IT services and solutions provider Birlasoft on Wednesday reported a 12.06 per cent year-on-year decline in consolidated net profit to Rs 127.5 crore for the quarter ended September 30, 2024. It had reported a net profit of Rs 145 crore in the year-ago period, according to a stock exchange filing. On a quarter-on-quarter basis, profits fell 15.11 per cent from Rs 150.2 crore in the April-June period. Revenue for the reporting quarter came in at Rs 1,368.2 crore, an uptick of 4.45 per cent from Rs 1,309.8 crore in Q2 FY24. Revenues rose 3.07 per cent sequentially. "This (revenue growth) was driven by ramp-ups in some projects that were earlier delayed, better account mining and incremental business from consolidation deals where we have gained wallet share. "The investments that we have been making to enhance our tech and domain capabilities as well as partnerships, which we believe is key for future growth, have already begun to see some early results reflected in a noticeable ...