Birlasoft Ltd has reported a revenue increase of 3.4% quarter-on-quarter, reaching ₹13,289 million for the second quarter of the fiscal year 2026, which concluded on September 30, 2025. This growth comes despite a challenging macroeconomic environment, as stated by Angan Guha, Chief Executive Officer and Managing Director of Birlasoft.
In a detailed financial update released on November 6, 2025, the company highlighted a significant improvement in its performance metrics. The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rose to ₹2,133 million, marking a 34.3% increase from the previous quarter. The EBITDA margin expanded to 16.0%, up from 12.4% in Q1 FY26, underscoring the firm’s enhanced operational efficiencies.
Key Financial Highlights
Mr. Chandrasekar Thyagarajan, Chief Financial Officer, elaborated on the results, stating, “Our revenue growth was driven primarily by the BFSI (Banking, Financial Services, and Insurance) and Lifesciences & Services verticals, which compensated for a decline in the Manufacturing sector.” Lifesciences & Services saw a growth of 6.4%, while BFSI grew 1.8% in dollar terms.
The company’s revenue performance indicated a robust pipeline, with new deals signed amounting to a total contract value (TCV) of $107 million during the quarter. This included new deal wins of $40 million and renewals of $67 million. The number of active clients decreased to 239 from 247 in the previous quarter, reflecting some rationalization of tail accounts.
Cash and cash equivalents stood at ₹23,434 million, reflecting a 3% increase quarter-on-quarter and a substantial 26% rise year-on-year. The company maintained a strong cash flow, with days sales outstanding (DSO) improving to 55 days from 58 days in the previous quarter.
Strategic Developments and Future Outlook
Birlasoft has recently achieved the AWS DevOps Competency status, solidifying its position as a partner with deep expertise in delivering DevOps solutions. This status is expected to enhance the company’s offerings in accelerating application delivery and automating operations.
In a strategic move to strengthen its leadership in the Americas, Birlasoft has appointed Mr. Komal Jain as CEO for the Americas. His role will focus on driving growth across the United States, Canada, and Latin America while enhancing client partnerships and shaping the company’s innovation agenda.
During this quarter, Birlasoft secured several noteworthy contracts, including a deal with a major agricultural and construction equipment manufacturer to optimize their supply chain through AI integration. Additionally, the company won a strategic project for a large Payments, Cards & Banking client, successfully replacing a global Tier-1 firm.
Recognition has also come Birlasoft’s way, as it was designated as a ‘Leader’ in the 2025 ISG Provider Lens® Study for Generative AI Services and AI-driven Application Development and Management Services. Furthermore, its talent transformation platform, SkillFolio, was honored at the FICCI National HR Innovation Awards.
Birlasoft continues to demonstrate resilience and adaptability, as it navigates market challenges while driving innovation and achieving growth. The company remains committed to enhancing its capabilities and leveraging advanced technologies to deliver future-ready solutions.
For more information, visit Birlasoft’s official website at www.birlasoft.com or connect with them on their social media platforms.
