BIRLASOFT LIMITED

rs,

October 31, 2023 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001. National Stock Exchange of India Ltd., Exchange Plaza, C/1, G Blo

3.0%

Investor Update Q2 FY 2023-24 Birlasoft’s Q2FY24 Revenue up 3.0% QoQ to $158.3 Mn Strong order-booking with deals TCV of $271 Mn Secures a $100Mn+ TCV deal with a

52 bps

n Secures a $100Mn+ TCV deal with a Fortune 500 corporation in North America EBITDA margin expands 52 bps QoQ to 15.8%; Strong cash flow generation with OCF-to-EBITDA at 93% Pune (India), Oct 31, 2023: Bi

15.8%

100Mn+ TCV deal with a Fortune 500 corporation in North America EBITDA margin expands 52 bps QoQ to 15.8%; Strong cash flow generation with OCF-to-EBITDA at 93% Pune (India), Oct 31, 2023: Birlasoft, a pa

93%

merica EBITDA margin expands 52 bps QoQ to 15.8%; Strong cash flow generation with OCF-to-EBITDA at 93% Pune (India), Oct 31, 2023: Birlasoft, a part of the USD 2.9 billion diversified CK Birla Group,

2.9 billion

flow generation with OCF-to-EBITDA at 93% Pune (India), Oct 31, 2023: Birlasoft, a part of the USD 2.9 billion diversified CK Birla Group, today reported its unaudited consolidated financial results for the s

3.1%

ring robustly across all three fronts – growth, margins, and deal wins. Our Q2FY24 revenue grew by 3.1% sequentially in constant currency terms and by 3.0% in dollar terms on the back of better account

100 million

ng and deal ramp-ups. Deal wins too have been strong, led by a very large deal with a TCV of over $100 million secured during the quarter. On the capabilities front, we continue to scale up our emerging tech s

Rs 13,099

under review has been characterized by a well-rounded performance with our revenues increasing to Rs 13,099 mn, a growth of 10% year-on-year. Ex of Invacare, this represents a growth of 13% year-on-year. We

10%

racterized by a well-rounded performance with our revenues increasing to Rs 13,099 mn, a growth of 10% year-on-year. Ex of Invacare, this represents a growth of 13% year-on-year. We also witnessed fur

13%

reasing to Rs 13,099 mn, a growth of 10% year-on-year. Ex of Invacare, this represents a growth of 13% year-on-year. We also witnessed further improvement in our EBITDA margin which has expanded to 15

₹ 13,099

cial Officer, Birlasoft. Key Financial highlights for Q2 FY24 In INR ₹ In USD $ • Revenue at ₹ 13,099 M, up 3.7% QoQ and up 10% YoY • EBITDA at ₹ 2,071 M; up 7.3% QoQ, EBITDA margin at 15.8% • PAT at

For further information please contact

1

For further information please contact

Abhinandan Singh Tanushree Mahanty Investors / Analysts +91 9820293450 Media +91 9899195348 abhinandan.singh@birlasoft.com tanushreem1@birlasoft.com Fact Sheet Q2 FY 2023-24 INR Revenue up 9.9% YoY EBITDA Margin expands to 15.8% $ 271 M TCV Deal wins Key Financial Metrics QoQYoY3.1%5.7%QoQYoYRevenue $ M148.8153.6158.33.0%6.4%EBITDA Margin % 14.8%15.3%15.8%EBIT Margin %13.1%13.6%14.2%Effective Tax Rate %21.8%24.3%25.8%PAT $ M14.416.7 17.5PAT - Net Profit Margin %9.7%10.9%11.1%EPS - Earnings Per Share (In ₹)Basic ₹4.124.97 5.24Diluted ₹4.084.92 5.18Days Sales Outstanding - Billed565352Growth (%)Growth (%)Q2 FY24Key Financial Metrics - Q2 FY24Financials $ MQ2 FY23Q1 FY24Constant Currency (CC) Revenue growth during Q2 FY24 Key Operating Metrics Q2 FY23Q1 FY24Q2 FY24Americas84.1%84.0%85.8%Europe9.6%10.1%8.2%Rest of the World6.3%6.0%6.0%Total100.0%100.0%100.0%Q2 FY23Q1 FY24Q2 FY24Manufacturing41.8%40.7%41.1%BFSI19.1%20.7%21.1%Energy & Utilities14.1%14.3%13.7%Lifesciences & Services25.0%24.4%