted earnings per share from continuing operations was INR 10.1 compared to INR 8.33 a year ago.
Birlasoft Limited is an India-based company, which is engaged in providing information and communication, computer programming, consultancy, and related activities. The Company provides a range of services, which includes digital and enterprise technologies and services. Its digital services include data analytics, connected products, intelligence automation, connected products, cloud, and blockchain. Its enterprise technologies and services include customer relationship management, manufacturing, execution systems, product lifecycle management, supply chain management, information technology (IT) transformation, applications management, testing, infrastructure, and cloud technology. Its solutions include intelliAsset, TruView contract lifecycle management (CLM), Supplier Risk Rader, submission automation, and AKOYA. It serves various industries, which include automotive, banking, manufacturing, capital markets, insurance, media and entertainment, energy and resources, and others.