BIRLASOFT LIMITED

During the earnings call held on July 28, 2026, management reported a revenue growth of 0.3% in constant currency quarter-on-quarter, with a 2.3% increase in rupee terms and a 7.4% year-on-year growth. EBITDA margins normalized to 16.1%, and EBITDA for the quarter was INR 222 crore, reflecting a 40.3% year-on-year increase. Management highlighted strong deal signings of $168.7 million, up 20% year-on-year, including several AI-led engagements. They noted ongoing investments in AI capabilities and a focus on enhancing sales teams. The CFO provided insights on financial performance, including a healthy cash flow and improved collections. Management acknowledged challenges in certain verticals, particularly Manufacturing and Energy & Utilities, but expressed confidence in sustaining momentum in Financial Services and Life Sciences. The call concluded with management emphasizing their solid fundamentals and commitment to growth.

Management reported both growth achievements and ongoing challenges in specific verticals.