Mumbai, Sept. 25 -- The agency has also affirmed the company's short-term rating at 'CARE A1+'.

CARE Ratings stated that the reaffirmation continues to derive strength from Birlasoft's established position in the IT services industry, predominantly in MedTech, Cards & Payments, Asset Management and ERP Implementation services, its robust capital structure, healthy cash flow generation, and strong liquidity with cash and liquid investments of over Rs 1,900 crore as on 31 March 2025, supported further by unutilised working capital lines.

The company also benefits from being part of the well-known and diversified CKA Birla Group (erstwhile CK Birla Group), which imparts financial flexibility and underscores its strategic importance.

In FY...