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Firstsource Solutions gains after Q2 PAT rises 2% QoQ to Rs 138 cr in FY25
28-Oct-24   15:00 Hrs IST

Revenue from operations jumped 8.34% QoQ to Rs 1,932.61 crore in Q1 FY25.

Year on year (YoY) basis, the company's consolidated net profit and revenue jumped 9.26% and 25.35% in Q2 FY25.

Profit before tax (PBT) rose 10.84% YoY to Rs 171.02 crore in Q2 FY25.

EBITDA stood at Rs 287.3 crore during the quarter as compared with Rs 269.9 crore recorded in corresponding quarter last year. EBITDA margin reduced to 14.9% in Q2 FY25 as against 15.1% in Q1 FY24.

In dollar terms, the revenue stood at $ 230 million, registering the growth of 23.4% YoY. On constant currency terms, revenue grew by 6.9% QoQ and 22.7% YoY.

On outlook front, the company expects constant currency revenue growth of 11.5 -13.5% and EBIT margin at 11-12% in FY25.

Firstsource Solutions is a global provider of business process management (BPM) services and an RP-Sanjiv Goenka Group company.

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