Birlasoft Q4 Net at Rs 66 cr; names Dharmender Kapoor as CEO

Birlasoft, a part of the USD 2 billion diversified C K Birla Group, Friday said its consolidated net profit stood at Rs 66.06 crore for the March 2019 quarter.

Its revenue from operations was at Rs 788.28 crore in the quarter under review, it said in a BSE filing.

Also, Birlasoft said its CEO and Managing Director Anjan Lahiri will be stepping down from his role "owing to a pressing personal situation". Dharmender Kapoor - who is currently the Chief Operating Officer - will succeed Lahiri as the CEO.

Last year, Birlasoft and KPIT Technologies had announced that they will merge and then split into two publicly-traded companies to create two specialised IT players.

After the demerger, the engineering business was re-listed on the BSE as KPIT Technologies, while Birlasoft is now positioned as an enterprise digital and IT services company.

The figures for the quarter and year ended March 31, 2019, are not comparable with that of the previous periods on account of the deal, Birlasoft ...