Multibagger Birlasoft has came out with a soft set of quarterly results, with revenue and margins slightly missing analyst estimates. Discretionary slowdown and weak order book could limit near-term growth, marketmen said while cutting their earnings projections for Birlasoft by up to 10 per cent for FY25-26. For now, analysts are mixed on Birlasoft shares. The IT firm’s cash reserves are seen as positive but the less-than-expected order book may limit Birlasoft’s ability to deliver double-digit revenue growth in FY25, analysts warned.
