Firstsource Solutions Limited, a global provider of Business Process Services (BPS) and an RP-Sanjiv Goenka Group company, has reported a 24.5% YoY increase in net profit to ₹160.3 crore for the third quarter of FY25, compared to ₹128.7 crore in Q3 FY24. The company’s revenue surged 31.7% YoY to ₹2,102.4 crore, driven by strong deal wins and continued operational efficiency.
Key Financial Highlights (Q3 FY25):
- Revenue from operations: ₹2,102.4 crore, up 31.7% YoY from ₹1,594.8 crore.
- EBIT: ₹233.3 crore, growing 36.5% YoY.
- Net profit (PAT): ₹160.3 crore, a 24.5% YoY increase from ₹128.7 crore.
- Earnings per share (EPS): ₹2.27 (diluted), up from ₹1.84 in Q3 FY24.
The Board has declared an interim dividend of ₹4 per share for FY25, with the record date set as February 21, 2025. Firstsource has acquired Accunai India Services Private Limited (AccunAI), a Jaipur-based AI development company, for ₹8.1 crore in an all-cash deal to strengthen its AI-driven capabilities.
- Secured three large deals, including:
- A Top 10 North American healthcare payer for claims processing services.
- A Top 3 consumer tech firm for GenAI content development.
- A leading UK utilities company for expanded customer support services.
- Added 13 new clients across verticals in Q3 FY25.
- Employee strength at 34,144, with a net addition of 1,200 new hires this quarter.
- Achieved an ESG & CSA score of 81 from S&P Global, ranking in the 99th percentile of the Dow Jones Sustainability Index.
Firstsource has raised its FY25 revenue growth guidance to 21.8%-22.3% in constant currency terms. The company aims to enhance its AI capabilities, expand its digital transformation services, and strengthen its global footprint.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
