Birlasoft Q2 FY26 Revenue Up 3.4%, EBITDA Margin Expands to 16.0%

Birlasoft announced a 3.4% quarter-on-quarter increase in revenue, reaching ₹13,289 Mn for Q2 FY26. EBITDA also saw significant growth, up by 34.3% to ₹2,133 Mn, with EBITDA margin expanding to 16.0%. The company reported improved DSO at 55 days and a 26% year-over-year increase in cash and cash equivalents, reaching ₹23,434 Mn. The Board has recommended an interim dividend of ₹2.50 per share.

Financial Highlights for Q2 FY26

Birlasoft (BSE: 532400, NSE: BSOFT) reported its Q2 FY26 results on November 6, 2025, showcasing significant growth in revenue and profitability.

Key financial figures include:

  • Revenue: ₹13,289 M, a 3.4% increase QoQ.
  • EBITDA: ₹2,133 M, with an EBITDA Margin of 16.0%.
  • PAT: ₹1,161 M, translating to basic EPS of ₹4.16 (not annualized).
  • Adjusted PAT: ₹1,477 M, translating to basic EPS of ₹5.28 (not annualized).
  • Cash and cash equivalents: ₹23,434 M, up 2.5% QoQ and 26.1% YoY.

In USD terms:

  • Revenue: $150.7 M, up 0.1% QoQ.
  • EBITDA: $24.2 M, with an EBITDA Margin of 16.0%.
  • PAT: $13.2 M, with a PAT Margin of 8.7%.
  • Adjusted PAT: $16.7 M, with an Adjusted PAT Margin of 11.1%.

Operational Performance

Birlasoft noted that its revenue performance was primarily driven by the Lifesciences & Services (LSS) and BFSI verticals, as well as infrastructure service lines. Specifically:

  • Lifesciences & Services (LSS) grew by 6.4%, and BFSI increased by 1.8% QoQ in dollar terms.
  • Infrastructure services grew by 11.2% QoQ.

The company signed deals with a Total Contract Value (TCV) of $107 M during the quarter, comprising $40 M in new deal wins and $67 M in renewals.

Client and Workforce Metrics

  • Active Client Count: 239 in Q2 FY26.
  • Workforce strength: 11,892 as of September 30, 2025, with an attrition rate of 13.3%.

Key Deal Wins

  • Signed a deal with a large agricultural and construction equipment manufacturer to optimize warehouse picking operation by integrating AI software with SAP Extended Warehouse Management.
  • Won a strategic deal on configuration management of a large Payments, Cards & Banking client’s core banking platform.
  • Won a legacy ERP transformation project for a new multi-billion dollar global manufacturing client in North America.

Awards and Recognitions

  • Recognized as a ‘Leader’ in Generative AI Services 2025 ISG Provider Lens® Study – Global.
  • Recognized as a ‘Leader’ in AI-driven ADM Services 2025 ISG Provider Lens™ Study.

Source: BSE

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