Q4FY21 Company Update - Birlasoft Ltd - ICICI Direct

Birlasoft Ltd's (Birlasoft) dollar revenues increased 3.2% QoQ to US$123.3 million, mainly led by healthy growth across verticals. The manufacturing vertical increased 3.7% QoQ, E&U up 3.2% QoQ, lifescience up 4.0% QoQ. EBITDA margin increased 48 QoQ (up 401 bps YoY) to 16.9%. Overall TCV for FY21 was at US$888 million (up 33% YoY and book to bill ratio of 1.9x). Birlasoft recommended a dividend of Rs. 2.5/share.

For details, click on the link below: Link to the report

Shares of Birlasoft Limited was last trading in BSE at Rs.267.55 as compared to the previous close of Rs. 269.85. The total number of shares traded during the day was 95283 in over 3200 trades.

The stock hit an intraday high of Rs. 272.55 and intraday low of 238.45. The net turnover during the day was Rs. 25156721.

Source : Equity Bulls

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