Birlasoft share price hits 52-week low after Q3 result; should you buy this mid-cap IT stock or avoid?

Birlasoft share price fell over 6 per cent to hit a 52-week low of ₹472.40 in intraday trade on the BSE on Wednesday, February 12, a day after the company’s December quarter (Q3) result. The mid-cap IT stock opened at ₹484.95 against its previous close of ₹504.70 and touched the one-year low level of ₹472.40, falling 6.4 per cent. The stock, however, pared losses and traded 1.74 per cent down at ₹495.90 around 1:50 PM.

Birlasoft Q3 result

The IT company reported a 27 per cent year-on-year (YoY) decline in its Q3FY25 consolidated net profit to ₹117 crore from ₹161 crore in the same quarter last year.

Revenue from operations, however, rose 1.5 per cent to ₹1,362.7 crore, compared to ₹1,342.9 crore in the year-ago period.

The company’s deals TCV rose 4 per cent YoY and 66 per cent QoQ to $226 million, led by strong order booking.

The company’s Chief Financial Officer Kamini Shah pointed out that Birlasoft’s EBITDA margin stood at 12 per cent for the quarter, representing only a marginal sequential decline even after implementing a salary increase effective October 1st, based on multiple operational efficiency initiatives.

Shah underscored that the company maintained its robust track record of strong quarterly collections and cashflow generation, resulting in a 21.7 per cent rise year-on-year in cash and cash equivalents to ₹2,055.2 crore.