Birlasoft shares trade in green as company see no major impact of new H1 B visa rules

Shares of Birlasoft traded in green on Tuesday morning after the company updated the exchange with the impact of H1 B visa rules on the company’s business. The shares of all IT companies were in focus on Monday after President Donald Trump signed an executive order on applying an increased fee of $100,000 per application on new H1 B Visa petitions. The new visa rules are expected to affect the margins of the IT companies as new petitions could drive the costs higher.

Following the announcements, shares of IT companies were the top laggards in the market on Monday as with the NIFTY IT index as the top sectoral loser. Among the midcap IT names, shares of Coforge, Persistent, LTIMindtree and Cyient fell as much as 4% on Monday despite the clarifications on the impact of the new visa rules.

Birlasoft on Tuesday said, “We have taken note of the recent U.S. Executive Order related to H-1B visa applications and subsequent Memorandum issued by the US Citizenship and Immigration Services. At this time, we do not anticipate any immediate significant impact of the aforesaid regulatory changes on our operations or our ability to serve our customers”.

The exchange filing further added, “We also continue to monitor developments in this regard and will provide further updates as appropriate”.

Birlasoft shares are trading in sharp underperformance with -33% returns on a YTD basis as compared to the sectoral NIFTY IT index, which is down over 18% in the same period. In the latest quarterly earnings, the total revenue for the Q1FY26 declined 3.2% YoY to ₹1,126 crore and profit after tax declined by 29% YoY to ₹106 crore, from ₹150 crore in the previous year’s similar quarter.

Following the announcement, shares of Birlasoft traded 0.7% higher at ₹372 apiece on the NSE in the early trade.