Firstsource Solutions net profit spikes 44.8 per cent

Amir Shaikh
/ Categories: Trending, Quarterly Results

Firstsource Solutions consolidated revenue for the quarter came in flat at Rs 887.1 crore, as compared to Rs 846.3 crore in the previous quarter.  

The company's EBITDA for the quarter rose by 5.94 per cent QoQ to Rs 115.9 crores with a corresponding margin expansion of 53 bps. The EBITDA margin for the quarter stood at 13.07 per cent. 

The PAT for the quarter came in at Rs 99.5 crore, an increase of 44.83 per cent QoQ. This was mainly due to tax credit in the quarter as against tax expense of Rs 14.9 crore in the previous quarter.
 
Today the stock of FSL is trading in green at Rs. 41.7, up by almost 3 per cent. The stock opened at Rs. 41.5 as against previous close of Rs. 40.4.

Rate this article:
5.0

Leave a comment

Add comment

DSIJ MINDSHARE

Mkt Commentary28-Mar, 2024

Multibaggers28-Mar, 2024

Interviews28-Mar, 2024

Multibaggers28-Mar, 2024

Multibaggers28-Mar, 2024

Knowledge

General26-Mar, 2024

MF25-Mar, 2024

General18-Mar, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR