New Delhi, Oct. 29 -- Birlasoft shares surged more than 12% on Thursday, 29 October, after the IT services company reported a strong rise in net profit for the September quarter of FY27, alongside an increase in revenue and higher order bookings.

The company's consolidated net profit climbed 37.5% year-on-year (YoY) to Rs.160 crore in Q2 FY27, compared with Rs.116 crore in the corresponding quarter last year. Revenue from operations grew 6.6% to Rs.1,416 crore from Rs.1,329 crore a year earlier.

However, operating profitability remained under pressure. Earnings before interest and tax (EBIT) declined 1.4% YoY to Rs.190.3 crore from Rs.193 crore, while the EBIT margin narrowed to 13.4% from 14.5% in the year-ago quarter.

Birlasoft's boa...