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Birlasoft Ltd reports Rs. 113.64 crores consolidated PAT in Q1FY22



Posted On : 2021-07-28 17:29:04( TIMEZONE : IST )

Birlasoft Ltd reports Rs. 113.64 crores consolidated PAT in Q1FY22

Birlasoft Limited has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.966.78 crores during the period ended June 30, 2021 as compared to Rs.907.94 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.113.64 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.98.97 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.3.96 for the period ended June 30, 2021 as compared to Rs.3.48 for the period ended March 31, 2021.

FinancialsQ1 FY2021-22Q4 FY20-21% Change
Total Income₹ 966.78 crs₹ 907.94 crsUp Tick 6.48%
Net Profit₹ 113.64 crs₹ 98.97 crsUp Tick 14.82%
EPS₹ 3.96₹ 3.48Up Tick 13.79%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.966.78 crores during the period ended June 30, 2021 as compared to Rs.906.50 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.113.64 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.56.34 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.3.96 for the period ended June 30, 2021 as compared to Rs.2.01 for the period ended June 30, 2020.

FinancialsQ1 FY2021-22Q1 FY2020-21% Change
Total Income₹ 966.78 crs₹ 906.50 crsUp Tick 6.65%
Net Profit₹ 113.64 crs₹ 56.34 crsUp Tick 101.7%
EPS₹ 3.96₹ 2.01Up Tick 97.01%

Dharmender Kapoor, Chief Executive Officer and Managing Director, Birlasoft, said, "We have begun FY22 on a positive note with healthy growth and improved traction in our Enterprise Solutions business and net new wins. Our consistent QoQ growth, sustainable profitability, and continuous improvement in PAT are a testament to our value creation for shareholders. Keeping customer centricity at the core, we have reorganized and redefined our service lines to align with contemporary market demands and customer priorities in the hyper-digital and subscription economy. We are confident that the consolidation of our complementary service offerings under the three pillars of Business and Technology Transformation, Cloud and Base services, and Enterprise Solutions will allow us to be more agile and deepen our capabilities, thereby effectively addressing our customers' business needs."

Shares of Birlasoft Limited was last trading in BSE at Rs. 407.75 as compared to the previous close of Rs. 404.3. The total number of shares traded during the day was 236913 in over 6533 trades.

The stock hit an intraday high of Rs. 415 and intraday low of 395. The net turnover during the day was Rs. 96463991.

Source : Equity Bulls

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