Q1 2025 Birlasoft Ltd Earnings Call Transcript
Key Points
- Birlasoft Ltd (BOM:532400) reported a year-on-year revenue growth of 5.1% in rupee terms and 3.8% in constant currency terms.
- Profit after tax grew by 9.2% year-on-year in rupee terms and 7.6% in dollar terms.
- Total contract value booking increased by 10% year-on-year, reaching $160 million for the quarter.
- Net new total contract value (TCV) rose by 17% year-on-year.
- Strong cash flow generation resulted in cash and cash equivalents rising by 46% year-on-year to INR1,914 crores.
- Quarter-on-quarter revenue saw a decline of 2.7% in constant currency terms and 2.6% in rupee terms.
- EBITDA margin fell to 14.7%, reflecting costs associated with delayed projects and lower utilization levels.
- The ERP business experienced a quarter-on-quarter decline, impacting the manufacturing vertical significantly.
- Profit after tax decreased by 15.6% quarter-on-quarter.
- The company faced challenges due to sluggish customer discretionary spend and deferment of new project ramp-ups.
Ladies and gentlemen, good day, and welcome to Birlasoft's Q1 FY25 post results conference call. (Operator Instructions). Please note that this conference is being recorded.
I now hand the conference over to Mr. Abhinandan Singh, Head, Investor Relations, Birlasoft. Thank you and over to you, sir.
Thank you, and welcome, folks. By now, you would have received or seen our results. Those are also available on our website, www.birlasoft.com. Joining me on the call today with me are our CEO and MD, Mr. Angan Guha; and our CFO, Ms. Kamini Shah.
We will begin the call today, as usual, with opening remarks from both Angan and Kamini. But before I hand over the floor to Angan, a quick reminder that anything that we say on this call on the company's outlook for the future would be a forward-looking statement, and therefore that must be heard or read in conjunction with the disclaimer that appears in our first quarter FY25
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
