Investing.com - Birlasoft reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Birlasoft announced earnings per share of ₹4.08 on revenue of ₹11.92. Analysts polled by Investing.com anticipated EPS of ₹4.12 on revenue of ₹12.13B.
Birlasoft shares are up 7% from the beginning of the year , still down 52.70% from its 52 week high of ₹585.85 set on Monday, January 10, 2022.
Birlasoft follows other major Information Technology sector earnings this month
Birlasoft's report follows an earnings beat by Tata Consultancy on Monday, October 10, 2022, who reported EPS of ₹28.5 on revenue of ₹553.09B, compared to forecasts EPS of ₹28.46 on revenue of ₹550.82B.
Infosys had beat expectations on Thursday, October 13, 2022 with second quarter EPS of ₹14.34 on revenue of ₹365.4B, compared to forecast for EPS of ₹14.2 on revenue of ₹365.67B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar