Birlasoft Limited (BSE: 532400, NSE: BSOFT), a part of the CK Birla Group, has announced its financial results for the second quarter ending September 30. The company reported a mixed performance and shared optimistic expectations for the second half of the fiscal year.

Financial Highlights

• Revenue: ₹13,289.03 million, up 3.4% quarter-on-quarter (QoQ)
• EBITDA: ₹2,133.00 million, with EBITDA margin expanding to 16.0% from 12.4% in Q1
• Profit After Tax (PAT): ₹1,161.02 million
• Earnings Per Share (EPS): ₹4.16 (basic, not annualized)

Segment Performance

The Life Sciences & Services vertical showed the strongest growth, while Manufacturing experienced a slight decline.

Management Commentary

Mr. Angan Guha, Chief Executive Officer and Managing Director of Birlasoft, commented on the results: "We have delivered a healthy operating quarter in the face of a macro-environment that remains challenging. Our performance during the quarter under review also reflects our ability to drive operational efficiencies and generate strong cash flows."

He added, "We continue to make investments aimed at enhancing our capabilities and are leveraging advanced AI-led capabilities, including Agentic AI, across multiple engagements. Our pipeline remains robust and we expect an upswing in deal wins as customer decision-making picks up."

Future Outlook

Birlasoft expects revenue growth for Q3 and Q4, aiming for stronger performance in the second half compared to the first half of the fiscal year. This positive outlook is supported by the company's robust deal pipeline and anticipated improvement in customer decision-making processes.

Other Developments

• The Board of Directors declared an interim dividend of ₹2.50 per equity share.
• Birlasoft granted 250,000 options under its Share Incentive Plan-2019 and 62,500 Restricted Stock Units (RSUs) along with 87,500 Performance Stock Units (PSUs) under its Share Incentive Plan-2022 to eligible employees.

Cash Position and Deal Wins

• Cash and cash equivalents increased to ₹23,434.00 million, up 2.5% QoQ and 26.1% year-over-year.
• The company signed deals with a Total Contract Value (TCV) of $107 million during the quarter, including new deal wins of $40 million.

Birlasoft continues to focus on operational efficiency, cash flow generation, and prudent capital allocation as it navigates the current market conditions and prepares for anticipated growth in the latter half of the fiscal year.

Birlasoft Limited , a part of the CK Birla Group, has announced a significant move to enhance employee incentives through new stock option grants. The company's Nomination and Remuneration Committee (NRC) approved these grants on November 6, 2025, under two share incentive plans.

Details of the Stock Option Grants

The grants were made under two distinct share incentive plans:

1. Birlasoft Share Incentive Plan-2019:

   • 250,000 Restricted Stock Units (RSUs) granted
   • Exercise price set at Rs. 370.40 per unit

2. Birlasoft Share Incentive Plan-2022:

   • 62,500 Performance Stock Units (PSUs) granted
   • 87,500 stock options granted
   • Exercise price for both PSUs and options set at Rs. 2.00 per unit

Each option, RSU, and PSU carries the right to be converted into one share of the company. The vesting schedule and exercise period for these grants will be determined by the NRC in accordance with the terms of the respective share incentive plans.

Significance of the Move

This initiative by Birlasoft underscores the company's commitment to aligning employee interests with those of the shareholders. By offering a mix of RSUs, PSUs, and traditional stock options, Birlasoft is providing its employees with a diverse range of long-term incentives. This strategy may help in attracting and retaining top talent in the competitive IT services sector.

Background on the Share Incentive Plans

The Birlasoft Share Incentive Plan-2019 was approved by the Board of Directors on August 12, 2019, and subsequently by the company's shareholders on October 3, 2019. The more recent Birlasoft Share Incentive Plan-2022 received Board approval on May 23, 2022, and shareholder approval on August 3, 2022.

Market Impact

While the immediate market reaction to this news remains to be seen, such employee stock option plans are generally viewed positively by investors. They are seen as a tool for potentially improving employee productivity and loyalty, which can contribute to the company's long-term performance.

Investors and market analysts may monitor how these incentives impact Birlasoft's ability to attract and retain key talent, as well as the potential dilutive effect on existing shareholdings.

As Birlasoft continues to navigate the dynamic IT services landscape, these stock option grants represent a strategic move to strengthen its human capital and potentially drive future growth.