Birlasoft Ltd (Birlasoft) dollar revenues declined 4.6% QoQ mainly due to milestone achievement in large deal won in lifescience segment (which declined 20.5% QoQ), discounts and project deferrals. However, the company continues to execute well on margins front, which improved 158 bps QoQ (up 288 bps YoY) to 13.9% mainly led by rationalisation of SG&A; expenses and higher utilisation partially offset by higher onsite revenues. Net profit increased 22.7% QoQ to | 69.1 crore due to higher other income. The company has declared a dividend of | 1/share. Birlasoft's order book is...