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Firstsource Solutions Ltd Q2FY24; 2% fall in Profits

Firstsource Solutions Limited is a leading player in the Business Process Management (BPM) industry. Part of the RP-Sanjiv Goenka Group, Firstsource provides bespoke services and solutions to its customers across Banking and Financial Services, Healthcare, Communications, Media and Technology, and other diverse industries. The company has the philosophy of ‘Digital First, Digital Now’

Financial Results:

Firstsource Solutions Ltd reported Revenues for Q2FY24 of ₹1,540.00 Crores up from ₹1,488.00 Crore year on year, a rise of 3.49%.

Total Expenses for Q2FY24 of ₹1,402.00 Crores up from ₹1,382.00 Crores year on year, a rise of 1.45%.

Consolidated Net Profit of ₹127.00 Crores down 1.55% from ₹129.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.80, down 2.70% from ₹1.85 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Banking
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