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Firstsource reports third quarter Fiscal 2018 results

  • February 7th, 2018
  • Press Releases
  • Firstsource Solutions reports third quarter Fiscal 2018 results with increased revenues and improved profit margins

    Revenues of Rs 8,872 million

    EBIT of Rs 990 million

    PAT of Rs 995 million


    Kolkata, February 07, 2018: Firstsource Solutions Limited (NSE:FSL, BSE:532809), a global provider of customised Business Process Management (BPM) services and a RP-Sanjiv Goenka Group company, reported its consolidated financial results for the quarter ended December 2017 according to Ind AS.


    Highlights for the Quarter ended December 31, 2017:

    Mr. Sanjiv Goenka, Chairman, RP-Sanjiv Goenka Group and Firstsource Solutions said “Our strategic call to exit from the domestic segment last quarter has started showing improvements in our profit margins. In the quarters ahead, we will continue on the growth trajectory, focusing on improving our financial performance and shareholder’s value. As always, we will work on aggressively building our clientele in the segments and markets we operate in.”


    Business Highlights for the Quarter
    ended December 31, 2017:

    Business Wins

    Debt Repayment

    Firstsource Group USA, wholly owned subsidiary of Firstsource Solutions successfully made the quarterly principal repayment of USD 11.25 million on its outstanding debt on December 31, 2017.

    Awards and Recognitions


    About Firstsource

    Firstsource Solutions Limited, a RP-Sanjiv Goenka Group company (NSE: FSL, BSE: 532809, Reuters: FISO.BO, Bloomberg: FSOL@IN), is a leading global provider of customised Business Process Management (BPM) services to the Healthcare, Telecom & Media and Banking & Financial Services industries. The company’s clients include Fortune 500, FTSE 100 & Nifty 50 companies. Firstsource has a “rightshore” delivery model with operations in India, Philippines, UK and US.


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