Firstsource Solutions Limited has seen its shares surge over 10% following the announcement of its financial results for the quarter ending September 30, 2024. The company posted robust growth in both revenue and net profit on a year-over-year basis, signaling positive momentum.
As of 2:30 PM the shares were trading 10.39% higher at ₹367.20 on NSE
Key Highlights for Q2 FY25:
- Revenue from Operations: Firstsource Solutions reported revenue of ₹1,932.61 crore for Q2 FY25, marking a significant 25.3% increase from ₹1,541.71 crore in the same quarter last year.
- Net Profit: The company posted a 9.3% year-over-year growth in net profit, reaching ₹138.21 crore compared to ₹126.51 crore in Q2 FY24.
For the six months ended September 30, 2024, Firstsource Solutions recorded total revenue of ₹3,716.44 crore, with a net profit of ₹273.46 crore, reflecting its continued financial strength and operational success.
The strong financial performance has fueled optimism around the stock, driving its price up over 4% in today’s trading.
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Firstsource Solutions