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31-Jul-2025

Firstsource Solutions

EBIT margin guidance maintained at 11.25-12% for FY2026


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Firstsource Solutions hosted conference call on July 30, 2025. In the conference call the company was represented by Mr Rajesh Subramniam MD & CEO and Mr Dinesh Jain –CFO.

Key Takeaways of the call

In Q1 the company witnessed healthy start to FY2026 and also keeps the company on track to deliver another year of industry-leading growth despite macroeconomic and geopolitical uncertainties.

Q1FY2026

 

Revenues stood at Rs 2,217.7 crore (US$ 259 million), up 23.8% YoY. In US dollar terms, the growth was 20.7% yoy and 3.6% QoQ. In constant currency terms, revenue grew 1.6% QoQ and 19.2% yoy.

 

Vertical wise BFSI was flat qoq and grew by 7% yoy in cc terms. The company added 2 new logos in BFSI. The company has invested over the last few quarters in strengthening its sales and solutions team in this vertical, especially in North America, to broad-base its presence in ex...



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