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Birlasoft zooms on reporting 6% rise in Q1 consolidated net profit
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Birlasoft is currently trading at Rs. 351.75, up by 9.15 points or 2.67% from its previous closing of Rs. 342.60 on the BSE.
The scrip opened at Rs. 342.15 and has touched a high and low of Rs. 354.85 and Rs. 342.15 respectively. So far 202736 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 585.85 on 10-Jan-2022 and a 52 week low of Rs. 306.60 on 15-Jul-2022.
Last one week high and low of the scrip stood at Rs. 354.85 and Rs. 332.45 respectively. The current market cap of the company is Rs. 9870.19 crore.
The promoters holding in the company stood at 40.32%, while Institutions and Non-Institutions held 36.36% and 23.32% respectively.
Birlasoft has reported results for first quarter ended June 30, 2022.
The company has reported a rise of 16.08% in its net profit at Rs 77.01 crore for the quarter under review as compared to Rs 66.34 crore for the same quarter in the previous year. Total income of the company increased by 23% at Rs 586.04 crore for Q1FY23 as compared Rs 476.47 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 6.23% in its net profit at Rs 120.72 crore for the quarter under review as compared to Rs 113.64 crore for the same quarter in the previous year. Total income of the company increased by 21.01% at Rs 1,169.89 crore for Q1FY23 as compared Rs 966.78 crore for the corresponding quarter previous year.
