Birlasoft reports 41% fall in Q1 consolidated net profit
8th Aug 2019

Birlasoft has reported results for first quarter ended June 30, 2019.

The company has reported 49.37% fall in its net profit from continuing operations at Rs 29.95 crore for the quarter under review as compared to Rs 59.16 crore for the same quarter in the previous year. However, total income of the company increased by 58.28% at Rs 351.82 crore for Q1FY20 as compared Rs 222.28 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 41.13% in its net profit from continuing operations at Rs 41.80 crore for the quarter under review as compared to Rs 71.00 crore for the same quarter in the previous year. However, total income of the company increased by 31.48% at Rs 785.64 crore for Q1FY20 as compared Rs 597.53 crore for the corresponding quarter previous year.