RP Sanjiv Goenka Group

Live Mint: Firstsource Solutions gains on reporting 28% rise in Q4 consolidated net profit

Estimated reading time : 2 Minutes

Don’t forget to share this post!

Publication: Live Mint

Firstsource Solutions is currently trading at Rs. 40.60, up by 0.60 points or 1.50% from its previous closing of Rs. 40.00 on the BSE.

The scrip opened at Rs. 40.20 and has touched a high and low of Rs. 40.70 and Rs. 39.75 respectively. So far 48,000 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 45.90 on 01-Dec-2015 and a 52 week low of Rs. 25.15 on 25-Aug-2015.

Last one week high and low of the scrip stood at Rs. 43.35 and Rs. 39.65 respectively. The current market cap of the company is Rs. 2,732.92 crore.

The promoters holding in the company stood at 55.54% while Institutions and Non-Institutions held 16.29% and 28.16% respectively.

The company has posted a fall of 2.91% in its net profit at Rs 27.69 crore for the quarter ended March 31, 2016 as compared to Rs 28.52 crore for the same quarter in the previous year. Total income of the company has decreased by 0.87% at Rs 215.10 crore for quarter under review as compared to Rs 216.99 crore for the quarter ended March 31, 2015.

On consolidated basis, the company has posted a rise of 27.84% in its net profit after taxes & minority interest at Rs 79.66 crore for the quarter ended March 31, 2016 as compared to Rs 62.31 crore for the corresponding quarter in the FY15. Total income of the company increased by 15.98% at Rs 874.96 crore for quarter under review as compared to Rs 754.41 crore for the same quarter ended previous year.

For the year ended March 31, 2016, the company has posted a fall of 8.56% in its net profit at Rs 149.73 crore as compared to Rs 163.75 crore for the same period in the previous year. Total income of company decreased 3.46% at Rs 900.53 crore for year under review as compared to Rs 932.80 crore for the period ended March 31, 2015.

For the year ended March 31, 2016, on the consolidated basis, the company has posted rise of 13.08% in its net profit after taxes & minority interest at Rs 264.96 crore as compared to Rs 234.31 crore for the same period in the previous year. Total income of company has increased by 6.53% at Rs 3239.73 crore for year under review as compared to Rs 3041.17 crore for the period ended March 31, 2015.

Latest news

Let’s get started

Share business inquiries below. Looking for something else?
Check out job applications and for employee reference checks.

Let’s get started

Share business inquiries below. Looking for something else?

Check out job applications and for employee reference checks.

This form will put you in touch with our business development team. For all other functions, please click here.

Ready to get in touch and grow your business?
Tell us a little more so we can connect you with the right person
Last step! Let us know which solutions you're most interested in
Connect with us

Download Now

Simply fill out this form to download