Firstsource Solutions has provided an optimistic outlook for the fiscal year 2025, revising its revenue growth expectations significantly upwards. The company now anticipates revenue growth between 19.5% and 20.5% in constant currency terms, an increase from its previous forecast of 11.5%-13.5%. This improved forecast includes a notable contribution from the recent acquisition of Ascensos, expected to account for approximately 5% of the revenue over a seven-month period in FY25.
FY25 Financial Outlook Highlights:
- Revenue Growth: The revised guidance projects a revenue growth of 19.5%-20.5% for FY25 in constant currency terms, indicating the company’s confidence in robust performance, boosted by the integration of Ascensos.
- Operating Margins: Firstsource Solutions expects normalized EBIT margins, excluding one-time acquisition-related charges, to be within the range of 11%-11.5% for FY25.
This positive revision reflects Firstsource’s strategic moves in expanding its footprint through acquisitions and strengthening its revenue base while maintaining stable operating margins.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Readers are advised to consult with a professional financial advisor before making any investment decisions.
