Economy
Birlasoft Shares Surge 12% After Q2 Net Profit Rise

Birlasoft Shares Surge 12% After Q2 Net Profit Rise

Livemint2h
THE BRIEF
1

Birlasoft shares surged over 12% on Thursday after the IT services firm reported a 37.5% year-on-year increase in consolidated net profit to ₹160 crore for the September quarter.

2

Revenue from operations grew 6.6% to ₹1,416 crore compared with ₹1,329 crore in the same period last year.

3

The company's board recommended an interim dividend of ₹3 per equity share, equivalent to 150% of the share's face value of ₹2, for FY27.