Birlasoft Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- Birlasoft Ltd reported a 1.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 0.9%.
- Its expenses for the quarter were down by 0.4% QoQ and up 6.2% YoY.
- The net profit decreased 8.3% QoQ and decreased 27.4% YoY.
- The earnings per share (EPS) of Birlasoft Ltd stood at 4.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1383.48 | 1401.57 | 1371.12 | -1.3% | 0.9% |
Total Expenses | 1227.49 | 1231.89 | 1155.68 | -0.4% | 6.2% |
Profit Before Tax | 155.98 | 169.68 | 215.45 | -8.1% | -27.6% |
Tax | 39.04 | 42.18 | 54.39 | -7.4% | -28.2% |
Profit After Tax | 116.94 | 127.51 | 161.06 | -8.3% | -27.4% |
Earnings Per Share | 4.20 | 4.50 | 5.70 | -6.7% | -26.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Birlasoft Ltd is a prominent player in the IT services industry, specializing in providing digital and information technology consulting services. The company operates globally, offering an array of services including enterprise solutions, IT infrastructure services, and digital transformation consulting. Birlasoft caters to various sectors such as manufacturing, banking and financial services, and healthcare. It has been actively involved in leveraging technology to drive business outcomes for its clients. As of the latest updates, Birlasoft has focused on expanding its digital capabilities and enhancing its service offerings to meet the evolving demands of the market. Any recent major developments specific to the company are not available in this dataset.
Revenue
For the quarter ending Q3FY25, Birlasoft Ltd reported a total income of ₹1,383.48 crores. This reflects a slight decrease of 1.3% from the previous quarter (Q2FY25), where the total income stood at ₹1,401.57 crores. When compared to the same quarter of the previous fiscal year (Q3FY24), the total income increased marginally by 0.9% from ₹1,371.12 crores. Despite the minor dip in quarterly revenue, the year-over-year data indicates a stable revenue stream, maintaining a positive trajectory over the past year. These figures represent the company's ability to sustain its revenue levels amidst a competitive and rapidly evolving industry landscape.
Profitability
In Q3FY25, Birlasoft Ltd recorded a profit before tax of ₹155.98 crores, which marks an 8.1% decrease from ₹169.68 crores in the preceding quarter of Q2FY25. Compared to Q3FY24, there is a notable year-over-year decline of 27.6% from ₹215.45 crores. The profit after tax for Q3FY25 was ₹116.94 crores, down by 8.3% from ₹127.51 crores in Q2FY25, and a significant drop of 27.4% compared to ₹161.06 crores in Q3FY24. The tax expense for the quarter decreased by 7.4% quarter-over-quarter and 28.2% year-over-year. These figures reflect a contraction in profitability, which may be attributed to various operational or market factors. Earnings per share (EPS) also decreased to ₹4.20 in Q3FY25 from ₹4.50 in Q2FY25, representing a 6.7% drop, and a year-over-year decrease of 26.3% from ₹5.70 in Q3FY24.
Operating Metrics
Throughout Q3FY25, Birlasoft Ltd managed to control its total expenses, which amounted to ₹1,227.49 crores, a slight decrease of 0.4% from ₹1,231.89 crores in Q2FY25. However, when compared to the same quarter in the previous year, expenses have increased by 6.2% from ₹1,155.68 crores. This data suggests that while the company has made efforts to optimize its operational costs on a quarterly basis, there has been an upward trend in expenses when analyzed year-over-year. The continuous monitoring and management of these costs are crucial for maintaining financial health in the competitive IT services sector.
