{"id":179509,"date":"2026-02-04T03:39:05","date_gmt":"2026-02-04T08:39:05","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=179509"},"modified":"2026-02-04T03:39:11","modified_gmt":"2026-02-04T08:39:11","slug":"firstsource-solutions-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/firstsource-solutions-q3-fy26-earnings-results\/","title":{"rendered":"Firstsource Solutions Q3 FY26 Earnings Results"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>Executive Summary<\/strong><\/h2>\n\n\n\n<p>Firstsource Solutions Ltd reported Q3FY26 revenues of \u20b92,443 crore, up 16.22% YoY, but consolidated net profit declined 25% to \u20b9120 crore due to new Labour Codes exceptional items. Revenue growth from BPM services in BFSI and healthcare offset one-time regulatory costs impacting profitability.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Revenue &amp; Growth<\/strong><\/h2>\n\n\n\n<p>Revenues expanded to \u20b92,443 crore from \u20b92,102 crore YoY, driven by 16.2% growth across Banking, Healthcare, and Communications verticals. Total expenses rose 14.99% YoY to \u20b92,194 crore, moderated by operational leverage despite inflationary pressures.<\/p>\n\n\n\n<p><strong>Profitability &amp; Margins<\/strong><br>Consolidated net profit fell 25% YoY to \u20b9120 crore from \u20b9160 crore; adjusted PAT reached \u20b9202 crore (up 26.1% YoY) excluding \u20b9100 crore Labour Codes impact. Basic EPS declined 25.11% to \u20b91.70 from \u20b92.27; adjusted EPS at \u20b92.87.<\/p>\n\n\n\n<p><strong>Balance-Sheet Highlights<\/strong><br>The dataset lacks detailed balance sheet items such as assets, liabilities, equity, net debt, or current ratio for Q3FY26.<\/p>\n\n\n\n<p><strong>Cash Flow \/ Liquidity<\/strong><br>Free cash flow to adjusted PAT conversion at 164%, demonstrating strong cash generation despite reported profit dip from exceptional items.<\/p>\n\n\n\n<p><strong>Key Ratios \/ Metrics<\/strong><br>EBIT grew 24.9% YoY to \u20b9292 crore at 11.9% margins (up 80 bps); 9M revenues up 19.8% to \u20b96,973 crore. Digital-first strategy and AI-driven BPM services position for sustained growth across global client base.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/FSL-839x1024.png\" alt=\"\" class=\"wp-image-179510\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/FSL-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/FSL-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/FSL-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/FSL-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/FSL.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Executive Summary Firstsource Solutions Ltd reported Q3FY26 revenues of \u20b92,443 crore, up 16.22% YoY, but consolidated net profit declined 25% to \u20b9120 crore due to new Labour Codes exceptional items. Revenue growth from BPM services in BFSI and healthcare offset one-time regulatory costs impacting profitability. Revenue &amp; Growth Revenues expanded to \u20b92,443 crore from \u20b92,102 [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":179510,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[12523],"class_list":["post-179509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-bpm"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/FSL.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":172918,"url":"https:\/\/alphastreet.com\/india\/firstsource-solutions-q2-fy26-earnings-results\/","url_meta":{"origin":179509,"position":0},"title":"Firstsource Solutions Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"December 4, 2025","format":false,"excerpt":"Firstsource Solutions Ltd, a leading player in Business Process Management (BPM) and part of the RP-Sanjiv Goenka Group, provides tailored solutions across banking, healthcare, technology, and other sectors. The company follows a \"Digital First, Digital Now\" philosophy. Financial Highlights: Revenues increased 20.1% year-on-year to \u20b92,312 crore from \u20b91,925 crore. Total\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/FS-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/FS-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/FS-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/FS-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/FS-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/12\/FS-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":169705,"url":"https:\/\/alphastreet.com\/india\/rpsg-ventures-ltd-q1-fy26-earnings-results-7-fall-in-profits\/","url_meta":{"origin":179509,"position":1},"title":"RPSG Ventures Ltd Q1 FY26 Earnings Results &#8211; 7% fall in Profits","author":"Chirag Gupta","date":"August 4, 2025","format":false,"excerpt":"RPSG Ventures Ltd owns and operates a diversified portfolio of businesses including information technology (IT) services, business process management (BPM), fast moving consumer goods (FMCG), Ayurveda formulations, real estate, sports and restaurants. All of its businesses are carried out through various subsidiary companies except of its IT services business. Presenting\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"RPSG Ventures Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/1-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/1-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/1-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/1-2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/1-2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/1-2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179759,"url":"https:\/\/alphastreet.com\/india\/bharti-airtel-q3-fy26-earnings-results\/","url_meta":{"origin":179509,"position":2},"title":"Bharti Airtel Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 6, 2026","format":false,"excerpt":"Bharti Airtel Ltd reported consolidated financial results for Q3 FY26 ended 31 December 2025. Key figures show revenue growth offset by a sharp profit decline. Executive Summary Bharti Airtel Ltd's Q3 FY26 revenues reached \u20b953,982 crore, up 19.62% YoY from \u20b945,129 crore. Consolidated net profit fell 47.3% YoY to \u20b98,503\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/AR.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/AR.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/AR.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/AR.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/AR.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/AR.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":170321,"url":"https:\/\/alphastreet.com\/india\/hinduja-global-solutions-q1-fy26-earnings-results\/","url_meta":{"origin":179509,"position":3},"title":"HGS Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 19, 2025","format":false,"excerpt":"Hinduja Global Solutions Ltd (HGS) is engaged in the business of business process management (BPM), providing voice and non-voice services like contact center solutions and back office transaction processing across the globe. The company operates in sectors including healthcare, telecom, consumer electronics, and banking. Presenting below are its Q1 FY26\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"HGS Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/HG.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/HG.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/HG.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/HG.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/HG.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/HG.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178320,"url":"https:\/\/alphastreet.com\/india\/acc-cement-q3-fy26-earnings-results\/","url_meta":{"origin":179509,"position":4},"title":"ACC Cement Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"January 29, 2026","format":false,"excerpt":"Executive Summary ACC Ltd reported Q3FY26 revenues of \u20b96,483 crore, up 8.56% YoY, but consolidated net profit plunged 63.0% to \u20b9404 crore from \u20b91,092 crore. Total expenses surged 18.88% YoY to \u20b96,115 crore, significantly outpacing revenue growth and crushing profitability. Revenue & Growth Revenues increased to \u20b96,483.00 crore in Q3FY26\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/ACC.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/ACC.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/ACC.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/ACC.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/ACC.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/ACC.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":141319,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-firstsource-solutions-for-q3-fy23\/","url_meta":{"origin":179509,"position":5},"title":"Earnings Summary Of Firstsource Solutions For Q3 FY23","author":"Hardik Bhandare","date":"February 13, 2023","format":false,"excerpt":"Firstsource Solutions Limited (NSE: FSL) is an Indian multinational company that provides business process management and customer relationship management services. The company operates in the healthcare, banking and financial services, telecom and media, and insurance sectors. The company reported Revenue of \u20b91,503.31 Cr in the quarter ended December 2022, up\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-3.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-3.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-3.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-3.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-3.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-3.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=179509"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179509\/revisions"}],"predecessor-version":[{"id":179511,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179509\/revisions\/179511"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/179510"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=179509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=179509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=179509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}