- Business
- Birlasoft Limited (BSOFT.NS), a global provider of digital and information technology services, offers software development, IT consulting, cloud solutions, artificial intelligence, data analytics, and enterprise applications including Oracle, SAP, Microsoft Dynamics, and JD Edwards implementations; it specializes in digital transformation services such as intelligent automation, blockchain, generative AI, cybersecurity, customer experience enhancement, connected products, and industry-specific solutions for banking, financial services, insurance, life sciences, manufacturing, energy, utilities, high-tech, automotive, media, and consumer goods. Founded in 1990 and headquartered in Pune, India, the company, part of the CKA Birla Group, operates primarily in the Americas (86% of revenue), Europe, and Asia-Pacific regions with nearly 12,000 professionals across delivery centers in India and offices in the United States, United Kingdom, and other markets. In recent developments, Birlasoft signed new deals worth US$448 million and renewals of US$428 million in FY24 for a total contract value of US$876 million, including significant wins such as a US$100 million deal ramping up in FY25, a core banking platform transformation for a banking client replacing a global Tier-1 firm, a legacy ERP project for a multi-billion dollar North American manufacturing client, and a five-year strategic partnership with a global player; it also reported Q2 FY26 revenue of ₹13,289 million up 3.4% quarter-on-quarter with EBITDA of ₹2,133 million at 16.0% margin, appointed Komal Jain as CEO-Americas, continued investments in AI and GenAI technologies, and maintained strong cash reserves exceeding ₹1,700 crore as of March 2024.